{"id":14138,"date":"2025-08-07T10:32:44","date_gmt":"2025-08-07T09:32:44","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=14138"},"modified":"2025-08-07T10:32:45","modified_gmt":"2025-08-07T09:32:45","slug":"mantle-surges-by-20-targeting-1-22-price-point","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/mantle-surges-by-20-targeting-1-22-price-point\/","title":{"rendered":"Mantle Surges by 20% Targeting $1.22 Price Point"},"content":{"rendered":"\n

Mantle’s Bullish Momentum Continues<\/h2>\n\n\n\n

Mantle (MNT)<\/strong> has experienced a remarkable surge in recent days, gaining more than 20%<\/strong> to reach price levels not seen for several months. This progression comes as the cryptocurrency<\/a> successfully broke through a major technical resistance level, paving the way for new bullish prospects.<\/p>\n\n\n\n

\"Mantle<\/figure>\n\n\n\n

From a structural perspective, Mantle’s positive trend began when the long-term support at $0.57<\/strong> successfully withstood downward pressure. This level served as a foundation for a new accumulation phase, setting the stage for the current upward momentum.<\/p>\n\n\n\n

As prices advanced, Mantle managed to reclaim its Fair Gap Value at 97 cents<\/strong>. This breakthrough particularly follows the liquidation of a historical bearish trendline at $0.81<\/strong> which must now serve as support. This type of breakout is often a strong signal for continued bullish movement<\/strong>, with investors now accepting higher prices.<\/p>\n\n\n\n

A New Target of $1.22 in Sight<\/h2>\n\n\n\n

If Mantle’s current market structure holds and the price remains above the top of the FGV, the next major resistance sits around $1.22<\/strong>. This level, which has not yet been tested, has now become the new preferred target for analysts.<\/p>\n\n\n\n

The high volume observed during this upward phase further reinforces the solidity of the movement. The increased buyer participation validates the breakout<\/strong> as more than just a short-term spike, opening the door to a continuation of the positive trend.<\/p>\n\n\n\n

Currently, Mantle is moving in a relatively clear trading space, with no significant resistance until $1.22<\/strong>. If the bulls manage to maintain control, the rally could continue smoothly toward $1.6<\/strong>, reaching new heights.<\/p>\n\n\n\n

In conclusion, Mantle shows undeniable signs of technical strength<\/strong>, with a clearly established bullish trend. If the price manages to stay above the top of the value zone, progression toward $1.22 becomes the most likely objective<\/strong> in the short term.<\/p>\n\n\n\n

Investors should, however, remain attentive to upcoming candle closures and volume evolution, as these elements will confirm (or contradict) the strength of the current bullish movement. A drop below the $0.80<\/strong> level would call this positive dynamic into question, although the general structure remains unchanged for now.<\/p>\n\n\n\n

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$MNT<\/a> is up 60% this month and if it can still be considered as an L2, it's now the Largest by Mcap.

But Mantle is much more!

Right now the Narrative is around public traded companies buying $ETH<\/a> for their treasury.

And people usually don't know that Mantle has the largest\u2026 https:\/\/t.co\/uJQklwtBVE<\/a> pic.twitter.com\/91BJpP2hnK<\/a><\/p>— Shiro (@CryptoShiro_) August 5, 2025<\/a><\/blockquote>