As of April 9, 2025, the Manta Network (MANTA) cryptocurrency is trading at $0.173782, a change of -0.02516% from its previous close.
Technical Analysis:
- Moving averages (SMA): MANTA is trending neutral on the weekly timeframe, with the 50-week SMA crossing the 200-week SMA from top to bottom, with price trading above both averages.
- MACD Indicator: On the weekly chart, MACD is signaling a bearish trend as the signal line crossed the zero level from top to bottom and the histogram remains negative.
Price Predictions:
- 2025: MANTA price forecasts vary widely:
- CoinCodex expects the price to range from $0.251442 to $1.183431.
- Changelly predicts a minimum price of $1.72 and a maximum of $2.03.
- CoinStats suggests a range of $3.03 to $3.60.
Factors affecting price:
- Technological developments: Manta Network utilizes zero-disclosure technologies to ensure transaction privacy, which may increase the project's appeal among users who value privacy.
- Cryptocurrency market conditions: General market trends and events, such as the bitcoin halving, may have a significant impact on MANTA's price.
Conclusion:
Current technical indicators point to a neutral or weakly bearish trend for MANTA. Long-term price forecasts vary widely, reflecting the uncertainty in the market. Investors are advised to closely monitor project developments and general market conditions before making investment decisions.