Mantle (MNT) Price Increases 35% — All-Time High Within Reach

Mantle started 2024 positively, reaching its yearly high in April. However, the rest of the year was not as smooth since the price fell by 70% over six months.

While MNT began another upward movement in November, it failed to break its previous highs.

2025 has not been kinder – Mantle’s price fell by 22%, causing a breakdown from a critical support level.

However, Mantle has regained its footing by increasing 35% in the past five days and reclaiming the support area.

With momentum building, it is worth looking closely at the movement to see if it can take MNT to a new all-time high.

Mantle Reclaims Support

After trading inside a horizontal range between August and November, MNT accelerated its upward movement and ended the year on a rally. The MNT price reached a high of $1.42 on Jan. 5, only slightly under the all-time high price of $1.51.

MNT fell afterward, seemingly breaking down from the $1.08 horizontal support area, and fell to a low of $0.92 on Jan. 20.

However, MNT has rallied by 35% since and is creating its fifth successive bullish candlestick.

The Mantle price also cleared the 0.618 Fibonacci retracement resistance level at $1.23, often acting as the top if the movement is corrective.

Technical indicators have turned bullish. The Relative Strength Index (RSI) just increased above 50, and the Moving Average Convergence/Divergence (MACD) has just made a bullish cross (black circles).

Both are considered positive signs associated with a bullish trend.

So, the daily time frame suggests that Mantle will continue to increase.

Mantle All-Time High

Mantle’s wave count suggests the upward movement will continue to a new all-time high. The most likely count suggests MNT has completed wave four in a five-wave upward movement (white).

The sub-wave count is in black, showing an irregular flat correction.

If the count is accurate, MNT has started its upward movement’s fifth and final wave.

The most likely target for the top of this increase is between $1.66 and $1.82, created by the 1.61 external Fibonacci retracement of wave four and by giving wave five the same length as waves one and three combined.

After reaching the target, the MNT price could undergo a lengthy correction. Alternatively, falling below the Jan. 20 low of $0.92 will invalidate this count, implying the entire five-wave increase is over. Currently, this seems unlikely.

Mantle Rally Continues

The Mantle price created concern by falling below the $1.08 horizontal support area.

However, the upward movement indicates that the correction is over, and new highs are likely.

The wave count predicts a new Mantle all-time high inside the $1.66 – $1.82 region.

About the Author

Valdrin Tahiri

Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.

He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.

Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.

He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.

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