Mantle (MNT) broke out from a long-term diagonal resistance.
The Mantle price reached a new all-time high of $1.95 today.
How much longer will Mantle continue to increase?
Mantle has been one of the best-performing crypto assets since the start of June.
After rallying by 250% and breaking out from a long-term diagonal resistance, Mantle has created several new all-time highs in the last two weeks.
Mantle reached another high today, and the charts suggest the upward movement is not over.
Let’s take a closer look and determine what lies ahead in October.
Mantle Price Analysis
The Mantle price fell under a descending resistance trend line after hitting its all-time high of $1.55 in March 2024.
Mantle’s downward movement was lengthy and substantial, leading to a low of $0.52 in June 2025, a drop of 66% since the high.
However, the tides have shifted since. The Mantle price surged by over 250%, hitting a new all-time high price of $1.95 today.
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Mantle also broke out from the diagonal resistance during its upward movement, confirming that its correction has ended.
Moreover, the price action shows no signs of weakness. While MNT created a bearish weekly candlestick in September (red icon), it invalidated it with a bullish, engulfing one next week.
Hence, the current price action suggests Mantle’s increase will continue toward the next resistance at $2.20, created by the 1.61 external Fibonacci retracement level.
In addition, momentum indicators are bullish. The Relative Strength Index (RSI) is above 70, and the Moving Average Convergence/Divergence (MACD) is positive.
Both are moving upward, giving a bullish Mantle price prediction and suggesting that new highs are likely.
Why is Mantle Going Up?
While the price action gives a bullish Mantle prediction, the wave count suggests the price will reach a top soon.
Since Mantle completed a lengthy A-B-C correction (black) under its diagonal resistance trend line, it started a new five-wave upward movement (green) in July 2025.
If that is the case, it is currently in the fifth and final wave of this increase, and the move may have already ended.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
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.
