Following a retracement phase, Mantle (MNT) has experienced a sharp pullback from the support zone. The potential for a rebound and further value appreciation exists if buyers continue to accumulate. Similarly, the on-chart performance of Optimism (OP) has been bullish, suggesting a possibility of a future rally. Concurrently, the Meme Moguls (MGLS) crypto ICO has seen increased activity, raising expectations for the crypto’s value to reach new heights. This article explores the potential surges of these cryptocurrencies and evaluates which one might be the best investment.
Mantle (MNT) on the Verge of a Noteworthy Rebound – Can it Exceed $1?
Mantle (MNT) is poised for a significant rebound and surge in upcoming trading sessions. The RSI curve has surpassed 60, indicating a positive crossover and the potential continuation of a buying trend for Mantle. The price has formed a rising parallel channel, consistently delivering buying momentum. However, the Mantle price needs to retest its resistance at $0.07, a level where bulls have faced rejections multiple times. If successfully surpassed, an additional upward move is expected. According to Mantle price predictions, it could rise as high as $1.27 by the end of 2024.
Optimism (OP) Shows Bullish Signs – Projected Price of $6.51 by End of 2024
Optimism (OP) demonstrates bullish on-chart performance with positive trends over the past week, month, and three months. This stability in the upward direction has propelled the Optimism price up by 114% in the last 30 days, breaking the $4 price barrier to reach a maximum value of $4.21. Following a retracement to under $3 and finding support at $3.50, a significant increase in demand could lead to a price bounce-back and potential surpassing of the previous weak high. Optimism’s price could then aim for $5, and if bulls regain control, it might reach $6.51 by the end of 2024, according to price predictions.
Meme Moguls (MGLS) Introduces Simulated Trading with Cashable Returns
Meme Moguls (MGLS) is set to feature an ecosystem where participants can learn investment strategies while enhancing their trading skills. The platform will offer various trading strategies through simulated trading with Play-to-Earn (P2E) opportunities. Players can convert their simulated profits into cashable returns and engage in diverse gameplay experiences. The ecosystem will also include NFTs, enhancing trading conditions and providing opportunities for additional capital gains through sales in the marketplace. Staking opportunities for MGLS crypto offer passive income, with the amount gained based on the staked percentage and annual returns, making it a promising investment.
Both Mantle and Optimism exhibit a bullish outlook on the chart, with the potential for reaching new highs if bulls regain control. Meanwhile, the Meme Moguls presale has entered Stage 4, with a single token trading at $0.0027. Analysts anticipate a 100x upswing following its launch, considering its current momentum and the overall bullish market sentiment.
Discover more about $MGLS:
