Assalamu Alaikum
How are you friends! Hope you are well. Alhamdulillah I am fine too. Friends today we are going to talk about Manta Coin. So let's start discussing Manta Coin!
Guys I wrote a post earlier about Manta Coin and said that since it is a blockchain based project it can perform very well in future. And besides, there is no doubt that it is going to give us a good profit in the coming bullrun If you look closely at my previous post, you will see that I have discussed in great detail there that alts coins are yet to have a big boom and hence we can expect good profits from these coins in the future as well. Note, Manta Coin is currently hovering around $1.25 and is seeing a downtrend of 5.30 percent. If we look at the 24-hour price fluctuation here, we can see that the high is $1.34 and the low is $1.27.
Here if we mention the market cap then we can see that its market cap is 488 million dollars. And the trading volume is 64 million dollars. As its trading volume is low now, but when its trading volume increases we can easily see its price rise. Also, the max supply of Manta coin is 1 billion and the total supply is 1 billion and the circulating supply is more than 384 million.
So far Manta Coin's all time high was $4.05 and we are still down 68.64 percent from that. And Manta's all time high was made around mid-March. See, since it is currently trading at or around $1.25 and its all time high was $4, we can expect it to cross $4 in Bullran.
See if you look at the chart pattern of Manta Coin you will see that it has been moving upwards continuously since November 20th. And creating a higher high higher low pattern one after the other. You can also notice that its resistance is forming a straight line as well as its sport line is forming a trendline. Which is a bullish pattern. So if we cross our resistance i.e. above $1.3 then we can see a good recovery here with a range around $1.8.
See, so far we've discussed a bit about Manta Coin's chart patterns and seen what range of targets you may have in front of you. But if you have not bought Manta Coin before and if you are thinking to buy Manta Coin this time and take fresh entry then you should buy this coin at $1.1. And if you have bought Manta Coin before and you are thinking that you will buy it again then you can buy below $1.2.
See in my last post I also explained that since we are at the end of the week the volume is low in the market due to which we may see a small dump or correction in various coins. And use this time as your opportunity to buy. But if you plan to do DCA, then your suitable target for that is $1.
Another thing to note, as it still has a relatively low 24-hour trading volume and a relatively low market cap as well, so as we slowly move towards a bull market, we can see an uptick in both trading volume and market cap, and the impact we can see. On the value of Parbo Coin So we can easily see a market cap of 1 billion before the bullmarket comes
See guys this is one of the few coins that I personally like a lot. Friends, I am not a professional trader, so when you take a trade, you must do your own research. Guys this is the end of today, everyone be well.
https://x.com/youshamunna4/status/1865789715808661665?t=FbyaxozVMjwuAM_SjiK9jg&s=19
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Upvoted! Thank you for supporting witness @jswit.
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Nice article you created on the discussion about this wonderful project manta coin, DCA is a nice way to invest in any project.
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By dca a trader can multiply his profit share very easily.
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Discussing About Manta Coin is a great post.
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I did not track Manta Coin much but it seem to be a good project and You have shared valuable information about this which can help anyone to have thorough understanding.
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thank you so much, its my pleasure. Take love.
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