Mantle (MNT) has completed a retracement phase, leading to a sharp pullback from the support zone. If buyers continue to accumulate it, it can lead to a rebound and push its value further. Optimism (OP)’s on-chart performance was bullish as well, indicating that there is an opportunity for a future rally as well.
Alongside all of this, the Meme Moguls (MGLS) crypto ICO has surged in activity, and the value of the crypto could soon be pushed to new heights. Today, we will uncover how far all of these cryptocurrencies can spike and determine the best cryptocurrency to invest in.
Mantle (MNT) Experienced a Remarkable Rebound – Can Its Price Move Above $1?
Mantle (MNT) could soon see a remarkable rebound and surge in the upcoming trading sessions. The RSI curve climbed to above 60, showcasing a positive crossover, signalling that the follow-on buying trend could continue for the Mantle crypto.
Its price showcased a rising parallel channel that continues to form higher high swings and is delivering buying momentum for the past sessions. However, the Mantle price will retest its resistance at $0.07, where bulls faced rejections multiple times. If it is surpassed, an additional move upwards is anticipated. According to the Mantle price prediction, it can rise as far as $1.27 by the end of 2024.
Optimism (OP) Expresses Bullishness – Price to Reach $6.51 by the End of 2024
Optimism (OP) is expressing bullish on-chart performance and has attained good performance in the past week, month, and three months. These aspects of its on-chart performance signal a stable upward direction. The Optimism price has pushed 114% in the past 30 days and broke past the $4 price barrier to a maximum value of $4.21.
Then, the crypto retraced under $3 again and found support at $3.50. If the demand for Optimism crypto increases drastically, the price could bounce back from the current level and surpass the weak high alongside this. Then, the next goal for its price could be for it to reach $5. According to the Optimism price prediction, if bulls regain control, it can reach $6.51 by the end of 2024.
Meme Moguls (MGLS) to Feature Simulated Trading With Cashable Returns
Meme Moguls (MGLS) will feature an ecosystem where players can learn how to invest while improving their trade. The platform will teach players various new trading strategies and immerse them in a world of simulated trading with Play-to-Earn (P2E) opportunities. Players can engage in various gameplay experiences through the platform and turn their simulated profits into cashable returns.
The ecosystem will also feature NFTs. These can be used to improve trading conditions and sold on the marketplace for additional capital gains. There are leaderboards where players can climb to reach Moguls’ Status.
The further they get, the higher the possible rewards they can receive. There are also staking opportunities for the MGLS crypto. Those staking it can get passive income, and the amount gained is based on the percentage staked and the annual returns. Due to this, it is seen as the best cryptocurrency to invest in.
Summary
Aside from Mantle and Optimism, both are showcasing a bullish outlook on the chart and if bulls regain control, they can both reach new heights. In the meantime, the Meme Moguls presale has reached Stage 4. Here, a single token trades for $0.0027, but at launch, it can surge further. With its current momentum and overall bullishness of the entire market, analysts expect a 100x upswing following its launch.
Learn more about the $MGLS here:
