Analyst Inmortal, known in the crypto money markets, drew attention with the assessment of the Mantle platform about the local token MNT. Analyst argued that MNT’s price movements resembled the pre -bull period of Chainlink in the past and could have a similar rise potential.
MNT can follow in the footsteps of Chainlink
Inmortal, known for his shares on social media, said that the current levels of MNT are very attractive. According to the analyst, MNT can make a major output, just as Chainlink lived in the 2019-2020 period. As it will be recalled, Chainlink recorded a value increase of 3.797 percent starting from low levels.
Inmortal thinks that a similar scenario may also apply to mantle. In particular, MNT’s structure resembling an early project offers a potential opportunity for investors according to the analyst. The MNT, which is currently traded at $ 0.66 levels, is expected to rise up to $ 6 in the future.
The analyst’s comments were met with interest by investors looking for new opportunities in the market. It is stated that the assets that have not yet become the main current such as MNT should be carefully monitored. Inmortal’s words stand out: “MNT gives me early chainlink air. This is a definite choice for me.”
Bitcoin in critical exam at 95 thousand dollars
In addition to the MNT, another title Inmortal attracted attention was Bitcoin’s price movement. Analyst said that the reaction of the leading crypto currency at the level of $ 95,000 will be decisive in terms of the general aspect of the market. The support of this level as a support can pave the way for new rise.
Inmortal, referring to the periods when Bitcoin previously declined from $ 45,000 to $ 16,000, says that the price was tested with a similar structure in this cycle. In the opinion that the current price movement contains clues as to whether new bottoms will occur in the market.
According to the analyst, upward movements can be observed in other subcoins if Bitcoin remains on the support line. However, it is emphasized that investors should be cautious and should evaluate the market together with technical indicators.
In both MNT and Bitcoin analyzes, both past price movements and technical data are prioritized. This approach offers investors the opportunity to evaluate risks as well as potential gains.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
