Is Mantle (MNT) Ready for a Surge? This Important Pattern Indicates It Might Be!

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Nov 02 2025

BTC+2.41%

ETH+0.652%

MNT-0.70000005%

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Market Overview: The cryptocurrency market is experiencing positive momentum in November, with Bitcoin (BTC) and Ethereum (ETH) trading up, and altcoins like Mantle (MNT) showing early signs of strength.
Technical Analysis of MNT: MNT is forming a descending broadening wedge pattern on the 2-hour chart, indicating a potential bullish reversal if it breaks above the upper boundary, currently trading around $1.4580.
Potential Price Movements: A successful breakout above the upper wedge trendline could target $1.8805, representing a 29% increase, while failure to break through may lead to consolidation with $1.41 as a key support level.
Market Sentiment: The overall technical structure for MNT remains positive, and if the broader crypto market continues its bullish trend, MNT could lead the next wave of upward movement in November.

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Technical Analysis for BTC

Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Bitcoin (BTC) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	36466.231	48233.115	61201.981	72968.865	85937.731	97704.615	110673.481
Fibonacci	48233.115	57682.172	63519.809	72968.865	82417.922	88255.559	97704.615

About BTC

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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