Manta – Manta Network Daily Analysis

March 8, 2025 Manta – Manta Network Daily Analysis Manta – Manta Network Daily Analysis

March 8, 2025 MANTA/USDT Manta - Manta Network Daily Analysis
Manta – Manta Network Daily Analysis

Outlook

MANTA current price is 0.283 USDT and the current market cap is 8.181.188 USDT. This chart period started 210 days ago (11 August 2024) with a total of 106 days closing above the opening price and 103 days closing below the opening price. The lowest price was 0.275 USDT on 07 March 2025, and the highest price was 1.35 USDT on 06 December 2024. The current price is 2.91% above the lowest price and 79.02% below the highest price.

Moving Average

Moving Averages (Closing Prices):5-Day Moving Average: 0.297222-Day Moving Average: 0.359545454550-Day Moving Average: 0.45706100-Day Moving Average: 0.7138250-Day Moving Average: 0.758464

Moving Average Analysis

The current price is %4.78 lower than the 5-Day moving average and has been below it for 3 days.The current price is %21.29 lower than the 22-Day moving average and has been below it for 6 days.The current price is %38.08 lower than the 50-Day moving average and has been below it for 33 days.The current price is %60.35 lower than the 100-Day moving average and has been below it for 49 days.The current price is %62.69 lower than the 250-Day moving average and has been below it for 50 days.

Trends

The longest uptrend in the 210 day period is 8 days. It started at 0.684 USDT on 16 August 2024 and ended by increasing by 21.93% to 0.834 USDT on 24 August 2024.The longest downtrend is 8 days. It started at 0.834 USDT on 24 August 2024 and ended by decreasing -26.98% to 0.609 USDT on 01 September 2024.

Support & Resistance

This review was made for the last 7 daysLast 7 days support levels: Support: 0.319 USDT on 03-03-2025 Support: 0.283 USDT on 04-03-2025 Support: 0.291 USDT on 06-03-2025 Support: 0.275 USDT on 07-03-2025Last 7 days resistance levels: No resistances found.No support or resistance levels found.

Volume

Fetched 416 data points, less than 500 days of data. Adjusting limit.The previous trading day’s volume (07-03-2025) 35,339,266.20 USDT. Highest volume in the last 210 days is 88,427,434.40 USDT on 03-02-2025. Lowest volume in the last 210 days is 2,788,251.70 USDT on 08-03-2025. Difference between highest and lowest volume is 3071.43%.

Volume Moving Averages

( Excluding Today)
5-day Moving Average Volume: 36,445,861.10 USDT22-day Moving Average Volume: 25,897,019.53 USDT50-day Moving Average Volume: 26,502,546.70 USDT100-day Moving Average Volume: 22,268,733.55 USDT250-day Moving Average Volume: 17,039,689.05 USDT

Volume Moving Averages Comparison

Volume of the previous trading day: 35,339,266.20 USDT
Previous day’s volume is 3.04% lower than the 5-day moving average.Previous day’s volume is 36.46% higher than the 22-day moving average.Previous day’s volume is 33.34% higher than the 50-day moving average.Previous day’s volume is 58.69% higher than the 100-day moving average.Previous day’s volume is 107.39% higher than the 250-day moving average.

Percentage Differences Between Moving Averages:

5-day moving average is 40.73% higher than the 22-day moving average.22-day moving average is -2.28% lower than the 50-day moving average.50-day moving average is 19.01% higher than the 100-day moving average.100-day moving average is 30.69% higher than the 250-day moving average.

Volume Trend

The longest consecutive volume increase started on 21-09-2024 with a volume of 10,649,745.00 USDT and ended on 26-09-2024 with a volume of 17,205,505.40 USDT, lasting for 5 days and representing a 61.56% increase.The longest consecutive volume decrease started on 01-10-2024 with a volume of 29,393,650.70 USDT and ended on 06-10-2024 with a volume of 9,512,917.70 USDT, lasting for 5 days and representing a 67.64% decrease.

Price Volume Coorelation

During the longest volume increasing period price increase from 0.81 USDT to 0.925 USDT, which represents a 14.20% change.During the longest volume decreasing period price increase from 0.731 USDT to 0.751 USDT, which represents a 2.74% change.

Strategy

Under sales pressure, we should observe where the decline will end and then reassess. Currently, we do not recommend opening a ‘long’ position.
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.

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