The Graph (GRT) data indicates that it has experienced a decline from its upper levels on the weekly time frame, leading to a negative overall sentiment on its future. Yet, Mantle (MNT) is no different, as despite showcasing a sharp rise earlier in the month, its price recently corrected and retraced to the red zone.
Most traders looking to diversify their holdings and recoup some of the losses experienced due to this are now putting their attention towards the Meme Moguls (MGLS) presale, which is projected to reach significant gains during the upcoming months. Join us as we take a deeper dive into the price performance of each cryptocurrency to see just how far they can rise.
What you'll learn 👉
The Graph (GRT) Finds Support at $0.14 – Is Growth Above $0.2 Possible?
The Graph (GRT) on-chart data showcases a decline from the higher level, and as a result, the future of this crypto is currently uncertain. The Graph crypto will need to gain far more attention from buyers in order to reach substantial gains during the upcoming trading sessions.
During the previous week, The Graph price did not manage to break above the 20-day and 50-day DMA. However, it did move from $0.13 to $0.17 before finding support at $0.14. According to The Graph price prediction, by the end of 2024, it can reach $0.2772.
Mantle (MNT) in the Neutral Zone – Price to Reach Above $1
Mantle (MNT) has seen a significant decline on the weekly chart, and it’s clear that the buyer strength isn’t here to help it maintain its value. Its RSI remained in the neutral zone, indicating that the current future outlook for the Mantle price is uncertain. The MACD indicator did, however, showcase a bullish crossover, indicating the bull solidity.
On the weekly chart, the Mantle crypto moved below the 52-week high mark. Based on the on-chart data, the crypto moved from $0.59 to $0.73 before finding support at $0.60, eliminating many of the gains made throughout this time frame. Yet, the overall sentiment is bullish, as according to the Mantle price prediction, it can end 2024 at $1.13.
Meme Moguls (MGLS) Will Reach a New All-Time High in 2024 Following Its Presale
Meme Moguls (MGLS) is an upcoming platform that will feature P2E elements through which players can learn how to invest and build wealth. The project is currently undergoing its blockchain ICO phase and has seen massive momentum. The ecosystem will boast various features through which players can earn. For example, through staking the crypto, they can access passive income opportunities.
Alongside all of this, players can compete with their friends and climb up the leaderboards. Each player begins with $100,000 in virtual currency. They can then use this balance to create a portfolio. Anyone can only use up to 20% on a single trade to better simulate real-world investments. These simulated profits can then be turned into returns that will get cashed out.
Every player can then access Moguls World, a dedicated Metaverse in which they mine tokens, connect, and join liquidity pools. Now, the project is at Stage 5 of its presale, where a single MGLS token trades for $0.0036. At launch, analysts anticipate a climb of 100x, making it the most exciting DeFi project for 2024.
Summary
The Graph is currently trying to recover after a prolonged bearish trend, and Mantle is on its road to recovery. Yet, it will take some time for these cryptocurrencies to provide ROI. In the meantime, the blockchain ICO for Meme Moguls has seen massive attention and, at this rate, has the potential to reach an even broader investor base. So far, nearly $2 million has been raised, and it’s clear that it’s shaping up to become one of the biggest projects of the year.
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