Manta Network (MANTA)

Manta Network is the modular blockchain for zero-knowledge (ZK) applications. Manta Pacific is the modular L2 ecosystem for EVM-native ZK applications and dApps that want to deliver the lowest cost and best experience for users. Leveraging Manta’s Universal Circuits to enable ZK-as-a-Service and Celestia’s data availability for modularity to deliver low gas fees, Manta Pacific offers the perfect environment for ZK-enabled applications.Manta Network was created by a team of experienced founders from prestigious institutions, including Harvard, MIT, and Algorand. Manta Network has received investments from many of the top web3 investment funds, including Binance Labs and Polychain Capital. It has grown through participation in the best web3 accelerators, including Alliance DAO and Berkeley Blockchain Xcelerator.

1. MANTA Basic Info

2. MANTA Technical Info

2.1 MANTA Kline Chart Price

2.2 MANTA Technical Analysis

The short-term trend is bearish. Expect continued downward pressure with potential for further declines. The price is likely to test support levels near 0.27.

In the medium-term, the market might experience consolidation. A period of sideways movement or a potential minor rebound could occur before the next significant move. The possibility of a breakout is present, but it is uncertain which direction the price will go.

In the long-term, the overall sentiment appears neutral. While recent price action indicates bearishness, the data does not provide enough information to suggest sustained long-term trends. Further analysis, incorporating additional market data, is required.