Mantle (MNT) Rebounds, Eyes $2 Resistance
Mantle (MNT) price stays above $1.80 after two days of gains. It bounced back from a support level near $1.59. This level matches the center Pivot Point on the chart. However, Mantle faces strong resistance at $2.11, the R1 Pivot Point. The price could form a lower high, like it did on October 12.
Technical indicators show less selling pressure. The Relative Strength Index (RSI) is flat at 50, a neutral level. The Moving Average Convergence Divergence (MACD) is near zero and close to a signal line crossover. This suggests momentum may improve soon.
If Mantle falls below $1.59, it might test the 100-day Exponential Moving Average (EMA) at $1.46.
Zcash (ZEC) Nears $250 Resistance After V-Shaped Recovery
Zcash (ZEC) price rose for three days, showing a strong V-shaped recovery. It trades above $240 and approaches a resistance trendline at $250 on the 4-hour chart. This line connects peaks from October 11 and October 13.
A close above $250 could confirm a breakout and push ZEC toward the R1 Pivot Point at $288. The MACD and signal line are rising near zero, signaling a possible bullish shift. The RSI is 58 and climbing, showing increased buying pressure.
If Zcash reverses, it may test the 50-period and 100-period EMAs on the 4-hour chart at $223 and $200.
Bittensor (TAO) Holds Above $400, Targets $500
Bittensor (TAO) price stays above the $400 level after bouncing from $342 on Friday. TAO trades around $430, down 1% on Monday. If it recovers from this dip, it could extend gains for a fourth day and aim for $500.
Daily chart indicators show steady bullish momentum. The MACD is rising with its signal line, and the RSI has rebounded to 62 from neutral.
If TAO falls below $400, it may test the 200-day EMA at $361.
