Manta Network (MANTA) is in the critical zone: Will the rise come?

Manta Network (MANTA) broke through an important resistance point by rising with the positive outlook of the market.

The rise of the leading cryptocurrency Bitcoin (BTC) fueled bullish rumors in the cryptocurrency market. The money entering altcoins and the resulting increases created excitement. With BTC exceeding $50,000, significant resistance breaks were seen in many altcoins. Manta Network (MANTA), which exceeded $ 2.90, which is a critical resistance point, exceeded $ 3.

Manta Network, one of the new players in the cryptocurrency market, has managed to maintain price stability since the launch. Manta Network, which offers a Layer-2 solution and aims to create a modular ecosystem in Web3, attracted the attention of investors. The progress of the project and its new entry into the market affected the price. Although MANTA dropped to 2 dollars during the launch, it reached 3 dollars with the stability it achieved.

## Expectations are high for Manta Network (MANTA)

These days, when modular blockchains and innovative crypto projects come to the fore, Manta Network (MANTA) is also shining. Manta Network came to the fore by achieving total assets locked (TVL) of over $1 billion in a short time. Although there was a decline in the local token of the project, MANTA, under the name of correction, price stability attracted attention.

MANTA became one of the cryptocurrencies that took action after Bitcoin (BTC) remained above 50 thousand dollars. Popular cryptocurrency MANTA has increased by 18 percent in the last 24 hours.

According to CoinGecko data, MANTA's transaction volume in the last 24 hours approached 300 million dollars . The popular cryptocurrency has a market cap of $770 million based on circulating supply.

MANTA can continue its rise if it keeps the attention and remains at the forefront. MANTA managed to break the critical resistance zone at $ 2.90 with the influence of BTC and intensified its rise. The popular cryptocurrency may rise to the $3.15 resistance it previously tested as long as it remains above $2.90. If it exceeds this region, MANTA price may approach the $3.26 resistance in a short time. As long as the modular crypto project stays above $3.26, it could rise to $3.73, which is a resistance point near the ATH (all-time high price level).

On the other hand, MANTA may retreat to the $2.90 support as the selling pressure increases. If it loses this support point, it could test $2.67. Other support points of MANTA will be $2.54 and $2.47.