Coat price shatters key resistance with a daily surge of 10%: can MNT target $1.50 next?

Coat price shatters key resistance with a daily surge of 10%: can MNT target $1.50 next?

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The price of Mantle (MNT) surged by 10% in recent trading, reaching a peak of $1.27 as bullish sentiment surged again after crossing the $1.20 mark. While bulls are now eyeing the $2.00 target, some selling pressure may still arise in the market.

Mantle Price Rises Amid Positive Market Sentiment

Mantle’s price has gained momentum in recent sessions, as bullish traders took advantage of a renewed positive market sentiment. With Bitcoin holding steady above $90,000, dynamic traders played a crucial role in pushing several altcoins higher.

As of December 12, 2025, Ethereum was priced above $3,200. During this time, MNT managed to record an increase of over 10%, decisively overcoming the resistance level at $1.20.

Initially, bearish sentiment had stifled Mantle’s progress for much of the previous fortnight. The recent intraday rally peaked at $1.27 before stabilizing around current levels, coinciding with a marked increase in daily trading volume.

Data from CoinMarketCap reveals that trading volume surged to $170 million, reflecting a 5% increase in the last 24 hours. This surge is part of a broader recovery in the cryptocurrency market, especially among Ethereum-based assets.

The positive momentum is attributed to new institutional investments and growing anticipation surrounding exchange-traded funds (ETFs) and clearer regulatory frameworks. Mantle’s total value locked (TVL) rose from $385 million to over $430 million, bolstered by a strategic partnership with Bybit.

On December 10, 2025, Bybit and Mantle announced a collaboration with Almanak, a trading platform enhanced by AI. This alliance will deploy the Almanak token on the Mantle network, featuring a dedicated liquidity pool and seamless integration of its no-code AI strategy engine.

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Price Forecast for Mantle

Despite market volatility, Mantle’s price trajectory appears set for continued growth. The blockchain platform boasts a modular architecture that integrates optimistic rollups with innovative data availability solutions. Additionally, decentralized finance (DeFi), real-world assets (RWA), and cryptocurrency ETFs are expected to bolster the bullish position.

After testing the $1.27 threshold, the next target for bulls could be a resistance level near $1.50, with a potential breakout aiming for $2.00.

This perspective will strengthen if Bitcoin experiences a renewed upward surge, positively affecting other altcoins.

Mantle Price Chart
Mantle Price Chart from CoinMarketCap

However, volatility remains a concern, as a broader market correction—driven by macroeconomic and geopolitical headwinds—could still empower bearish forces. Should MNT fail to hold or stabilize above $1.20, a short-term downturn could see prices dipping to $0.90.

Aside from market conditions, bullish traders will monitor key milestones in the network and partnership developments. Mantle’s price reached an all-time high of $2.85 in October 2025.

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