Mixed signals continue to shape the crypto market. The current Mantle (MNT) forecast points to ongoing bullish pressure, supported by a 23% surge in stablecoin market cap and a jump in active addresses. Meanwhile, Pepe (PEPE) price analysis shows signs of a possible rebound after defending key support, though uncertainty still lingers.
Mantle Gains as Stablecoin Market Leaps 23%
Mantle (MNT) trades around $0.87 after climbing 20%, fueled by heavy capital inflows and growing network use. Its stablecoin market cap jumped 23% in one day to $654 million, with USDT making up 66% of holdings. Open Interest in derivatives surged 92% to $46 million, while trading volume hit $139 million, reflecting heightened market participation.
Active addresses have rocketed over 1,600% in a month to approximately 120,000. Mantle also secured a spot in the Strategic Ethereum Reserve, holding 101,867 ETH and strengthening ties with Ethereum’s ecosystem. Key levels to watch include $0.90 resistance and $0.85 support, with a break higher potentially opening the way to $1. Strong fundamentals and adoption growth are keeping bullish traders engaged.
PEPE Defends Key Support as Buy Signal Emerges
Pepe (PEPE) currently trades near $0.00001004, maintaining critical support at $0.00001 despite recent declines. The TD Sequential indicator has issued a buy signal on the daily chart, hinting that selling pressure may be easing. RSI has recovered from oversold levels to around 42, suggesting room for short-term upside.
A move above $0.0000115 could set targets at $0.0000138 and $0.000015. On the downside, slipping below $0.0000095 could lead to deeper losses toward $0.00000880 or lower.
Market watchers are monitoring closely, as price action will depend on whether buying demand supports the technical outlook. Holding above $0.00001 may signal an entry opportunity if momentum shifts upward.
To Sum Up
While Mantle’s forecast looks strong and PEPE’s chart suggests a short-term recovery, both still hinge on broader market trends. Cold Wallet, on the other hand, is already rewarding its community through real, ongoing use, turning transaction costs into cashback.
