Mantle Price Recovery Sparks Debate Over Downtrend

The price of Mantle (MNT) has been on a wild ride over the past year, plummeting to as low as $0.3921 in August before recovering to its current value of $0.5659.

Despite this recent gain, the token is still down 79% from its high of $2.6896 set in October 2025. However, it's worth noting that Mantle has reclaimed its 50-day moving average and is currently sitting between $0.55 and $0.58.

Analysts are split on whether the downtrend is broken or only interrupted. While some see a potential trend change, others argue that the price remains below the 200-day line at $0.6416, indicating that the long-term trend is still intact.