MNT, AVAX & LINK Lead Gains as Market Cap Nears $5T
As the overall cryptocurrency market cap approaches $5 trillion, three tokens stand out. Mantle (MNT) has gained 68.8% over one month and 56.3% over six months, trading between $0.58 and $0.88 with support at $0.42 and resistance at $1.01. Avalanche (AVAX) rose 9.4% this month and 17.5% in six months, moving within $17.19–$27.59, supported at $11.89 and facing $32.69. Chainlink (LINK) surged 44.3% in 30 days and 70% over six months, trading from $13.02 to $20.55 with key levels at $9.12 and $24.18. Institutional adoption is driving demand. Traders can watch these technical levels for breakout or pullback opportunities as market cap growth continues and institutional adoption accelerates.
Bullish
The report highlights robust monthly and semiannual gains for MNT, AVAX and LINK as total market cap nears a $5 trillion milestone. Rising institutional adoption underpins stronger demand. Technical levels—support and resistance—offer clear trading signals. Historically, similar momentum in major altcoins led to sustained bullish trends. In the short term, breakouts above key levels could spark rapid rallies, while pullbacks may present entry points. Over the long term, continued institutional inflows and growing market cap support bullish fundamentals and pave the way for further upside.