Decentraland Consolidates Near $1.05 – Can MANA Attract Buyers Now?

2022-8-13 17:50

Decentraland (MANA) shows an uptick after it has successfully breached a critical supply level adjacent to $0.9405.

Decentraland (MANA) on an uptrend following breach on critical supply mark near $0.9405. MANA price remains bullish with a daily candlestick hovering above $1.0605 hinting further gains. MANA price plunged for the second straight session spotted on Saturday.

Current price analysis also shows a prolonged consolidation as a couple of candlesticks would need to close higher than its current level in order to sprint further.

MANA Trades At $1.07

According to CoinMarketCap, MANA/USD trades at $1.07 or up by 2.43% as of press time. The 24-hour trading volume improved a bit compared to a couple of hours ago and is currently riding at $148,165,816 or down by 13.47%.

MANA price was down by 28% a couple of hours ago so this is definitely a huge improvement so far. A downtrend in price with a reduction in trading volume would usually hint a downside trend but so far the numbers are definitely improving by the hour.

Judging by the daily chart, MANA price certainly looks bullish with established higher highs as well as higher lows. Interestingly, the MANA bulls are trying to shift the support into a resistance zone. More so, MANA price was able to break the important 50-day EMA seen at $0.947.

Buying Pressure Can Trigger Uptick In MANA Prices

It’s wise to note that Decentraland has been trading below the EMA since April. The chart also shows a Doji candlestick pattern indicating some form of indecisiveness or apprehension from investors. But, a reinvigorated buying pressure can surely trigger the prices to go higher.

More so, a daily candlestick spotted well above the session’s high leaves a flicker of hope for the bulls. With that said, the bulls will definitely shoot next for the $1.20 level.

Generally, the total volume levels would usually go down following a price consolidation. More so, the volume may also pick up close to the highs as seen in the charts. Following the third session high, volume expansion becomes apparent after the downtrend. More so, the breach in the support will strengthen the validity of the pattern.

Trading volumes for MANA is observed to be trading below its average numbers for the past few weeks; plus the price trading shooting for a slight uptrend. Now, if MANA price fails to close above the $1.05 mark in the next sessions, MANA might possibly slip into a downtrend.

MANA total market cap at $1.98 billion on the daily chart | Source: TradingView.com Featured image from Medium, Chart from TradingView.com

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Decentraland (MANA) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.5768
Капитализация $0 Rank 99999
Цена в час новости $ 1.0746 (-100%)

decentraland mana supply critical near level breach

Источник: newsbtc.com

decentraland mana → Результатов: 126


Цена токена Decentraland подскочила более чем на 50% за сутки

MANA, токен виртуальной вселенной Decentraland, за последние 24 часа демонстрирует оптимистичный рост. По данным CoinGecko, в настоящее время цена Decentraland (MANA) составляет $ 1,25, при этом рост за последние 24 часа достиг 52%.

2021-10-30 19:50


Decentraland и Binance проведут конкурс с призовым фондом 1,8 млн MANA

С 4 по 11 декабря ведущая криптовалютная биржа Binance в сотрудничестве с виртуальным миром Decentraland проведет конкурс по торгам MANA, в рамках которого трейдеры разделят призовой фонд в 1 875 000 MANA.

2018-12-4 18:30


Барри Силберт рассказал, чем он пополнил свой криптопортфель

CEO Digital Currency Group и ранний биткоин-инвестор Барри Силберт не упустил возможности прикупить на падающем рынке несколько криптовалют. Как написал Силберт в воскресенье вечером в Twitter, он пополнил свой портфель Ethereum Classic (ETC), Zcash (ZEC), Decentraland (MANA) и Horizen (ZEN).

2018-11-26 12:41


Барри Силберт назвал четыре альткоина, которые купил на падающем рынке

CEO Digital Currency Group и ранний биткоин-инвестор Барри Силберт не упустил возможности прикупить на падающем рынке несколько криптовалют. Как написал Силберт в воскресенье вечером в Twitter, он пополнил свой портфель Ethereum Classic (ETC), Zcash (ZEC), Decentraland (MANA) и Horizen (ZEN).

2018-11-26 12:06


Фото:

Участок виртуальной земли продали за рекордные $215 000

Рекордная для проекта Decentraland сделка по продаже участка виртуальной земли обошлась неизвестному пользователю в 2,7 млн токенов MANA (около $215 000).

2018-11-9 14:35


Неизвестный покупатель отдал $215 000 за участок виртуальной земли в проекте Decentraland

Рекордная для проекта Decentraland сделка по продаже участка виртуальной земли обошлась неизвестному пользователю в 2,7 млн токенов MANA (около $215 000). New record folks!$215,200 for a 126 piece virtual land in #decentraland(Not mine)Just a matter of time till we see a $1Million sale.

2018-11-8 14:19


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