Decentraland Jumps 15% In 3 Days – Who’s Buying MANA?

2022-7-24 14:17

With the recent gains of Decentraland (MANA), crypto aficionados are expected to buy. MANA has sustained its bullish streak despite minimal decline seen in the past trading session. The coin opened at a lower price but quickly maneuvered and retraced after retesting at $1.02.

Consequently, a breach above $1.0 is set to generate massive gains. Looking at the daily chart, MANA price has skyrocketed with an increase of 2.20% in the past 24 hours, and has been up 15% in the last three days. The price action shows how MANA is holding it strongly at the $0.99 mark.

Suggested Reading | Solana (SOL) To Hit $166 By 2025, Despite Current Bearish Conditions

Decentraland (MANA) Consistently Bullish

Seeing the Inverted Head and Shoulder formation shows a bullish trend predictive of a breach on the higher zone. Further, MANA’s price is consistently trading above the 50-day EMA as seen in the past few days which confirms a potential breakout. MANA buyers are looking at the $1.12 mark which may be followed through at $1.30.

While MANA moves into an asymmetrical triangle pattern, it’s shaping up to form a double top. With the price having retraced from that point and could now test at $0.92. Additionally, the price also gave way to a bearish Bat pattern which rarely happens.

MANA is definitely shooting for an upward trend on the higher timeframe but a correction moving near $0.90 is possible with a lower time frame. So, once the price breaches $1.0,  it signals a great buying opportunity.

Suggested Reading | Cardano (ADA), After 35% Spike, Locks On Next Target: $0.55

Despite the rapid price fluctuations of Decentraland (MANA), analysts have always been bullish on the token. Being a metaverse token, MANA has strengthened in price since last year with the launch of Meta (formerly Facebook).

In a world that is said to be owned by users or the metaverse, MANA has proven time and again that as a frontrunner in crypto gaming, it can be the king of the metaverse or of the 3D virtual world.

MANA total market cap at $1.84 billion on the weekend chart | Source: TradingView.com Decentraland’s Strong Metaverse Presence

Decentraland is known as the first-of-its-kind virtual world that is wholly owned and created by users. Decentraland also has its own NFT marketplace. Users can freely explore and trade inside the ever-evolving metaverse. They can buy and sell plots of land and even pets like cats with the MANA.

More so, Decentraland has a DAO pretty much like RoboApe. With that being said, MANA hodlers have the say and can vote about changes they want in the Decentraland. The meme token culture is continuously shaped and modified in a safe metaverse.

To date, the Decentraland marketplace has a total of 160,000 sales plus a trading volume that peaks at as much as $348.84 million.

Featured image from VOI, chart from TradingView.com

Similar to Notcoin - Blum - Airdrops In 2024

origin »

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 $ 0.9794 (-100%)

mana decentraland opened session coin past minimal

mana decentraland → Результатов: 126


ChainLink, Livepeer, Filecoin «выстрелили» после запуска траста Grayscale

Компания Grayscale, под управлением которой находятся цифровые активы на сумму до $43,6 млрд, запустила новые трасты. У институциональных инвесторов появилась возможность направить средства в продукты, ориентированные на ChaniLink (LINK), Basic Attention Token (BAT), Decentraland (MANA), Filecoin (FIL) и Livepeer (LPT).

2021-3-18 17:32


Альткоин ChainLink «выстрелил» после запуска траста Grayscale

Компания Grayscale, под управлением которой находятся цифровые активы на сумму до $43,6 млрд, запустила новые трасты. У институциональных инвесторов появилась возможность направить средства в продукты, ориентированные на ChaniLink (LINK), Basic Attention Token (BAT), Decentraland (MANA), Filecoin (FIL) и Livepeer (LPT).

2021-3-18 17:20


Фото:

Крупнейший криптовалютный фонд запускает пять трастов

Grayscale предложит клиентам инвестировать в альткоины. Крупнейший криптовалютный фонд, американский Grayscale, который известен своими значительными инвестициями в биткоины, намерен открыть пять трастов, ориентированных на пять альткоинов: Chainlink (LINK), Livepeer, Filecoin (FIL), Basic Attention Token (BAT) и Decentraland (MANA).

2021-3-18 11:46


The Magnificent Seven: CHZ, ENJ, TFUEL, MANA, THETA, XEM, BAT – Biggest Gainers of the Past Week

The biggest altcoin gainers are: Chiliz (CHZ) – 146% Enjin Coin (ENJ) – 106% Theta Fuel (TFUEL) – 92% Decentraland (MANA) 57.3% THETA (THETA) – 48% NEM (XEM) – 45% Basic Attention Token (BAT) – 43% Chiliz (CHZ) CHZ was the biggest gainer from last week, increasing by a massive 377% over the past nine … Continued The post The Magnificent Seven: CHZ, ENJ, TFUEL, MANA, THETA, XEM, BAT – Biggest Gainers of the Past Week appeared first on BeInCrypto.

2021-3-5 15:37


Decentraland (MANA) ввела настраиваемые аватары

Первая платформа виртуальной реальности, принадлежащая своим пользователям, Decentraland (MANA) объявила, что в Genesis City появятся настраиваемые аватары. We’re excited to introduce Avatars for Decentraland! Express your virtual self and explore the metaverse in style with a truly one-of-a-kind avatar.

2019-4-25 11:19


Decentraland интегрируют в блокчейн-смартфон HTC, цена MANA растет

Не успел стартап Decentraland сообщить о начале сотрудничества с производителем смартфонов HTC из Тайваня, как цена собственного токена блокчейн-проекта подскочила на 50%. По сообщению руководства компании, Decentraland и команда Exodus трудится над интеграцией экосистемы стартапа в смартфон EXODUS 1.

2019-2-28 19:33