MANA Bulls May Outsmart The Bears If They Stick To These Support Lines
Decentraland (MANA) may appear bullish as seen in the past couple of days due to buyers keeping the prices up hovering above 200 DMA as observed on the hourly chart. Regardless, the token still trades the sideways horizontal range with $0.75 for support and $1.0 resistance. With the escalation seen on the hourly chart, trading volume has also spiked by 290% in the past couple of hours. Buyers saw a decline in MANA in triggered by the sell-off as it saw a decline to a 90-day low of $0.772 last May of 2022. Despite the aggregation seen on the sideways range in the past few days, speculators....
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This week, MANA showcased a slew of 2.5% gains. EMAs are also moving above Decentraland’s token’s price. MANA price tallies 2.5% gains MACD looks flat and not showing any bullish sign Decentraland market cap at $1.29 billion At this point, MANA’s price is close to its lowest for 2022. The bears are eyeing a new low for the year while also trying to get on top of the costs below the range of $1.0. Sometime in August, MANA’s price plunged which negatively impacted buyer expectations especially as the coin is still getting massive rejections resulting from the trend....
Decentraland (MANA) price has been steady in the range of $0.75 to $1.05 as it hovers with intensified upward movement. MANA price on the daily chart is trying to hold the consolidation of the upper trendline from the lows seen on 2021 Decentraland price has managed to hover above 20 EMA and 50 EMA and warming up for the 100 and 200 DMA MANA price has spiked by 0.13% and currently trading at $1.05 Decentraland (MANA) has been sitting within the same region since June 2022. While MANA is looking for ways to escape the consolidation phase, the bulls are unable to maximize their gains. On the....
BTC appears to be in the early stage of a recovery this week, and ADA, XLM, XMR and MANA could follow. The bears are trying to extend Bitcoin’s (BTC) record of nine consecutive red weekly candles to ten weeks, but the bulls are trying to avert this negative occurrence. Although sentiment remains negative, Arthur Hayes, former CEO of derivatives giant BitMEX, anticipates Bitcoin to bottom out in the range of $25,000 to $27,000.On-chain data from Glassnode shows that smart money may have started accumulating Bitcoin. The net outflows from major cryptocurrency exchanges reached 23,286 Bitcoin....
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. Related Reading: Shiba Inu (SHIB) Buildup At This Price....