Over the course of several weeks now, MANA has lost a lot of its value. However, with the stock markets rallying and Bitcoin appearing strong lately, it might be time for alts like MANA to catch-up.
On the chart, we can clearly define a triangle pattern, of which MANA broke out earlier today.
Assuming that BTC will not give back its gains, I can see a short-term trend change coming to alts and therefore MANA.
Targets in blue placed at recent local tops.