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Decentraland

Start of uptrend: 0.3439Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (MANAUSDT chart) (1W chart) The key is whether the price can be maintained above 0.3136 and rise above the MS-Signal indicator. Accordingly, 1st: 0.3865-0.4490 2nd: 0.6983-0.8387 It is necessary to check whether it can lead to an increase beyond the first and second sections above. (1D chart) It is expected that a full-fledged upward trend will begin only when it rises above 0.5914-0.7159. If the price stays above 0.3061, it is expected to turn into a short-term uptrend. If it rises above 0.3439, an upward trend is expected to begin. If it falls below 0.2827, it is highly likely that it will lead to a further decline, so you need to think about a response plan. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
3
MANA Looks GOOD ?!!?When taking a look at Decentraland "MANA", it is currently holding a key support level and when price is at support, the most probably outcome is for price action to become bullish and try to go for the next big resistance zone arounf $0.38 then $0.45. if the momentum continues, 100% gain from these levels are probable. This means price needs to reach $0.60 Let me know in the comments below where you think #MANA will go. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Calculate Your Risk/Reward! This is not financial advice. This is for educational purposes only.
Long
by Navitility
MANA/USDT bullish momentum? 👀 🚀 MANA Today Analysis💎 Paradisers, gear up for a fantastic opportunity with MANAUSDT! Currently, it's situated in a demand zone and is setting the stage for a bullish rally👀 💎 MANA is closely following a falling wedge pattern and is on the brink of a breakout. When viewed on a higher time frame, the asset shows significant buying pressure, indicating that short-term bullish moves are likely. 💎 Keep an eye on the pronounced supply zone above; the price is expected to approach this level soon. If you're considering trading Decentraland exercise caution and set a stop-loss at approximately 1.75% of your margin. Keep your charts updated and Stay one step ahead of the market 🌴
Long
by MyCryptoParadise_Simon
MANA Decentraland and the Altcoin Season ThesisIf you haven`t sold MANA here: Then you should know that the recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season. With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space. This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin. The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market. The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins. The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities. Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list. This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including MANA Decentraland, for which my price target is $0.50. Looking forward to read your opinion about it!
Long
by TopgOptions
MANA Decentraland is considered a security by the SECIf you haven`t sold MANA here: Then you should know that recently the U.S. Securities and Exchange Commission (SEC) classified Decentraland (MANA) as a security. This means that MANA, the native cryptocurrency of the Decentraland virtual reality platform, is now subject to securities regulations and requirements imposed by the SEC. The decision to categorize MANA as a security by the SEC signifies that it is considered an investment contract, representing ownership or participation in a particular project or platform. As a result, Decentraland and MANA will be subject to compliance with applicable securities laws, including registration, reporting, and other regulatory obligations. This classification by the SEC highlights the increasing scrutiny and regulation of cryptocurrencies, particularly those involved in projects that resemble traditional securities offerings. My short term price target is $0.35. Looking forward to read your opinion about it.
Short
by TopgOptions
✴️ Decentraland 1,2,3,4 Steps Pattern After Perfect Zig-ZagI've always loved to do things early, work early, wake up early, meditate early, open up my Crypto trades early; buying early... It has its advantages and pitfalls. One of the advantages is that you get bigger, better, higher earnings potential, the initial move is always fast and strong. One of the pitfalls is that you are less certain as the confirmation is yet to come. For Decentraland, MANAUSD, the bias is bullish based on the move that started in January 2023. This move (#1) is the initial bullish breakout and sets the tone of what is happening. What follows is a correction and in this case we have a perfect zig-zag, low (#2) followed by a lower low (#3), with prices bouncing perfectly so far off the 0.786 fib. retracement level. Now, that's one of the cons of being early, it can go lower before reversing but the reversal is sure to come and that's #4, the new bullish wave that is about to develop all across in the days, weeks and months to come. That's the 1,2,3,4 Steps Pattern for you. Thanks a lot for your continued support. I miss you! Namaste.
CRYPTO:MANAUSDLong
by AlanSantana
MANA - Time For Lift Off!In our last analysis for MANA, we identified that we were in subwave 2 of wave 5. We are now at the extremes of the subwave 2 as we're touching the ascending trendline which we anticipate to be respected. Our hard stops will remain below invalidation level but we can capitalise on a risk entry now. For a safe entry, we can watch for the red trendline to break, which will still be relatively early in the move. Trade Idea: - For a risk entry, enter now with stops below the wedge OR safer stops below invalidation level - For a safe entry, enter on break of red trendline - Targets: 6, 15, 40 Goodluck and as always, trade safe!
BINANCE:MANAUSD
by WicktatorFX
4
Last call for $MANABINANCE:MANAUSDT.P lost it all. Even though trading at the bottom of the AltCoin KillZone ... ...there is some last major support right below. Losing that + start trading below (e.g. 1-2 weekly closes below), I am not too convinced it will make a new ATH in the next season. Being aware that this is closer to a gamble rather a well defined trade, I am willing to put some "gambling money" into SPOT +already started scaling into a trade since losing $0.45. Unless CRYPTOCAP:BTC is losing it completely, this has potential to become a MultiYear Swing from here. Invalidation is close and R2R decent. #DYOR #NFA
Long
by nl8
Price Analysis and Market Outlook for MANAMANA has exhibited a consistent downward trend over the past month. Following a negative response to the resistance level at $0.69, the currency's price breached the upward trend line and retraced back to established support levels. A range of support has been identified around the price point of $0.44, which aligns closely with the 0.618 Fibonacci retracement level. However, considering the previous analysis which identified support within the $0.40-$0.43 range, there remains a possibility that the price may reach this level and elicit a stronger reaction than the current one. Nevertheless, should the price rebound from this range, there are indications suggesting the correction may be nearing its conclusion, especially if a significant breakthrough of the $0.50 resistance level occurs. Additionally, considering the timeframe, the price is currently within the expected range for the completion of the correction wave. Consequently, if a robust recovery materializes above the aforementioned threshold, it is likely that the price will experience growth in the ensuing days.
by MonoCoinSignal
1
Decentraland MANA price can be one of 1st to start a rising waveToday we will talk about the prospects for the price of the Decentraland token - MANA But first, please like our previous idea MANAUSDT, which has perfectly worked out the sales area and recently the purchase area for 4 months. It looks like the MANAUSD price has completed its correctional wave (2) and is now trying to start a growth wave (3). Wave (3) is considered to be the longest, and given that there are many liquidity zones above, the path of growth will not be easy. However, we have schematically depicted on the chart how the growth and correction waves can look like. The intermediate targets for MANA's price growth are $0.90 and $1.85. The final selling zone for MANAUSDT, which is now visible in the probable wave (3), may be in the area of $2.25-2.50. What do you think, will such a positive scenario work out given the current pessimistic sentiment in the cryptocurrency market?) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
33
MANAUSD Cycle may need to make one last low before rallyingDecentraland (MANAUSD) has been unable to break above the 1W MA50 (blue trend-line) despite January's rise (led at large by Bitcoin). This draws heavy comparisons with the previous Cycle, which on March and June 2019 failed also to break above the 1W MA50 despite a March rally and instead dropped to the 1.236 Fibonacci extension, which was a Lower Low for the Bear Cycle and the final bottom. The 1W RSI pattern confirms those similarities and even though MANA doesn't have to decline as low as the 1.236 Fib again (which is at 0.1420), we have to consider the high probability that the bottom is not in. Of course breaking and closing above the 1W MA50 invalidates that and sets the market on a Bull Cycle track. Technically the closing above the 1W MA100 (green trend-line) kick starts the parabolic part of the Bull Cycle. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:MANAUSD
by TradingShot
2
🚀 MANA TRIANGLE BREAKOUT INCOMING? KEY LEVEL AT $0.48! 📈 🔥Hi, friends! Mana is consolidating inside a huge triangle since mid-January. I think it's time for this altcoin to show all its strength. The most important key level is at $0.48. The false breakout of it will be a huge trigger for MANA growth. 📊 TRADING PLAN FOR MANA: 1. false breakout of the key level $0.48 2. volume growth 3. bullish BTC is a must-have for altcoins growth ✅ MY TARGETS FOR MANA: 🔥 $0.58-0.62 - the value area 🔥 $0.7 - the key level 🔥 $0.85 - the local high 💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
5
Decentraland: Crab 🦀Like a crab, Decentraland is predominantly moving sidewards just above the support at $0.48. Nevertheless, we expect our crypto friend to develop more upwards momentum soon so that it will be able to expand wave iii in magenta above the resistance at $0.84. However, there is a 35% chance that Decentraland could slip below the support at $0.48, thus digging itself into the magenta-colored zone between $0.49 and $0.40 to place a new low in the form of wave alt.ii in magenta first before turning upwards again.
BINANCE:MANAUSD
by MarketIntel
✴️ Decentraland Hits Bottom? -95% From All-Time HighIt is possible that MANAUSDT (Decentraland) hit bottom after dropping 95% in value from its All-Time High. The weekly RSI is at its lowest level ever and continues moving lower. The current price hit its lowest level since February 2021. Altcoins tend to correct between and 90-98% in bear markets so this one is very likely done. We are seeing altcoin after altcoin hit bottom... Once we hit bottom, the only place left to go is up. Get ready. Prepare... The next altcoins bull market is going to last a long while and it will be the strongest we've seen so far. Namaste.
Long
by AlanSantana
5
MANA: Channel Down BreakoutDecentraland (MANA) technical analysis: Trade setup : Price broke out of trading in a Channel Down pattern, which it was consolidating in after substantial gains earlier this year. This bullish breakout from Channel Down and above $0.60 key level and 200-day moving average, could indicate Uptrend resumption with near term potential upside to $0.75. Pattern : Price was trading in a Channel Down pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.60, then $0.42. The nearest Resistance Zone is $0.75, then $1.00.
Long
by altFINS