Mana token price predictionthis is my Mana token price prediction i am seller for short but buyer as long term with target $9
Manatoken
MANA formed a big Cypher for upto 200% big moveHi dear friends, hope you are well and welcome to the new update on Decentraland (MANA).
Previously we had a huge trade by MANA token:
Now on the weekly time frame chart, the price action of MANA has formed a big bullish Cypher, at the moment the priceline is moved up after visiting the buying zone, but it is possible that it may give us another chance to catch from the potential reversal zone if BTC takes one more dip.
Per Request: $MANA is Quite Slow MarketMANA is quite overvalued i think. Because it has 2.6+ billions total supply and 1 billion on the circulating, ranked as #80 on the coinmarketcap at the current moment. This token engaging in virtual reality industry. I barely know, this such thing can be so stabled even on the bear market.
And Wow... it listed on many markets more than I expected. 46 markets, huge. Why am I so surprised. Upbit, Bittrex, Binance, Huobi, OKEx and the rest, wow I should've found this from the beginning. It just out of my radar.
Started out from only one hundreds plus before the December 2017, now it's quite "Stable" above thousand sats-ish.
Mana chart is not something that i really love if i'm a swing or day trader, less volatility means less up and down, means less chance to get a huge profit.
If you're a vision investor, MANA could be one of your choice. Support should be around 929 - 839 sats. You can put buy other right there. or 1000 - 1050 sats are also fine. Target? 1760 to get out of my initial capital and let the rest riding.
If all of these ideas I posted helps you just give me thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
