MANAUSDT
Decentraland MANA/USDT rally after Facebook rebrands to MetaOpened to the public in January 2020, Decentraland is an Ethereum-based virtual world, or metaverse, that is owned by its users and governed through a decentralized autonomous organization (DAO).
Decentraland uses two tokens: MANA and LAND. MANA is an ERC-20 token that must be burned to acquire non-fungible ERC-721 LAND tokens. MANA tokens can also be used to pay for a range of avatars, wearables, names, and more on the Decentraland marketplace.
BINANCE:MANAUSDT
Resistance Zone / Sell Zone
R1: 6.171
R2: 7.271
R3: 8.695
R4: 9.180
Support Zone / Buy Zone
S1: 2.613
S2: 2.006
S3: 1.607
Cheers,
MRHPx/CRACKadabra
Support in Fib 0.382 ~ 0.5 ( MANA 1h )(( please read the description ))
MANA coin are now supported at Fib 0.382 ~ 0.5 after a stormy uptrend.
The first Target is to defeat the resistance, Profit can also be in resistance.
tip :
* MACD (Shows a downward trend )
* The trading is above the MA 50 (blue line), one should hope for an uptrend and test the resistance Zone
I tried to identify the points of support and resistance for you, Trade smartly, Good luck.
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* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
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For stress-free trading, see BTC price trend, BTC is effective in all trades
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💥MANA - TO FALL BY 18% OR 33% TO $1.11 OR $0.91Please support this idea with a LIKE👍 if you find it useful🥳
We saw a trendline and a falling wedge breakout which gave this coin a 100% rise happened on this coin in the last 72 hours. Price rose from $0.75 - $1.50.
Therefore I believe it's time for the coin to rest before another upmove.
Therefore I expect a fall by 18% or 33% to $1.11 or $0.91.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
Mana Hit New AllTime HighBig news from Facebook rebranded their company become Meta cause a big pump for mana, up 28.85% today. So far so bullish, mana even break the fibb extension 1.618 at $ 1.5582. It seems like it doestn wants to go down but stay safe and place a bid at the previous ATH $1.670 if it hold but if it doesnt it could go lower to $1.0996. Good Luck. #DYOR #NFA
The Facebook Effect MANAUSDMaybe I am correlating two unrelated things, but
Facebooks recent announcement about pursuing the metaverse future gives a project like Decentraland a lot of exposure
Regardless,
The TA on this timeframe (1Hr) shows an inverted ascending scallop, these breakout to the upside after reaching a certain point of stability