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MANAUSDT

Decentraland MANA showed good growth, but may be a correctionFor more than a year, the value of game tokens has shown perhaps the most painful fall. But with the chiming of the chimes on New Year's Eve, MANA buyers started aggressive purchases, which caused a huge price increase. At the time of writing, the value of MANAUSDT has increased by +166% in 17 days. In parallel, the value of other popular tokens from the gaming industry is also growing aggressively: GALA, SAND, even AXS and SLP (the value of which began to fall even before it became "mainstream" in the crypto market) For most of these coins, we made ideas, if you are interested, then search in our profile. Now the MANAUSD price has entered a strong liquidity zone of $0.70-0.80, which, in our opinion, will not be possible to break up the first time. Therefore, it is worth taking into account the possibility of fixing profits at least on part of long positions, because a rather strong correction to the region of $0.42-0.48 may occur ahead. If the possible price movement is sorted out, then the next question remains a mystery: "What could have revived interest in game tokens so much?" Please write your answers in the comments below the idea _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
35
MANA IS NO 2 FROM A LIST OF 13 CYCLE COINSWe did study the trend and made depending on the cycle calculate the total of the 13 cycle coins. We did a choice of coins that have a high possibility to increase in the coming time. To make a choice like this we did a study from TA until the transaction data of a coin to get the right image of the trend. Mana seems very interesting for the trend, and depending on our study is that Mana has a high chance of breakout out. The breakout point between $0,74 and $0,80, Mana makes a high chance of breakout with a trend above 1 USD. WE know that most of times cycle coins going into unexpected breakouts. Our target for Mana for the coming time is $1.70 Mana has shown interesting patterns, and same time also a whale follows DCA, which makes this coin very interesting for this cycle. In our service district , we did add the rest of the 12 coins see below the update. Share your idea about what you think about Mana. Let's see if this target of $1.70 can become real price action coming time. 🌠And at the same time if this coin can show the effect of a real cycle coin.🌠
Long
by Goldenbreakout
3
It can be supported againMANA has registered more than 17% price growth in the last 24 hours. Resistance in the range of $0.56 to $0.65 was considered for MANA, which was broken by strong candles. If the high price of this area stabilizes, it can be supported again. In this case, the next targets of the buyers will be in the range of 1 to 1.10 dollars. Another point is that the break of the ceiling of the main descending channel was without a pullback, which is a sign of the strong strength of the buyers and the reversal of the trend in the daily timeframe. So if we have a correction, the second support is considered in the $0.50 range.
by MonoCoinSignal
6
To unleash the rising power...Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day. ------------------------------------- (MANABTC 1W chart) In order to release the power of a full-fledged rise, it is necessary to check whether it can rise above 0.0000 3732. ------------------------------------------- (MANAUSDT 1W chart) In order to continue the mid- to long-term upward trend, the key is whether it can rise to the 0.7051-1.0952 range. (1D chart) If possible, the question is whether support above 0.6537 can lead to an upward move above 0.7051. If not, it falls 1st: around 0.58 2nd order: around 0.4970 You need to check if it is supported in the 1st and 2nd sections. If it falls below the 2nd section, there is a possibility that it will turn into a downtrend. when it rises, 1st: around 0.8387 2nd order: around 1.0952 It is necessary to check whether the 1st and 2nd sections are touched. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If this chart is shared, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
The price has hit a key resistance in the $0.577-$0.650 rangeMANA has recorded a growth of over 30% in the last 24 hours. The price has hit a key resistance in the $0.577-$0.650 range, and this strong upside move has pushed the price out of the main bearish channel. There is a possibility of a negative reaction and the formation of a range zone for MANA. The trend change has been observed for some time in the daily timeframe, and pullbacks to support points can bring a positive reaction. The first and closest valid support is considered to be in the range of $0.485-0.458, which, hitting this level if there is a positive reaction, can bring the price back to the previous ceiling in the range of $0.650.
by MonoCoinSignal
5
MANA: Resistance Breakout!Decentraland (MANA) technical analysis: Trade setup : Price bounced off of $0.30 support and broke back above $0.35 resistance, with robust volumes (healthy demand from buyers). Momentum is bullish (MACD, RSI). (set a price alert). MANA and other metaverse projects (ENJ) have failed to sustain growth in their usage after initial burst of activity nearly two years ago. Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.30. The nearest Resistance Zone is $0.35, which it broke, then $0.62.
Long
by altFINS
✴️ Decentraland Hits Bottom, Bullish Cycle To Follow!We have the same situation here as we saw on the MANABTC pair (check 'Related Ideas' below)... The RSI at its lowest level ever, trading volume decreasing to almost zero as new lows continue to be hit... The bear cycle here produced a 95.19% wave, that is minus/negative (-95.19%). If this isn't the bottom we can very easily say that we are very close to it... This is the greatest thing about trading... On the way down you can only lose 100%, maximum.. On the way up you can go to 300, 500, 800% or more. Look at Dogecoin back in 2021, over 5,000% and the downside is always limited, the upside has no limit... Welcome to my world. You can clearly define your risk but there is no limit as to how much you wan win. Ok, this is a long-term chart, we are using the weekly timeframe. Time to grow! Very simple! You can pick your target... My job is to alert you when the trend is about to change so that you can buy early... Once things start moving up you are a winner, regardless if you take out 70% (easy), 200%, 370% or 10,000%... Whatever you do and how you do it is completely up to you. My job is to shake you and tell you... "Wake Up, Things Are About To Get Good!" A massive bullish wave is upon us... It cannot be stopped, the market wants it, the market supports it... The bullish wave is the market. Just as we lose money when the bear market is in full swing, regardless of how hard we try we still see loss after loss... When the cryptocurrency market goes bullish, it will send money to your pockets even against your own will but if you plan now you can maximize your results. Namaste.
Long
by AlanSantana
2
Mana is very technical & BullishHello everyone, As per the simple technique of smart money concept practices, there is a premium and discount zone on every asset while ranging right now mana rebound and printed a inverse head and shoulder along with good market structure to upside, my overall target is 0.5 of this Gan box which can hit and reject hard ! so becareful in your positions and take profit dont be greedy trading is always risky and 90% of the traders lost so only do paper trades and practice makes the men perfect. regards, Hedgers.
Long
by TheHedgerss
A reversal pattern is formingDuring the last weeks, MANA stopped its downward trend at the support area of $0.30, and it is forming a reversal pattern. Confirmation of this pattern requires buyers to push the price back above the $0.35 range. In this situation, the RSI indicator has also formed a positive divergence, so if the RSI returns above the number 44 in the daily time frame, we can expect the formed floor to be a significant support for the trend change. The short-term targets we can consider are $0.35 and $0.42. The second resistance is at the ceiling of the descending channel and can have a strong negative reaction. Therefore, the saving range of profit for buyers will be short-term. For the short term, three bullish candles with larger bodies than shadows can be a sign of buyers gaining strength, which we expect to see a further increase in price this week.
by MonoCoinSignal
10