BUY: -
SELL: -
STOP-LOSS: -
Support: -
Resistance: -
Decentraland creates a VR platform where users will become the main owners, creators, and players. This is the world of Second Life, which will be decentralized and owned by users. The project aims to solve the problems of centralization of platforms that host gaming and other applications. Different companies require high fees for entering the market, they also have strict policies that prevent many applications from entering the market. Decentraland wants to change this situation and gather everyone in its virtual world.
From mid-August, the token price is in a narrow trend, with a difference in peak rates of about 20%. In the middle of September, the minimum of this year was formed, at the level of 0.00000814. The asset reacts poorly to bitcoin movements and characterized by a slow price change.
Pay attention to the zone 0,00001100 - it is necessary to monitor the behavior of prices in this area, because the asset may not have time to react to the market movement and go up from there. It is not profitable to open positions at a price higher than 0.00001100, because the chart does not show prospects for serious growth.
Volatility during the day is within 3-6%, liquidity is low with non-stable volumes. Therefore, the asset is not well suited for intraday trading, although it has a serious ambitious goal.
SELL: -
STOP-LOSS: -
Support: -
Resistance: -
Decentraland creates a VR platform where users will become the main owners, creators, and players. This is the world of Second Life, which will be decentralized and owned by users. The project aims to solve the problems of centralization of platforms that host gaming and other applications. Different companies require high fees for entering the market, they also have strict policies that prevent many applications from entering the market. Decentraland wants to change this situation and gather everyone in its virtual world.
From mid-August, the token price is in a narrow trend, with a difference in peak rates of about 20%. In the middle of September, the minimum of this year was formed, at the level of 0.00000814. The asset reacts poorly to bitcoin movements and characterized by a slow price change.
Pay attention to the zone 0,00001100 - it is necessary to monitor the behavior of prices in this area, because the asset may not have time to react to the market movement and go up from there. It is not profitable to open positions at a price higher than 0.00001100, because the chart does not show prospects for serious growth.
Volatility during the day is within 3-6%, liquidity is low with non-stable volumes. Therefore, the asset is not well suited for intraday trading, although it has a serious ambitious goal.