GunMoney

MANA surge around the corner?

Long
GunMoney Updated   
COINBASE:MANAUSD   Decentraland
Some would disagree, but to me it seems if the market goes bullish again MANA is prime for huge pump.

Some bullish factors for crypto:

1) Biden signs EO embracing crypto

2) UAE embraces crypto

3) Ukraine legalizes crypto

4) Geo-political uncertainty, crypto alternative currency

5) Whales pulling BTC off exchanges by the billions

6) Ukraine/Russia conflict likely almost over (markets calm)

For MANA, it's still a hype meta token where companies like Victoria's Secret and others are still, as of this past week, jumping on the decentraland bandwagon.

For all the reasons I've listed on my chart, I'm leaning bullish MANA. Of course, it will move with the market at-large, so wide-spread sell-off destroys all bullish sentiment.
Comment:
Alt's pumping MANA lagging. Waiting for volume. But, as most should, my portfolio is spread amongst numerous tokens. ETC BICO FIL ADA are the other ones I'm holding, so my BICO and ETC gains are softening the blow of a lack-luster MANA. I actually like seeing this, I'd prefer 1/2 my tokens to pump on the earlier waves then the other 1/2 to pump on the latter waves. Rolling profits from the early movers into the later. Curious how the next week or two perform, looking strong off the bottom, let's see if we can hold the gains and prepare for another leg up here soon.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.