MANA/USD (Decentraland) 1w LONG-TERM Analysis.
✨We have witnessed 2 different cycles between 2018 and 2023.
✨It is now 700 days since the peak. the parallel channel has worked well so far.
✨We have reached the end of the 700-day downtrend. the weekly rsi value also confirms this. The centre line of the parallel channel has also worked well.
weekly rsi: 34 Now
>>In the rally towards the end of 2024, I think that mana will be strongly accompanied. I think it will exceed the old ath level.
And we also look MANA/BTC
weekly rsi : 26 (OVERSOLD)
✨We have witnessed 2 different cycles between 2018 and 2023.
✨It is now 700 days since the peak. the parallel channel has worked well so far.
✨We have reached the end of the 700-day downtrend. the weekly rsi value also confirms this. The centre line of the parallel channel has also worked well.
weekly rsi: 34 Now
>>In the rally towards the end of 2024, I think that mana will be strongly accompanied. I think it will exceed the old ath level.
And we also look MANA/BTC
weekly rsi : 26 (OVERSOLD)