MANABTC
MANA successful defense and continuation of the upward trendThe chart of MANA shows a very healthy and gradual increase in price, of course this is also due to the stability of the price of BTC and the lack of major fluctuations, because the large fluctuations of BTC strongly affect MANA (and the rest of the cryptocurrencies, we will see what the next days will show
MANA - we have waited a long time for this ✅MANA has corrected 57% from its high. This is a rather strong correction that has been going on for almost a month now. Now we can expect at least a bounce or at best a reversal and continuation of the rising trend.
On the technical analysis side, the price has tested the big value area and has collected a lot of liquidity. Now we see that the MANA is squeezed between the trend line and the big value area.
When to buy?
- On a breakout or a retest of the trend line.
- In case of a false break-down of the $2.5 level.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
MANA a project for the patientchart of MANA after the rapid rise looks good, price level defended and we continue a more stable chart, the most important thing is that the increase was not artificial, but healthy
MANA strong breakout and attempt to maintain price levelMANA has been showing strong price positions and gradual growth for several days, such a healthy situation has translated into continued growth, the next few days will show if we will defend this level
MANA testing of support linesMANA is currently in a sideways trend with slight price fluctuations, the testing of support continues and no one knows how long it will last, we will see if there will be any dynamic movements by the end of this year
MANA incremental increaseMANA chart is calm but we see a gradual increase, it is not big but healthy and shows that we have strong support at these levels
MANA continuation of high trend volatilityMANA currently has a very dynamic chart, the strong support line shows that MANA is trying to break out, but it is difficult
MANA high volatilityMANA is falling further in price, the situation looks difficult but it is due to BTC, the market always gets a ricochet from BTC, such situations should be treated as promotions
MANA green candles and strong supportMANA shows a green chart, the situation looks healthy and is likely to continue, everything will depend on BTC
MANA regains price positionMANA is an important part of the metaverse, the project is one of the highest quality and certainly the current situation on the chart should be perceived positively by long-term investors
Be vigilant and stay Strong As I have mentioned before, be greedy when people are scared! I think we are coming to the final end of the side way as BTC is volatile and MANA is still holding strong with strong support $2.9-$3.1. Stay strong brothers, It is the test for the new ATH soon! The rewards may come unexpectedly by Christmas!
This is not financial advice!
MANA fight BTC to keep the marginIt is what it is. The MANA has been fighting hard against the BTC effect and still keeps above $2.8 showing the MANA is recovering fast. However, the BTC recovering at in much faster pace compared to MANA. This means the movement average of MANA is much weaker than BTC in general. It is this time of every cycle where Altcoins are starting to bleed to BTC. All I can see is accumulate for the next bull run after BTC consolidate!
This is not financial advice!
Bearish short term but Bullish long termWe saw from my last analysis when I said we may revisit the $3.2 range. However, during the dumping time with BTC downside, and all senate talk about future of crypto, there are many things people have let it slide away.
Decentraland just is the Patron of Blender Development Fund, the Blender is the major 3D model creator that is free for use by anyone under GNU. Meaning you can legally use the software to create any figures or anything and sell it without string attached to the Blender. If you saw the NFT hype, then you would need to understand the underlying violation of copyright and the right of usage of certain software to bale to make monetize out of it. It is basically a strong legal battle that surely uncle Sam/ big Coop will win if you accidentally use the crack software or non-commercial software to create the NFT for monetization. Blender is the one under GNU licencing which is free for most of the meaning of usage. So Decentraland is the supporter of Blender which facilitate the growth of NFT items in the metaverse.
Decentraland just pumps out the Golf course in the Vegas City within Decentraland. Here not only you can gamble but practice your golf skill with your VR set.
Decentraland can take any NFT to be put into their world. One of the main reasons for the Nov 30 run of MANA is because SAND items were ported into the Decentraland world and used for the festival event.
And here we are at the spot where MANA is going lower than $4 after an attempt to go higher. I would consider this is a long position where the MANA might try to break the trend downward, but as it gets lower, it is a better price to accumulate for the next bull run!
This is not financial advice, but my perspective of the current trend of Decentraland!






















