MANA - Head and Shoulders PatternMANA forms the head and shoulders of the pattern under the resistance of the descending channel.
Key stats
Market capitalization
783.803MUSD
Fully diluted market cap
915.214MUSD
Trading volume 24h
73.066MUSD
Circulating supply
1.878B
About Decentraland
If you’re fed up with the real world, Decentraland offers a 3D, virtual alternative running on Ethereum, where users can buy up land and NFTs using its MANA token. Initially, Decentraland was launched via a $24m initial coin offering (ICO) in 2017, but it wasn’t until 2020 that the 3D world was opened to the public. Beyond the confines of the virtual world, Decentraland has a dedicated marketplace where users can exchange NFTs priced in MANA.
MANA - Time For Lift Off!In our last analysis for MANA, we identified that we were in subwave 2 of wave 5. We are now at the extremes of the subwave 2 as we're touching the ascending trendline which we anticipate to be respected.
Our hard stops will remain below invalidation level but we can capitalise on a risk entry now.
MANA: SHORT TERM BUY OPPORTUNITYDecentraland is forming a weekly TF bullish flag. The flag breakout is likely going to be initiated from the next support or the wide demand zone beneath it. A short term buying opportunity can be scouted on both. But a fast and long bullish move is going to be tough because there are many resistanc
MANAUSD Cycle may need to make one last low before rallyingDecentraland (MANAUSD) has been unable to break above the 1W MA50 (blue trend-line) despite January's rise (led at large by Bitcoin). This draws heavy comparisons with the previous Cycle, which on March and June 2019 failed also to break above the 1W MA50 despite a March rally and instead dropped to
Decentraland: Crab 🦀Like a crab, Decentraland is predominantly moving sidewards just above the support at $0.48. Nevertheless, we expect our crypto friend to develop more upwards momentum soon so that it will be able to expand wave iii in magenta above the resistance at $0.84. However, there is a 35% chance that Decent
Decentraland (MANA)Mana clearly was in a corrective downtrend move. This corrective wave ended around the horizontal support/resistance area; after that price broke the downtrend line too. So, it seems everything is ready for the next uptrend move. Let's see what happens.
MANA-MANIA! Don't Miss Out!MANA is looking like its almost ready for a MASSIVE move.. At least 1000%.
We can see that we are currently in a 5 wave move higher. Wave 3 had a nice 5 subwave breakdown. We can use that framework to figure out what's next for wave 5.
Subwave 2 of wave 3 was a tight correction and we are seeing
MANA: $0.75 | Road to MetaHighs $25++another world another market another era where goods services etcetara shall take place
and Decetraland takes the lead
we await partnerships and apps on top of this Platform of the future
Mana weekly trend COINBASE:MANAUSD with a possible rally to $0.65 it would need to hold and then it could go to $0.83
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This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
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