The shared support of $2.42 and the 200-day SMA prevented the extending loss in Decentraland (MANA) price. On February 24th, the 15% long-tail rejection on this support indicates intense demand pressure. The following rally struggles at the immediate resistance of $2.8, suggesting a downtrend continuation. Key technical points: The MANA chart shows a shooting star
On February 24, Decentraland (MANA) bears attempted to dump the coin below the $2.45 support. However, the intense demand pressure from this level rejected the altcoin from the 200-SMA, resulting in a 21% follow-up rally. The buyers would soon rechallenge the overhead resistance $2.8 mark to kick start with recovery. Key technical points: The MANA
New research finds that by 2026, 25% of everyone will spend at least one hour per day in the metaverse for work, shopping, education, social and/or entertainment. According to a new report from data insights firm Gartner, a burgeoning metaverse will develop with a fully operational virtual economy enabled by digital currencies and non-fungible tokens […]
Samsung’s announcement with Decentraland (MANA) has already shifted the momentum for the coin. The South Korean corporation has dropped some hints of its upcoming events with metaverse in Decentraland. Decentraland (MANA) price has surged by 16% in the last 24 hours and almost 26% in the last 7 days. The reason behind this jump has
The MANA/USD pair has seen a significant rebound over the past week, suggesting a respite from the correction phase. Moreover, the technical chart accentuates the current recovery by revealing a cup and handle pattern. This pattern should help decentraland buyers to breach the weekly resistance of $2.9. Key technical points: The Decentraland (MANA) buyers flipped
In 1992, the concept of the Metaverse existed only in the fertile imagination of American cyberpunk author Neal Stephenson. In his book Snow Crash, Stephenson described the metaverse as a virtual reality-based Internet populated by system daemons and user-controlled avatars.
The best performing altcoins are all in bullish momentum as they recover from oversold regions. As bulls buy the dips, the altcoins are attracting buying pressure on the downside of the charts. The uptrend will continue as the altcoins break through their respective current resistance levels.
Decentraland (MANA) price treading water on Friday. The buyers seek an upside of 38% as the price is trading above the 200-DMA for the past seven days. At the time of writing MANA/USD is trading at $2.27, up 0.05%. The risk-aversion among investors took a toll on the riskier assets. Decentraland price trades in the
One crypto whale just embarked on an altcoin shopping spree to the tune of $14.1 million. The blockchain-transaction tracker WhaleStats reveals that the Ethereum whale wallet named Light bought 642,999 Decentraland (MANA) for $1,845,409. Decentraland is a 3D virtual reality world that runs on Ethereum. The 43rd-ranked crypto asset is priced at $2.81. The 3rd-richest […]