Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. MANA’s price remained stuck within a range, but bearish momentum took over. A retest of the range lows could interest bulls. Over the past ten days, Bitcoin [BTC] has stubbornly traded within the $27.7k-$28.7k.Continue reading “Will MANA fall another 6% as selling pressure ramps? Analyzing…”
By Akashnath STag Archives: MANA Price Prediction
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The H4 market structure was bearish. A drop below $0.57 will likely see another leg downward for MANA. In a previous report, it was highlighted that the market structure of MANA was bearish onContinue reading “MANA bulls begin to fade in strength after the loss of an important support”
By Akashnath SDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The drop below $0.62 meant the structure was bearish. The Fibonacci levels showed that MANA investors can keep an eye on the $0.4-$0.5 region. Decentraland performed extraordinarily well in 2023. Its native token saw aContinue reading “Decentraland [MANA] short-term traders can look to buy at…”
By Akashnath SDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The daily chart was strongly bearish. The lower timeframe charts were bearish too. Decentraland [MANA] broke below its consolidation range of $0.8254 – $0.6314 in early March, attracting aggressive selling afterward. At press time,Continue reading “Decentraland [MANA] falls to half-dollar value- Can bulls prevail?”
By Saman WarisDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure was bearish but the indicators noted a shift in momentum The bulls looked unlikely to regain control in the coming days Back in January, Decentraland registered a strong rally in theContinue reading “MANA indicators flip bullish, but here’s why it could be a trap”
By Akashnath SDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The lower timeframe market structure of MANA was bullish. The $0.75 level acted as support- but will it be broken soon in a pullback? Decentraland has performed strongly in the market over the pastContinue reading “MANA shows signs of a pullback, where can bulls look to enter next?”
By Akashnath SDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Two short-term demand zones could check MANA’s price correction. Demand in the derivatives market and weighted sentiment improved. Decentraland [MANA] has been trading within the $0.5533 and $0.7595 range since 16 January. At theContinue reading “Decentraland [MANA]: Bears should watch out for these two demand zones”
By Saman WarisDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The market structure favored bears, but a bounce is possible This bounce could hunt liquidity before reversing to the downside Tether Dominance hovered between the 8.6% and 8.7% levels over the past week, afterContinue reading “MANA sinks beneath $0.382 but can short traders view this as an opportunity”
By Akashnath SMANA was bullish on the 4-hour chart. The alt could sail to $0.3141 if it clears a key obstacle. A break below the demand zone at $0.3019 will negate the forecast. Decentraland [MANA] has been in a price pullback since 21 December. The bulls found steady support at $3019 and attempted a rally. However, bullsContinue reading “Decentraland [MANA] investors can profit from the obstacle at $0.3101, but …”
By Saman WarisDisclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice MANA formed an ascending triangle chart pattern A possible upside breakout target could be $0.4740 and the 38.2% Fib level ($0.5054) Decentraland [MANA], the Metaverse-based project, recorded a bullish Moving Average Convergence Divergence (MACD) crossoverContinue reading “Decentraland: Traders could see some profits if MANA stays put at these levels”
By Saman WarisDisclaimer:Â The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Crucial resistance levels at $0.72 and $0.82 Despite the recent bounce, a bearish order block impeded the bulls’ efforts Decentraland had a market cap of $1.12 billion at press time, but this figure could goContinue reading “Why Decentraland [MANA] will continue its downtrend on the price charts”
By Akashnath SDisclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. On the lower timeframes, Bitcoin [BTC] has held the $23.5-$23.7k area as support over the past couple of days. Heading into the weekend and potentially low liquidity, BTC bulls could begin to worry thatContinue reading “Decentraland [MANA] halted at psychological $1 mark as it sees a short-term range formation”
By Akashnath S