Decentraland price prediction – Here’s the latest Decentraland (Mana) price prediction and Mana TO USD converted price you can find here
Decentraland Today’s Price
Decentraland price today Is $0.330827 USD
| DATE | Mana | USD |
|---|---|---|
| Today | 1 | $0.330827 |
Decentraland Price Prediction:
By the time of publication, MANA had made a new, higher bottom, indicating bullish momentum. In particular, the Relative Strength Index (RSI) rose gradually from the oversold area rather than abruptly. This proved that increased buying pressure was gradually reducing the power of sellers.
MANA may try to test or surpass the barrier at $0.3101 if the current trend continues. If the bulls succeed in breaking through the resistance level, they might focus on the 26-period Moving Average’s target price of $0.3141.
The Directional Movement Index (DMI) red line, which represents selling, was also on top but had a tiny incline. It proves that even while buyers were steadily gaining ground, sellers still held the upper hand in the market. If the trend continues, bulls may approach the barrier.
However, the bears still had some power. If bears make a big move, pushing MANA to the demand zone near $0.3019, the aforementioned bullish bias may be disproved.
According to Santiment, the weighted sentiment indicator for MANA grew toward the neutral level, showing an improvement in investor sentiment for the asset.
There was, however, little demand for MANA in the derivatives market because of the drop in the Binance Funding Rate for the MANA/USDT pair.
Despite this, there were more and more active addresses dealing MANA as the prices increased. Trade volume and buying pressure would have increased if the advance had maintained its momentum.
A poor BTC, though, might hurt MANA and impede its development. Therefore, investors should also pay attention to BTC’s performance.
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