Decentraland Price Prediction: Today’s Decentraland (Mana) Price, 5th Dec 2022

Decentraland Price Prediction:

MANA’s recent market outlook has been pessimistic. Mana has dropped by more than 50% in the last three months, 32% in the previous month, and 16.82% in the last seven days.

After reaching a high of $0.7448 on November 5, MANA experienced a significant drop that lasted until November 9, when it made a small retracement close to the $0.43 barrier level. The price then broke through the resistance zone and has since been falling.

The MACD and the 200-day moving average both show a long-term downward trend. Higher time frames, on the other hand, show consolidated price activity; a breakout at the top would indicate the beginning of a bullish trend.

Analysts are optimistic about Decentraland and the metaverse’s future (MANA). Prices are expected to average $1.09 in 2023, rising to $2.25 in 2025.

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