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 $0.3306307 USD

Decentraland Price Prediction:

The population of Decentraland has decreased by more than 85% since its peak. The chain’s health is casting a bearish picture.

The MANA cryptocurrency’s technical indicators suggest a consolidated trend. The MANA/BTC pair has increased by more than 0.17%.

The Ethereum blockchain, according to the virtual reality platform Decentraland, is what makes it possible. Decentraland’s initial coin offering (ICO) made its debut in 2017 and went live in 2020.

Users on Decentraland can monetize their content. MANA’s online gaming platform incorporates blockchain technology. Ariel Meilich and Esteban Ordano are the creators of Decentraland.

An ERC-721 token serves as a representation for each of the 90,601 distinct LAND parcels that make up the MANA gaming environment. Every LAND in the metaverse has a unique size and set of coordinates. Decentraland has a ROI of 1421 percent. Its value has dropped more than 85% since its peak.

MANA has a supply of 1,855,084,192 shares and a market cap of approximately $729 million. The intraday session saw a nearly 104% increase in Decentraland volume. The asset price’s volume to market cap ratio shows an upward trend.

Decentraland’s weekly technical chart reveals a consistent upward price trend. On the daily chart, the asset price is currently up more than 1.5% and trading close to $0.39.

The price of the coin has now established a steady consolidation range. Currently, the asset’s price is lower than both the 50-day and 100-day simple moving averages.

A downward trend might be indicated by an asset price negative crossing. The resistance of MANA is visible near the $0.6 level. The declining trend might end around $0.15.

Also Read

Decentraland Price Prediction: Today’s Decentraland (Mana) Price, 17th Dec 2022

Decentraland price prediction – Here’s the latest Decentraland (Mana) price prediction and Mana TO USD...