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 $0.3033882 USD

Decentraland Price Prediction:

By the time of publication, MANA had created a new, higher bottom, indicating bullish momentum. In particular, the Relative Strength Index (RSI) climbed steadily rather than abruptly from the oversold level. This illustrated how sellers’ influence was waning over time as a result of mounting buyer pressure.

MANA may attempt to test or surpass the resistance level at $0.3101 if the current trend continues. If the bulls are successful in breaking over the resistance level, they can focus on the target price of $0.3141 given by the 26-period Moving Average.

The red Directional Movement Index (DMI) line, which was likewise on top but slightly sloping, signalled selling. It proves that despite buyers’ gradual advancement, sellers remained in control of the market. If the trend continues, bulls may approach the barrier.

Despite this, the bears had a lot of strength. If bears make a major move, pushing MANA to the demand zone near $0.3019, the aforementioned optimistic bias might be shown to be erroneous.

According to Santiment, the weighted sentiment index for MANA grew toward the neutral level, showing that investor perception of the asset has improved.

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 trading MANA as its price increased. Trade volume and buying pressure would have gotten stronger if the gain had continued to rise at its current rate.

A poor BTC, however, can hurt MANA and prevent its development. As a result, investors ought to monitor BTC’s progress.

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Decentraland Price Prediction: Today’s Decentraland (Mana) Price, 19th Dec 2022

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