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Crypto Price Prediction: Decentraland price to double

Web Desk BOL News

02nd Dec, 2021. 10:13 pm
John Paulson

Photo: File

The price of Decentraland has been declining, but this trend is about to end soon.

MANA is about to enter the market with the 50% retracement level at $4.01.

This breakdown will knock down on the way to the buy zone, which will extend from $3.11 to $3.64.

The price of Decentraland dropped 26% between November 24 and November 26, and it is predicted that the downward trend might continue a little lower.

Consequently, stockholders can presume MANA to see a considerable upsurge in buying weight.

Decentraland price might not stay at all-time high but this trend will extend at $6.31. This will turn MANA toward the 161.8% Fibonacci extension level at $7.50.

On the other hand, if Decentraland price fails to rebound off the buy zone, extending from $3.11 to $3.64, it will designate that the merchants are in control. This move will lead to a retest of the range low at $2.46.


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