Decentraland price defended $0.5000 support and entered consolidation.
MANA price rejects the 200 day EMA and also dropped below the 50 day EMA.
MANA crypto price is near to crucial support.
Decentraland price fell 13% on the previous week and eroded the gains of the past five weeks. MANA Price witnessed profit booking from the supply zone and prices returned back to the previous swing low.
MANA price seems to be stuck into the narrow range between $0.5000 to $0.7000 and no signs of breakout or breakdown are visible. MANA got rejected from the 200 day EMA denoting downtrend. However, the curve is sloping sideways indicating prices will consolidate for some more time and downside seems to be limited.
Decentraland price is trading at $0.5511 with an intraday rise of 0.07%. The 24 hour volume to market cap ratio is $0.0385. At the mid of March, MANA price took support at $0.4844 and formed a bullish hammer candle. It took a U-turn and began to rise by forming a higher high candle.
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We współpracy z: https://www.thecoinrepublic.com/2023/04/29/decentraland-price-defends-0-5000-will-mana-price-recover/
