Decentraland Price Prediction: MANA Network Growth Declines

Decentraland Price Prediction: MANA Network Growth Declines

1
Decentraland price trades at $0.3017 while witnessing a loss of 1.24% during the intraday trading session.
2
MANA price struggles to stay above the $0.30 psychological level.
3
The year-to-date return of Decentraland is 1.58%.
MANA price has been in a downtrend since the start of February 2023, forming lower lows and witnessing several short-term pullbacks. During mid-June 2023, it entered into a bullish trend and started to rise toward $0.50 but the move could not sustain and was halted near the $0.4420 level. 
The price broke the trend line and retested it to fall further down. Recently, it broke the major resistance level of $0.33. Currently, the cryptocurrency price is stuck in a narrow consolidation zone ranging between $0.2950 and $0.3150. 

Source: MANA/USDT By TradingView.
The price is struggling to stay above $0.30. If bears are successful in breaking the support level of $0.2950, the price might fill the lower wick of 17 Aug

Czytaj więcej

We współpracy z: https://www.thecoinrepublic.com/2023/08/25/decentraland-price-prediction-mana-network-growth-declines/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy