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The Mana Price is declining for the 3rd consecutive day and has retraced the 200-day EMA.
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When writing, the Decentraland crypto traded at 0.507, reporting a negative intraday development of 1.66%.
The MANA price has been on the losing side for the third consecutive sessions on Saturday. The recent fall has taken the price near the 200-day exponential moving average.
The daily chart shows that Decentraland crypto made a breakdown of the range formed over the daily chart. The breakdown has validated the possibility of further corrections to the price.
Earlier, MANA crypto maintained a positive trajectory after a breakout in February till mid-March. However, a sharp selling was observed from the monthly highs in the later weeks of March and has made a breakdown of 20-day EMA. However, the 50-day EMA acted as a dynamic support, and a consolidation was observed in the last few weeks.
The MANA price noted a breakdown yesterday and drop
We współpracy z: https://www.thecoinrepublic.com/2024/04/13/mana-price-has-crash-landed-to-ground-will-it-show-resurgence/