decentraland Archives - Page 2 of 8

February 21, 2024

MANAUSD Turns Bullish as it Bounces off the Order Block

Market Analysis: Decentraland Bounces Off the Order Block Decentraland (MANAUSD) turns bullish as it bounces off the order block. The price has been consistently trending upwards, creating higher highs and higher lows. However, the trend lacked sufficient momentum to surpass the $0.6050 supply leve...

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February 12, 2024

Decentraland (MANAUSD) Accumulates Buys

Market Analysis: MANAUSD to Resume the Initial Bullish Trend MANAUSD accumulates buys to resume the initial bullish trend. Buyers encounter a slight resistance in late December 2023. This caused a breach in the bullish trend line giving sellers momentum. However, the seller’s momentum came to...

#Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #decentraland #MANA #MANA/USD #manausd #Market Expectation #Price Action #Price Analysis #Technical Analysis #TechnicalAnalysis

February 12, 2024

MANAUSD Consolidates in Anticipation of Potential Breakout

Market Analysis: Anticipating Potential Breakout Decentraland (MANAUSD) shows buying strength leaving a $0.3000 demand level the late October 2023 to December 2023. However, the price begins to consolidate, indicating buyers and sellers struggle to dominate the current market trend. MANAUSD Key Lev...

#Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #decentraland #MANA #MANA/USD #manausd #Market Expectation #Price Action #Price Analysis #Technical Analysis #TechnicalAnalysis

February 09, 2024

Cardano Rebounds But Falters Below The Peak Of $0.55

Technical Indicators: Major supply zones: $1.0, $1.05, $1.10Major demand zones: $0.25, $0.20, $0.15 Cardano (ADA) Price Long-Term Forecast: Bearish Cardano’s (ADA) price has broken above the 21-day Simple Moving Average but falters below the peak of $0.55. Since January 8, the altcoin has bee...

#Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #decentraland #MANA #MANA/USD #manausd #Market Expectation #Price Action #Price Analysis #Technical Analysis #TechnicalAnalysis

January 30, 2024

Decentraland (MANAUSD) declines as it approaches the FVG

MANAUSD Analysis – January 30 Decentraland (MANAUSD) declines as it approaches the Fair Value Gap (FVG). After rejecting the $0.3080 demand level, buyers pushed the price upwards, creating a bullish trend. However, as the price trended upward, it failed to breach the $0.5400 supply level, giving se...

#Crypto Analysis #CRYPTOCURRENCY #Daily Chart #decentraland #MANA #MANA/USD #Market Expectation #Price Action #Price Analysis #Technical Analysis #TechnicalAnalysis

January 19, 2024

Decentraland (MANA/USD) Bullish Momentum Builds as Market Stabilizes Around $0.45

Initially, the Decentraland market appeared to be skewed towards the bullish side, which held a dominant position. However, when the market reached a peak price of $0.50 on November 20, the bearish aspect of the market gained momentum due to increased volatility. Despite a subsequent price pullback...

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January 15, 2024

Decentraland (MANAUSD) Approaches Overbought State as Price Aims Into Premium Zone

MANAUSD Analysis – January 14 MANAUSD approaches an overbought state as the price aims into a premium zone. The market surged past $0.37510 in November 2023, confirming a bullish order flow. However, a bearish order block emerged near $0.55130 as the price broke the diagonal support. The stoc...

#Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #decentraland #MANA #MANA/USD #Market Expectation #Price Action #Price Analysis #Technical Analysis #TechnicalAnalysis

January 09, 2024

Decentraland (MANAUSD) Accumulates Long Orders

Market Analysis: Price Targets the Supply Levels The market accumulates long orders targeting the supply levels. The price of MANAUSD reached a high of $0.8420 before beginning to drop due to increased selling activity. This led to a significant decrease in MANA prices from early February to late O...

#Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #decentraland #MANA #MANA/USD #Market Expectation #Price Action #Price Analysis #Technical Analysis #TechnicalAnalysis

January 02, 2024

Decentraland (MANAUSD) Becomes Bullish

Market Analysis: Price Draws Toward Liquidity MANAUSD becomes bullish as it draws to liquidity. The bearish momentum in the market has come to an end as the market structure has shifted to a bullish trend. This is evidenced by the formation of two consecutive higher highs in the price action, which...

#Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #decentraland #MANA #MANA/USD #manausd #Market Expectation