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Decentraland (MANAUSD) Transforms into a Trending Market

Decentraland
April 03, 2023

Decentraland (MANAUSD) Overall Trend Remains Bearish As Diagonal Resistance Fails

MANAUSD Analysis: MANAUSD Overall Trend Remains Bearish As Diagonal Resistance Fails MANAUSD overall trend remains bearish even after the diagonal resistance fails. Following the sudden retraction from the breaker block, the buyers of Decentraland aimed to see the diagonal resistance break. While t...
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March 21, 2023

Decentraland (MANAUSD) Attracts More Buyers As Price Finally Breaks The Diagonal Resistance

MANAUSD Analysis: The Market Attracts More Buyers As Price Finally Breaks The Diagonal Resistance MANAUSD attracts more buyers as the price finally breaks the diagonal resistance. The successful breakout from the diagonal resistance to the upside marks the continuation of the overall trend. Accordi...
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March 13, 2023

Decentraland (MANAUSD) Stays Bearish with MACD Below Zero

MANAUSD Analysis: Price Remains Bearish as MACD Crosses Below Zero Line MANAUSD remains bearish as MACD crosses below the zero line. Due to the price’s reaction at the FVG and the lower timeframe bearish order block, MANAUSD has been descending the crest. MANAUSD Significant Zones Demand Zone...
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March 06, 2023

Decentraland (MANAUSD) Retraces Downward after Range Fulfillment

MANAUSD Analysis: Price Retraces Downward Following the Range Fulfillment to the Upside MANAUSD retraces downward following the range fulfillment to the upside. In a bid to grab the buy-side liquidity above the old high at the $0.7440 price level, the price expanded aggressively to the upside. The ...
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February 26, 2023

Buyers Exit Decentraland (MANAUSD) Market As Price Drops

MANAUSD Analysis: Buyers Exit The Market As Prices Plummet Momentarily MANAUSD buyers exit the market as the price plummets momentarily. Since the $0.8430 price level was hit, MANAUSD has been declining alongside a diagonal resistance. However, while the selling pressure keeps increasing, the marke...
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February 20, 2023

Decentraland (MANAUSD) Drops, As Market Consolidates

MANAUSD Analysis: Price Falling As Market Distributes At Supply Zone MANAUSD faces a downward as the market distributes at the supply zone. A markdown is looming as the price keeps consolidating just below the $0.8340 level. The consolidation seems to be in the form of an ongoing Wyckoff schematic....
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February 13, 2023

Decentraland (MANAUSD) Sellers Prepare To Go Short As Price Leaves Distribution Phase

MANAUSD Analysis – Sellers Prepare to Short as Price Leaves Distribution Phase MANAUSD sellers prepare to short as the price exits the distribution phase. A massive expansion occurred as prices left the discount zone as the year 2023 began. Due to the expansive move, the market’s enviro...
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February 08, 2023

MANAUSD (Decentraland) Breaks off Consolidation, Rallies Upwards

MANAUSD Analysis: Price Breaks Out of Consolidation Zone and Moves Up MANAUSD breaks out of its consolidation zone to the upside. The market has been consolidating since the second half of last month. The consolidation was in the form of a triangle pattern, which held prices around the $0.7220 pric...
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