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MANAUSD Exhibits a Notable Decline as it Breaks Structure Bearishly

MANAUSD
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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January 29, 2023

Decentralized (MANAUSD) Plunges After Hitting the $0.7540 Zone

MANAUSD Analysis: Price Drops After Reaching The $0.7540 Supply Zone MANAUSD plunges after hitting the $0.7540 supply zone. Following the aggressive expansion of price from the $0.2840 support, the market rebuffed the $0.7540 supply zone. The price needs to retrace down into a point of interest bef...
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January 23, 2023

Decentraland (MANAUSD) Hits New Overbought Region

MANAUSD Analysis: Price Hits A Zone As The Market Enters An Overbought Region MANAUSD hits a supply zone as the market enters an overbought region. The recent surge in price to the upside shows the presence of MANAUSD buyers in the market as they become optimistic about MANA. However, the overall t...
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January 17, 2023

Decentraland (MANAUSD) Rallies Into A Bearish Order Block

MANAUSD Technical Analysis: Price Rises Into A Bearish Order Block MANAUSD rallies into a bearish order block following a bullish divergence signal by the Relative Strength Index (RSI). The explosive rally appeared to be aiming to change the market’s direction bias, but the overall trend rema...
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January 11, 2023

Decentraland (MANAUSD) Changes Its Structure To The Upside

MANAUSD Analysis: MANAUSD Changes Its Market Structure To The Upside MANAUSD changes its market structure to the upside. The market’s structure has been bearish for weeks until this last low in the $0.2840 demand zone. Currently, MANAUSD is showing a potential change in the market’s env...
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January 03, 2023

Decentraland (MANAUSD) Indicates a Change in Market Trend to the Positive

MANAUSD Analysis: Price Shows Signs of Change in Market Trend to the Upside MANAUSD shows signs of a change in market trend to the upside as it leaves the oversold region. The market has been extremely bearish for a long time, as seen in the higher timeframe. MANAUSD may be forming a new bullish wa...
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