您现在的位置是:Decentraland’s (MANA/USD) defies gravity to jump 20% but will buyers be relentless? >>正文
Decentraland’s (MANA/USD) defies gravity to jump 20% but will buyers be relentless?
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛259人已围观
简介Decentraland’s MANA has surged by over 20% in the weekMost gains came when the metaverse platf...
Decentraland’s MANA has surged by over 20% in the week
Most gains came when the metaverse platform announced an open-cross competition
MANA’s long-term recovery remains tied to the crypto sentiment
Decentraland’s(MANA/USD) rose by 12% over the weekend, taking the weekly gains to over 20%. The surprise gains come after a prolonged bear market that saw the cryptocurrency claim the lowest price in 2022 on December 31.
Investors banking on Decentraland’s MANA would be delighted at the latest cryptocurrency newsamid quietness in the metaverse. On January 06, Decentraland said it had launched the first-ever metaverse architecture and design Biennale. It will be an open-cross competition in the metaverse and includes performances, events, public talks, and lectures. The event is expected to accommodate more than 50,000 visitors in over five days. The event is expected to attract opinion leaders, creators, and partners who will share ideas about the metaverse.
The latest development comes as activity building in the metaverse continues to slump in a crypto winter. The low activity has pushed MANA to very low valuations, with the cryptocurrency trading at $0.355 as of press time. That compares to a high of nearly $6 at the height of the metaverse and crypto boom in November 2021.
MANA price outlook and analysis amid recoveries
MANA/USD Chart by TradingView
From the technical outlook, the RSI shifted above the midpoint, suggesting the entry of buyers of MANA. The MACD indicator highlights an improved momentum. The MACD line crossed above the signal line, reinforcing a bullish outlook. However, the indicator is still below the neutral zone, emphasising that the bearish market remains. MANA price also remains underneath the descending trendline despite the recoveries.
What could happen next?
Investors could continue riding on the short-term rally on MANA as momentum has improved. However, the outlook is bearish, and MANA could correct once the price hits the descending trendline. If buying MANAnow, be watchful of the level around $0.4, where the price intersects with the descending trendline.
Where to buy MANA
eToro
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Open AccountPublic
Public is an investing platform that allows you to invest stocks, ETFs, crypto, and alternative assets like fine art and collectibles—all in one place.
Buy MANA with Public todayTags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/53791.html
相关文章
DARPA wants a way to capture the next Chinese spy balloon
Decentraland’s (MANA/USD) defies gravity to jump 20% but will buyers be relentless?By subscribing, you agree to our Terms of Use and Policies You may unsubscribe at any time.The Unite...
阅读更多
Solana ecosystem tokens worth keeping an eye on: LINK, WAVES, GRT and AUDIO
Decentraland’s (MANA/USD) defies gravity to jump 20% but will buyers be relentless?LINK, WAVES, GRT, and AUDIO are all a part of the Solana ecosystem of tokens.These are selected due...
阅读更多
Glassnode data suggests higher BTC volatility in the short term
Decentraland’s (MANA/USD) defies gravity to jump 20% but will buyers be relentless?Bitcoin has traded in a narrow range in the $37k-$42k region to suggest higher volatility lies on th...
阅读更多
热门文章
- Malaysian Billionaire Steps Down From Business to Launch His Own Cryptocurrency
- Taiwan simulates Chinese airport attack for defense
- Tron Apologises for Claiming That its User Base had Exceeded the 10 Billion Threshold
- Adobe’s Behance to support Phantom Wallet
- Anonymous “Bitcoin” Man Organises Crypto Easter Egg Hunt
- China's Long March
最新文章
Ukraine to deploy self
Russians liquidate billions in crypto to save their fortunes
Meet the robot who will be making your guacamole in Chipotle
Harmony (ONE) nears a crucial demand zone – is a bull run finally here?
EOS falls below the crucial support zone
NVIDIA launches latest supercomputer AI chip – the H200