MANA/USD Tries to Reverse Trend

Since price action in the MANA/USD market poked the headwind hive around $0.7058, the price activity has been sliding downwards. However, recently it appears as if attempts are being made to put a break to this trend.

Decentralnd Forecast Statistics Data:
MANA current price: is $0.3860
MANA market cap: $722.50 million
Decentraland circulating supply: 1.86 billion
MANA total supply: 2.20 billion
Decentraland Coinmarketcap ranking: #53

Key Price Levels:
Top: $0.3860, $0.3900, $0.3950
Botom: $0.3820, $0.3780, $0.3740

Decentraland Price Prediction Today, November 24, 2022: MANA/USD Attempting to Push the Breaks

Price activity MANA/USD  has moved significantly downwards from near $0.7000 to $0.3840. However, at this point buyers seems to be exerting some effort in this market. In this session and the last, minimal buying has started and has managed to recover just very little. The MACD has moved below the equilibrium line. Furthermore, the lines of this indicator are now coming together for a crossover. This seems to be due to the recent price minimal gains. If the crossover is achieved price may move above the MA line of the Bollinger Band.

Decentraland Price Prediction Today, November 24, 2022: MANA/USD May Be Reversing Already

Studying the MANA/UD 4-hour market, it appears as if selling has been going on already. Nevertheless, price activity reclines above the MA line. By implication, this may be pointing out that price may keep rising from here since buying may continue to rise upwards. Also, the MACD is now rising upwards, however with minimal vigor. If price action should rise and find support at the Moving Average line, then Decentraland’s price may set sail toward the $0.400 price level. But if selling pressure should continue to grow, then price may return near the $0.3400.

Considering the performance of the MANA/USD, one can conclude that they aren’t presenting significant gains. Nevertheless, the IMPT  token is another crypto with great bullish potential. The presale program for this crypto is still on and has raised almost $13.5 million since the commencement of its presale. Also, the Impact Token team, recently declared a giveaway promo worth 100K. And, this is a great opportunity no one will like to miss.

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