MANA Seen Rising 11% As Buyers Make A Recovery Attempt

Name	Symbol	Market	Market Cap ($)	Algorithm
Decentraland	MANAUSD	Crypto	810,433,898	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Decentraland

MANAUSD

Crypto

810,433,898

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.0089	2.05%	0.4431	0.4432	0.4434

Price Change

Price Change %

Current Price

Bid Price

Offer

0.0089

2.05%

0.4431

0.4432

0.4434

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.4431	0.398	0.4325	0.4342	0.247540 - 0.819800

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.4431

0.398

0.4325

0.4342

0.247540 - 0.819800

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	08:04:11	21.78	0.4431	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

08:04:11

21.78

0.4431

USD

Price x Volume	Volume	Base Symbol	Related Pairs
626,614.49	1,521,663.31	MANA	MANAEUR	MANAGBP	MANABTC

Price x Volume

Volume

Base Symbol

Related Pairs

626,614.49

1,521,663.31

MANA Seen Rising 11% As Buyers Make A Recovery Attempt

06/09/2022 9:05am

NEWSBTC

MANA price continues to hover above the $0.8 mark, hinting at a rally targeting $0.86 or peaking by 6.8%. MANA price on a 4-hour chart shows the formation of a rounding bottom pattern August registers a massive sell-off for the MANA/USDT pair MANA buying activity triggers a correction August registered the most sell-off for MANA, with the MANA/USDT pair down by 32.5% from June to July with key support spotted at $0.75. On August 29, the crypto was able to bounce back from the support zone with the formation of an engulfing candle hinting at a bullish or aggressive buying activity at this level. The gains generated from June to July were completely disheveled following the recent correction. According to CoinMarketCap, the MANA price is trading at 0.8025 or up by 0.94% as of press time. Related Reading: Bitcoin Price Watch: BTC Facing Renewed Challenge To Keep Price Above $20,000 Decentraland: A Play-To-Earn Blockchain-Based Metaverse Decentraland is a P2E virtual and immersive blockchain-based metaverse that allow players to socialize, explore, and earn while playing in real-time. The Decentraland project is continuously expanding as the interest in the metaverse exploded roughly about a year ago. Players can buy virtual real estate that they can build upon or develop while interacting with other players. The beauty of this project is that you can take ownership of a virtual land and earn from it. Basically, lots have previously been selling for as low as $20 but now you can sell these virtual lands for millions. Over the past couple of days, MANA was trying hard to hold on to the support zone found at $0.75. Consequently, a bull run was seen on September 4 when it was able to breach the $0.8 resistance which means the buyers may have been working on recovery. MANA price is trying to retest which provides an avenue for interest traders to jump in. But, there is a little to moderate weakness on the higher price rejection which may pull the coin to the opposite direction. MANA To Break Past The $0.86 Mark? The bullish momentum may trigger the rounding bottom pattern which means it has a high potential to surpass the $0.86 zone and promote faster recovery. On the flip side, if MANA buyers fail to sit still at the $0.8 zone, closing a candle below the key support level may hint at a fake breakout triggering a pullback on price at $0.75. RSI for the crypto demonstrates a bullish divergence within its range which a spike above the midline would suggest amplification of bullish movement. Related Reading: Dogecoin Slowly Retests $0.06 As DOGE Is Seen Moving Higher Over The Next Days MANA total market cap at $1.42 billion on the daily chart | Source: TradingView.com Featured image from Coinpedia, chart from TradingView.com

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MANAUSD Decentraland