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Decentraland (MANA) news

DECENTRALAND MANA BREAKOUT SOON !! MANA UPDATE

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Synopsis: Mana’s current price is $ 2.35, with a 24-hour trading volume of $421.90 million, a market valuation of $4.33 billion, and a market domination of 0.24 percent. MANA’s price has risen 0.54 percent in the previous 24 hours.

Decentraland achieved its all-time high on November 25, 2021, when it was trading at $ 5.85. The lowest price since its all-time high was $ 1.72. Since the previous cycle low, the highest MANA price was $ 3.55 cycle high. The current price forecast mood for Decentraland is pessimistic.

Decentraland’s current circulating supply is 1.84 billion MANA, with a maximum supply of 2.64 billion MANA. Decentraland is presently rated 11 in the Ethereum sector, 1 in the NFT Tokens sector, 1 in the Gaming sector, and 1 in the Metaverse sector in terms of market cap.
In the last 24 hours, the cryptocurrency’s current value has dropped by 0.5 percent. When we compare the MANA’s current market cap to yesterday’s, we can notice that the market cap is likewise down.
Decentraland is having difficulty gaining traction with other crypto currency. In the previous seven days, the MANA has dropped to around -3.97 percent. The currency has been demonstrating risky framing segments over the previous several days; the coin may have excellent fundamentals, but we do not believe it will be a successful asset in the near run.

However, when the present price is compared to the previous 30 days price history, it is shown that Decentraland’s worth has improved by 8.855 percent. The average monthly minimum price is $1.81, with a maximum average price of $2.14. This means that this coin is a suitable asset and a fresh addition to your long-term coin portfolio.

The 90-day price change is around -54.70 percent, and the price has ranged from a low average price of $4.66 to a high average price of $5.91 in the last 90 days.

Decentraland is down by -6.14 percent in the last four months, with the highest average price of the coin being around $0.86 and the lowest average price being around $0.80. According to our current Decentraland price forecast, the value of Decentraland will fall by -10.95 percent to $ 2.09 by March 18, 2022. Our technical indicators indicate that the present attitude is Bearish, while the Fear & Greed Index indicates Extreme Fear. Over the previous 30 days, Decentraland has 37 percent green days and 9.63 percent price volatility. According to our Decentraland prediction, now is not the time to invest in Decentraland.

Decentraland has support levels of $ 2.30, $ 2.28, and the strongest at $ 2.25 based on today’s traditional pivot point of $ 2.33. Similarly, the resistance levels for Decentraland are $ 2.35, $ 2.38, and $ 2.40.
The ICO price of Decentraland was $ 0.024, and the token sale closed on August 17, 2017. Since then, the MANA price has climbed 97.92 times versus the US dollar, 11.43 times against Ethereum, and 10.85 times against Bitcoin. Click here to learn more about the Decentraland ICO.

Decentraland’s best year was 2021, when the price of MANA grew by 4067.62 percent from $ 0.078 to $ 3.27. Decentraland’s worst year was 2018, when the price fell by -56.39 percent from $ 0.102031 to $ 0.04. Decentraland has grown at an annual rate of 885.53 percent during the previous six years. Decentraland typically performs best in Q1 with an average gain of 299.10 percent and poorest in Q2 with a gain of 2.01 percent.

To have a better understanding of what could happen to the Decentraland price in the future, look at Decentraland’s price history. The MANA/USD pair has lost -28.04 percent in the past month. MANA USD had a one-year performance of 340.48 percent.

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Mila

Mila doesn’t only cover Blockchain and crypto, but she does focus the bulk of her writing efforts on this emerging technology and how it is impacting not just US markets, but global markets too. From the British Virgin Islands to China, her reporting leaves no global crypto stone unturned. Her tenacity and candid opinions on the impacts of crypto and Blockchain have made her a leading voice in the industry and a top source of truth to the curious masses.

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