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NewsBTC 2022-09-18 13:01:09

MANA Under Sideways Motion In The Last 4 Months

The MANA relative strength index has shown growth which signals an increase in buying activity. New developments, partnerships in Decentraland contribute to price spike Decentraland social mentions amplified by 89.07% MANA price up by 1.04% There are so many exciting developments happening for Decentraland (MANA), such as the partnership of StadioPlus with LaLiga, a Spanish football league giant. The partnership allows LaLiga to feature themed plots of virtual land starred in Vegas City, which happens to own the biggest entertainment, games, and sports areas of Decentraland. With that being said, a bullish reversal is possible, off-shooting the $0.84 barrier and peaking towards the $1.26 mark. According to CoinMarketCap, MANA price has skyrocketed by 0.15% or trading at $0.7431 as of this writing. Related Reading: Zcash Sheds 14% Last Week, But Analysis Reveals Buying Opportunity MANA/USDT Pair: Sideways Rally The MANA/USDT pair is observed on sideways motion in the last four months. With this rally trend, the $1.15 resistance is now a barrier to any bullish outbreak. However, the $0.756 to $0.74 support levels have set an accumulation of active bullish activity. Following the retracement that occurred in the second half of August plus the massive sell-off in light of the flush of high CPI data, Decentraland’s price has diminished to the key support of $0.71. On the flip side, MANA has retested the support level many times, tr...

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