MANA token breakout
MANA (decentraland) breaking out of flag pattern it has been in since January 9th. I think there is a lot of upside potential for this coin right now. Fundamentals are strong and technicals are looking considerably favorable.
*Market cap currently only around $78,000,000
*Strong daily volume average around $8,500,000
*Decentraland marketplace opened March 19th and continues to draw new users
*Active LAND marketplace with many transactions daily
*Virtual reality platform industry leader
*The token actually has a current utility
I consider this one of the top crypto coins/tokens for upside in the coming years.
From a technical standpoint, I would be looking for MANA to settle above 0.000011 for two consecutive days before I am ready to believe a huge rally is imminent. The current chart structure does suggest a breakout to the upside has happened.
Remember, never invest more than you can afford to lose. You never go broke taking profits.
*Market cap currently only around $78,000,000
*Strong daily volume average around $8,500,000
*Decentraland marketplace opened March 19th and continues to draw new users
*Active LAND marketplace with many transactions daily
*Virtual reality platform industry leader
*The token actually has a current utility
I consider this one of the top crypto coins/tokens for upside in the coming years.
From a technical standpoint, I would be looking for MANA to settle above 0.000011 for two consecutive days before I am ready to believe a huge rally is imminent. The current chart structure does suggest a breakout to the upside has happened.
Remember, never invest more than you can afford to lose. You never go broke taking profits.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.