Decentraland (MANA) Update 29/11/21: $12.45 Target🎯 Potential 146% Gain from the current price. Since the 13 EMA crossed up above the 50SMA on the 26th October, Decentraland (MANA) has been in parabolic impulsive wave from $0.75 to $5.71. This was a 600% move in just under 30 days from the 26th October to 26th November where MANA set a New ATH @ $5.71. From the current price we expect MANA to push above the ATH once more before a much needed cool off period where we can see a weak retracement before the next leg up. Use the Buy Zone to map your Buys whether you're accumulating or want to enter. I believe the range between the 50% and 61.80% is the optimal level to sniper in at the current levels. It is important to note, although we are expecting a cool off period in MANA, we can expect continued growth for MANA in the longterm.
Our current targets for Decentraland (MANA) from the current price level @ $4.99
127.20% fibs @ $7.15 (42% Gain)
161.80% fibs @ $8.98 (77% Gain)
261.80% fibs @ $14.28 (182% Gain)
423.60% fibs @ $22.85 (352% Gain)
Use Buy Zone to map out your entry. Please see previous analysis below. Happy Trading :)