SHOCKING chart for Decentraland to drop the VR coin to 0.1057
Another shocking pattern has formed for another VR Ethereum Blockchain crypto coin.
Decentraland is a blockchain-powered virtual reality platform where users can create, experience, and monetize content, applications, and virtual land.
It is built on the Ethereum blockchain, making use of smart contracts to secure ownership of digital real estate and assets.
If you saw my bearish outlook for Ethereum in 2025, we can understand why this is linked.
Not only has Virtual Reality taken a step back from the world as either the world is not ready for such tech or that the headsets are still bladdy heavy, doesn't last long and makes you feel like you're wearing weights on but - we are seeing the signs that VR is not the future YET.
Anywho, going back to the technical analysis.
Price<20 and 200MA
Inv Cup and Handle
Target 0.1057
What can save this VR coin?
Decentraland is a blockchain-powered virtual reality platform where users can create, experience, and monetize content, applications, and virtual land.
It is built on the Ethereum blockchain, making use of smart contracts to secure ownership of digital real estate and assets.
If you saw my bearish outlook for Ethereum in 2025, we can understand why this is linked.
Not only has Virtual Reality taken a step back from the world as either the world is not ready for such tech or that the headsets are still bladdy heavy, doesn't last long and makes you feel like you're wearing weights on but - we are seeing the signs that VR is not the future YET.
Anywho, going back to the technical analysis.
Price<20 and 200MA
Inv Cup and Handle
Target 0.1057
What can save this VR coin?
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.