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Decentraland

MANAUSDT TECHNICAL ANALYSIS@EngineeringRobo cloud still RED CLOUD but getting closer to turn green in daily time frame, it already turned GREEN CLOUD in 3 hours time frame. Last multiple candles staying on down trend-line and if one candle open-close completely above to down trendline, this mean it will completely break out triangle , stay above to up trendline and it may gain more. We have received EARLY BIRD and BUY 2 signal from @EngineeringRobo as well. Let's follow our chart closely and do not forget to follow me as well. "NFA"
by ABSTOCKER
The Housing Market is About to Pop. How Does This Affect Crypto?The US Census Bureau recently published population numbers for cities across the US, and the numbers don't look too good: most large urban centers in the country have taken significant population losses in 2020-2021. Politicians and media pundits typically blame COVID and supply chain woes, though these trends were already happening even before the pandemic - the lockdown only accelerated what was already there. Los Angeles lost around 1% of its total population - which is already significant - but San Francisco and New York lost a staggering 6.7% and 6.9%, respectively. Most US urban centers have been struggling with a housing shortage crisis in the last few decades as housing costs, rents, and costs of living have been outpacing both inflation and wage growth exponentially since the financial crisis "recovery" in 2008. (This was around the time Bitcoin was invented, coincidentally.) In addition to rising crime, homelessness, and loss of quality of life, the well-paying jobs are also leaving the state citing high taxes and unfavorable business policies - giving people less reason to be there as well. The housing market is no different than other markets in that it operates on supply and demand. Housing advocates typically propose building more housing units (increase the supply) to bring costs down, but most cities have opted for the other "solution" - which is to bring costs down by decreasing the desirability of the city itself. (It's an unfortunate series of events, but it is what it is.) Nominal vs real pricing charts of US housing shows that listed prices are vastly inflated compared to its "real" value, which is contributing both to the bubble and the loss of quality in housing construction itself. San Francisco's Case-Shiller Index was chosen since it's objectively the most housing-inflated area right now, objectively speaking. The housing bubble is most likely to pop there, then cascade downwards onto other markets as people's faith in its growth starts to stagger. The reasons above (combined with the Fed's interest rate hikes this year) are why even Wall Street and big companies have taken an interest in crypto, NFTs, and metaverse assets lately, since they see it as a hedge against a weakened dollar and a recession (potentially a depression) looming in the horizon. At this point it's not a matter of "if", but "when". For crypto/metaverse investors, the thing to keep an eye on is the level of trust that the general public has in the banking system right now. When the housing bubble pops, it could potentially lead to a liquidity event of a magnitude never before seen, since technically there would be a lot cash sitting in people's hands, looking for places to invest. - The pessimistic outcome for crypto investors is the "money running scared" scenario - where panicked money runs back to the banks and other "conservative" investments assets (bonds, cash) that are seen to have less volatility overall. This may lead people to cash out and leave the crypto ecosystem altogether, causing a downturn in the asset class overall. Keep in mind, though, that housing, cash, and bonds have *traditionally* been seen as "reliable" investment choices, but in recent years those are the exact assets that have been inflating - which has lead many experts to question if they are functioning in the way it was originally intended overall. If that perception becomes shattered, a lot could change overnight. - The optimistic outcome for crypto investors is if the money that was intended for buying housing or other related assets becomes "free", potentially going into alternative assets, which includes crypto. Since a major housing bubble at this scale hasn't happened here there's not much data to show one way or another but we do know that the Evergrande crisis in China has had basically no (arguably inverse) effects on the crypto market as a whole. Panicked money may flow into crypto in ways never before if it's seen as a safe-haven against the turbulence of the housing market and the USD as a whole. Realistically, there will probably be a little bit of both going on, but being that the size of the US housing market is much bigger than the size of the crypto market cap, crypto needs much less of a % of money flowing inwards in order for it to grow. The housing market, on the other hand, has nowhere to go but down. Time will tell, but it would be advisable for people to be prudent about where to put their money this year, because a lot could happen very quickly as the United States faces its biggest financial crisis in decades in the near future.
FRED:SFXRSALong
by RyanTanaka
Easy 20% on MANAMANA has tremendous upside potential right now as you can see with the volume being ridiculously low which usually precedes a giga pump from what I've seen during the previous cycles. There is also that inverse H&S pattern forming on the 1D chart which is what we want priming it for an even more bigger pump ! Also after seeing synthetics, privacy and defi coins do giga pumps... Now would technically be time for the GameFi and Metaverse coins to do their giga pumps so expect a lot of volatility in those categories for the next 2-3 weeks. On top of that the full moon phase (which signals potential for a rally) has started and we can see the trend angle has declined to form a nice support around 2.30-2.40. First Tp is at 2.88 (20%) short term, second at ~3.60(mid-term) and a third one at 5.35(long-term) For each TP I sell around 20% of my stack which let's me get back my initial investment + some nice profits and still have 40% of my stack for HODLing until I'm satisfied. As always DYOR you are the only one you can really trust so I truly suggest you learn TA and FA so you can depend only on yourself 'cuz there is a lot of "influencers" being bought by projects and exchanges to shill coins only to make 'em pump and then dump on those who followed their advice. my goal is to provide the most accurate prediction for you guys to make it out as millionaires ! See ya soon traders ! take care of yourselves until then :D
BINANCE:MANAUSDLong
by SatoShinobi
Decentraland (MANA)Metaverse cryptocurrencies are popular among consumers searching for undervalued and underappreciated projects to invest in during the current crypto bear market. Years of experience in crypto have taught me that markets often exhibit a protracted and painful downturn followed by a brief bullish run in which you can easily see ten or twenty times your return if you invest in the correct projects. This article examines our selection of the best three Metaverse cryptocurrencies that you should include in your portfolio. $2.43 Decentraland (MANA) - $3.68 Billion Market Cap +7.7% in the last seven days
BINANCEUS:MANAUSDLong
by pahcheapflinab
MANA surge around the corner?Some would disagree, but to me it seems if the market goes bullish again MANA is prime for huge pump. Some bullish factors for crypto: 1) Biden signs EO embracing crypto 2) UAE embraces crypto 3) Ukraine legalizes crypto 4) Geo-political uncertainty, crypto alternative currency 5) Whales pulling BTC off exchanges by the billions 6) Ukraine/Russia conflict likely almost over (markets calm) For MANA, it's still a hype meta token where companies like Victoria's Secret and others are still, as of this past week, jumping on the decentraland bandwagon. For all the reasons I've listed on my chart, I'm leaning bullish MANA. Of course, it will move with the market at-large, so wide-spread sell-off destroys all bullish sentiment.
COINBASE:MANAUSDLong
by GunMoney
90
Why is Decentraland the Metaverse of Choice for Businesses?The metaverse market as a whole has been down for the last 3 months as we plod through this crypto "winter" - though it's worth noting that Decentraland is slowly closing the gap to Sandbox after its surge last year. But one trend in particular here sticks out -- the emergence of Decentral Games ($DG) coin, which is a project that focuses on casino-style gambling games that are playable directly on the metaverse. In a way it's not surprising -- if you've been on Decentraland lately you might have noticed something: the majority of traffic on the platform right now is clustered near two types of locations -- play-to-earn games (Wunderland, etc.) and casinos run by organizations like Decentral Games. DG is a coin that went all-in on Decentraland's future -- it named itself after the platform it built itself on, even. We've heard many well-known companies jumping into the metaverse but Decentraland seems to be metaverse of choice above all others. Why? After looking into the details of the more popular metaverse projects (Decentraland, The Sandbox, Cryptovoxels, Somnium Space...even platforms like Roblox or Meta) the one thing that makes MANA stand out is the fact that it's the most decentralized platform out of all of its competitors, and its governed by its own DAO in a transparent way. governance.decentraland.org While there may be many who might oppose DG on principle (taking an anti-gambling stance), DG coin is, too, run by a DAO as well. decentral.games We may not see the influx of money going into MANA until the next fiscal year, but the fact that the big companies (including JP Morgan who recently opened its "Onyx Lounge" in Decentraland recently) are going there is easily noticeable -- why? Companies that are planning on operating businesses inside the metaverse seek a platform that maintains its neutrality and largely stays out of its way. The other projects are all run by companies or teams with centralized control in the background - for businesses that have done its due-diligence, a truly decentralized platform is the only option that makes any sort of sense. Following the lead of DG, a lot of companies are hoping to create commerce layers on top of Decentraland to drive more traffic to its worlds, long-term. In a way, these trends is a validation of the decentralized model, since it encourages other projects to follow the success of the DAO model as a whole. Projects that are currently centralized may find itself being left behind long-term, as the partnerships and resources required to make Web3 models work migrate towards better (neutral) waters as a whole.
Long
by RyanTanaka
29
Why is Decentraland the Metaverse of Choice for Businesses?The metaverse market as a whole has been down for the last 3 months as we plod through this crypto "winter" - though it's worth noting that Decentraland is slowly closing the gap to Sandbox after its surge last year. But one trend in particular here sticks out -- the emergence of Decentral Games ($DG) coin, which is a project that focuses on casino-style gambling games that are playable directly on the metaverse. In a way it's not surprising -- if you've been on Decentraland lately you might have noticed something: the majority of traffic on the platform right now is clustered near two types of locations -- play-to-earn games (Wunderland, etc.) and casinos run by organizations like Decentral Games. DG is a coin that went all-in on Decentraland's future -- it named itself after the platform it built itself on, even. We've heard many well-known companies jumping into the metaverse but Decentraland seems to be metaverse of choice above all others. Why? After looking into the details of the more popular metaverse projects (Decentraland, The Sandbox, Cryptovoxels, Somnium Space...even platforms like Roblox or Meta) the one thing that makes MANA stand out is the fact that it's the most decentralized platform out of all of its competitors, and its governed by its own DAO in a transparent way. governance.decentraland.org While there may be many who might oppose DG on principle (taking an anti-gambling stance), DG coin is, too, run by a DAO as well. decentral.games We may not see the influx of money going into MANA until the next fiscal year, but the fact that the big companies (including JP Morgan who recently opened its "Onyx Lounge" in Decentraland recently) are going there is easily noticeable -- why? Companies that are planning on operating businesses inside the metaverse seek a platform that maintains its neutrality and largely stays out of its way. The other projects are all run by companies or teams with centralized control in the background - for businesses that have done its due-diligence, a truly decentralized platform is the only option that makes any sort of sense. Following the lead of DG, a lot of companies are hoping to create commerce layers on top of Decentraland to drive more traffic to its worlds, long-term. In a way, these trends is a validation of the decentralized model, since it encourages other projects to follow the success of the DAO model as a whole. Projects that are currently centralized may find itself being left behind long-term, as the partnerships and resources required to make Web3 models work migrate towards better (neutral) waters as a whole.
Long
by RyanTanaka
Quick jump to $2.41?Should MANA break resistance at $2.32, a quick jump to $2.41 can be expected. The market has been a drag across the board. On a good note, MANA has been able to stave off falling below a very critical $2.1950 in recent days, finding strong support at $2.21 area. It is currently on it's way up (again) from $2.21 with hopefully enough conviction to break $2.32. It is important to have this happen soon so that MANA can potentially capitalize further from the attention that "Fashion Week" in Decentraland brings to the metaverse.
BINANCEUS:MANAUSD
by keykomg