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Manalong

Decentraland / MANA Decentraland price today is $0.58 with a 24hour trading volume of half a billion dollar. MANA price is up 96% in the last two weeks Decentraland is a decentralized, traversable, three-dimensional, virtual reality platform being built on the Ethereum blockchain. The platform focuses on the ownership of parcels of digital land where users can create unique environments in a virtual world. Content creators will be able to prove ownership of, and capture value from, their contributions to the platform. Users will be able to traverse unique areas of content, which can be clustered into districts, giving content creators targeted traffic and allow for spatial discovery of new content by users. Currently, users gather, interact, share content, and play games primarily on large proprietary platforms like Facebook. The team believes that a decentralized model will allow participants to realize several benefits over current centralized services. Users and contributors will be able to benefit from transactions that occur on the platform, instead of allowing some or all of the revenue to flow to a single party. Furthermore, a decentralized platform will reduce the risk of censorship and vulnerabilities due to infrastructure failures or security breaches. Decentraland uses two tokens, LAND and MANA, which allow users to interact with the platform. Individual ownership of land parcels are represented by non-fungible LAND tokens containing the coordinates of a single point on the grid and a reference to the details of each parcel. Ownership details are managed through a ledger on a smart contract. To acquire LAND users must burn ERC20 based MANA tokens. MANA tokens are also used for the purchase of in-game goods and services. Mana first big resistance is 0.9$ and 0.4-0.5 is a good dip zone. monthly MACD and RSI giving positive and buy signal too
Long
by moonypto
9
MANA Accumulation phase. BINANCE:MANAUSDT Last time Mana spent more than 150 days in accumulation zone before uptrend move. Probably if we find out resistance at sellers zone (marked red block) locally, we can drop once again to buyers area (marked green box) Mana lost 86% since ATH so its good time to accumulate Mana now step by step. If you worry about your investments you can fix 50% of your investments in Mana at sellers zone and leave free coins. Now we only 80 days in accumulation period, so probably by end of October/November we can formed final bottom and start climbing up. On chart we can see now so low volume on both sides. We retested 0.618 Level by FIB on D1 Timeframe and going out of downtrend line, so yes, hypothetically we can trade 80 days more in sideway. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. * Look at my ideas about interesting altcoins in the related section down below ↓ * For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
4
MANA long term opportunityChart analysis is simple, it has the potential to simply follow the ascending channel. I don't publish the wave analysis for the sake of clarity but may 22' indicates the end of 2 years cycle. A strong downward breakout invalidate the pattern but chances are low. I think Decentraland (MANA) is a well established crypto project, it has real utility but right now is undervalued. MANA has an established metaverse and far more succesful altcoins are promising a metaverse... I can't see strong reasons to this project falling into oblivion.
Long
by Yorokobi1272
2
MANA (decentraland) printed PI CYCLE TOP : BEARISH scenarioMarket is highly uncertain right now but MANA printed PI CYCLE TOP which is a super BEARISH signal. DMA24 is at 2.8802 and DMA50 is at 2.8945; and both these lies b/w DECISIVE candle body. SO, ZONE to watch right now is from $2.9800 to $2.7531. BREAK below $2.7531 lead to massive BEARISH crash which may broke $1.705 and wick can reach upto $1.1067. MANA is a long term project but right now has to maintain above $2.98 for BULL world. www.tradingview.com TRADE LESS,TRADE SMART. INDICATORS used in analysis are made by TOP LEGENDS of TRADINGVIEW.
Short
by cryptopreet
7