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MANA Possible break and bull run out of falling-wedge (4 HOUR)Thank you for coming today!! 👋💲 I was just checking out a chart of our popular MANA 💧 token, and we see on a 4 hour view a nice falling wedge pattern🆗. For a good open position, it is wise to see if we can break this structure and have a healthy retest before entry. (It is always possible we break and impulse correct downwards, but I do not think that is likely.) If we drop below approximately 0.66 I would say we are going down to retest the bottom of structure once again. 🔎📌 MANA💧 🌡 is a token used to make it easy for users to own and trade digital land . Sounds crazy but its very popular 🏕🏙🛤🛣😅. It is correlational to ETH , so remember to keep an eye on ETH if you decide to invest in this token. I have listed above my buy points and target points🆗💧. (For more on ETH feel free to look at ETH chart and fundamentals linked to this post😃) About 3 months ago, MANA reached it's all time high price of $1.63 USD, I think we can easily see at least $0.88 in the near future. Long term price prediction is more in the 4 dollar range for this year. However, I believe that with the collapse of fiat, both digital and tangible real estate will become increasingly popular this year. Optimistically my price prediction for MANA💧 goes as high as 10 dollars within the next 2 years. ⏬⏬ Reason being: Decentraland at the beginning of 2021 had approx. 1.5 thousand users, to date there are approx. 20,000 users 👉 1233.3% increase in number of users in less than a year, imagine what the next couple years can do! Just 3 weeks ago a plot of land sold for almost 1 million dollars on Decentraland, let's not overlook this token/Dapp! Let's see and always remember ⏬⏬ 🛑This is not financial advice🛑 Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you! Jazerbay ☯
Long
by jazerbay
25
Per Request: $MANA is Quite Slow MarketMANA is quite overvalued i think. Because it has 2.6+ billions total supply and 1 billion on the circulating, ranked as #80 on the coinmarketcap at the current moment. This token engaging in virtual reality industry. I barely know, this such thing can be so stabled even on the bear market. And Wow... it listed on many markets more than I expected. 46 markets, huge. Why am I so surprised. Upbit, Bittrex, Binance, Huobi, OKEx and the rest, wow I should've found this from the beginning. It just out of my radar. Started out from only one hundreds plus before the December 2017, now it's quite "Stable" above thousand sats-ish. Mana chart is not something that i really love if i'm a swing or day trader, less volatility means less up and down, means less chance to get a huge profit. If you're a vision investor, MANA could be one of your choice. Support should be around 929 - 839 sats. You can put buy other right there. or 1000 - 1050 sats are also fine. Target? 1760 to get out of my initial capital and let the rest riding. If all of these ideas I posted helps you just give me thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
by blockchaindedi
6