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MANAUSDT

MANA Decentraland and the Altcoin Season ThesisIf you haven`t sold MANA here: Then you should know that the recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season. With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space. This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin. The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market. The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins. The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities. Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list. This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including MANA Decentraland, for which my price target is $0.50. Looking forward to read your opinion about it!
Long
by TopgOptions
MANA Decentraland is considered a security by the SECIf you haven`t sold MANA here: Then you should know that recently the U.S. Securities and Exchange Commission (SEC) classified Decentraland (MANA) as a security. This means that MANA, the native cryptocurrency of the Decentraland virtual reality platform, is now subject to securities regulations and requirements imposed by the SEC. The decision to categorize MANA as a security by the SEC signifies that it is considered an investment contract, representing ownership or participation in a particular project or platform. As a result, Decentraland and MANA will be subject to compliance with applicable securities laws, including registration, reporting, and other regulatory obligations. This classification by the SEC highlights the increasing scrutiny and regulation of cryptocurrencies, particularly those involved in projects that resemble traditional securities offerings. My short term price target is $0.35. Looking forward to read your opinion about it.
Short
by TopgOptions
✴️ Decentraland 1,2,3,4 Steps Pattern After Perfect Zig-ZagI've always loved to do things early, work early, wake up early, meditate early, open up my Crypto trades early; buying early... It has its advantages and pitfalls. One of the advantages is that you get bigger, better, higher earnings potential, the initial move is always fast and strong. One of the pitfalls is that you are less certain as the confirmation is yet to come. For Decentraland, MANAUSD, the bias is bullish based on the move that started in January 2023. This move (#1) is the initial bullish breakout and sets the tone of what is happening. What follows is a correction and in this case we have a perfect zig-zag, low (#2) followed by a lower low (#3), with prices bouncing perfectly so far off the 0.786 fib. retracement level. Now, that's one of the cons of being early, it can go lower before reversing but the reversal is sure to come and that's #4, the new bullish wave that is about to develop all across in the days, weeks and months to come. That's the 1,2,3,4 Steps Pattern for you. Thanks a lot for your continued support. I miss you! Namaste.
CRYPTO:MANAUSDLong
by AlanSantana
MANA - Time For Lift Off!In our last analysis for MANA, we identified that we were in subwave 2 of wave 5. We are now at the extremes of the subwave 2 as we're touching the ascending trendline which we anticipate to be respected. Our hard stops will remain below invalidation level but we can capitalise on a risk entry now. For a safe entry, we can watch for the red trendline to break, which will still be relatively early in the move. Trade Idea: - For a risk entry, enter now with stops below the wedge OR safer stops below invalidation level - For a safe entry, enter on break of red trendline - Targets: 6, 15, 40 Goodluck and as always, trade safe!
BINANCE:MANAUSD
by WicktatorFX
4
MANAUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Targets: 0.7 - 0.9 - ~1.05 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
1
Decentraland MANA price can be one of 1st to start a rising waveToday we will talk about the prospects for the price of the Decentraland token - MANA But first, please like our previous idea MANAUSDT, which has perfectly worked out the sales area and recently the purchase area for 4 months. It looks like the MANAUSD price has completed its correctional wave (2) and is now trying to start a growth wave (3). Wave (3) is considered to be the longest, and given that there are many liquidity zones above, the path of growth will not be easy. However, we have schematically depicted on the chart how the growth and correction waves can look like. The intermediate targets for MANA's price growth are $0.90 and $1.85. The final selling zone for MANAUSDT, which is now visible in the probable wave (3), may be in the area of $2.25-2.50. What do you think, will such a positive scenario work out given the current pessimistic sentiment in the cryptocurrency market?) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
33
🚀 MANA TRIANGLE BREAKOUT INCOMING? KEY LEVEL AT $0.48! 📈 🔥Hi, friends! Mana is consolidating inside a huge triangle since mid-January. I think it's time for this altcoin to show all its strength. The most important key level is at $0.48. The false breakout of it will be a huge trigger for MANA growth. 📊 TRADING PLAN FOR MANA: 1. false breakout of the key level $0.48 2. volume growth 3. bullish BTC is a must-have for altcoins growth ✅ MY TARGETS FOR MANA: 🔥 $0.58-0.62 - the value area 🔥 $0.7 - the key level 🔥 $0.85 - the local high 💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
5
MANA-MANIA! Don't Miss Out!MANA is looking like its almost ready for a MASSIVE move.. At least 1000%. We can see that we are currently in a 5 wave move higher. Wave 3 had a nice 5 subwave breakdown. We can use that framework to figure out what's next for wave 5. Subwave 2 of wave 3 was a tight correction and we are seeing almost an identical tight correction for subwave 2 of wave 5. Great thing about this is that we have a strict invalidation level. Trade Idea: - Watch for a breakout of subwave 2 - Enter with stops below the correction (or safer stops below invalidation level) - Targets: 6, 15, 40 Goodluck and as always, trade safe!
BINANCE:MANAUSD
by WicktatorFX
12
✴️ Decentraland Hits Bottom? -95% From All-Time HighIt is possible that MANAUSDT (Decentraland) hit bottom after dropping 95% in value from its All-Time High. The weekly RSI is at its lowest level ever and continues moving lower. The current price hit its lowest level since February 2021. Altcoins tend to correct between and 90-98% in bear markets so this one is very likely done. We are seeing altcoin after altcoin hit bottom... Once we hit bottom, the only place left to go is up. Get ready. Prepare... The next altcoins bull market is going to last a long while and it will be the strongest we've seen so far. Namaste.
Long
by AlanSantana
5