Decentraland Price Prediction: Today’s Decentraland (Mana) Price, 9th March 2023
Decentraland (MANA) is currently trading at a price of $0.57 USD, with a 24-hour low of $0.5657 and a high of $0.5886. The token’s price is currently below its 20, 50, 100, and 200-day EMAs.
During intraday trading, the MANA/BTC pair was trading at 0.00002576 BTC, down 0.16%.
Decentraland Today’s Price
Decentraland price today Is $0.5717254 USD
According to price analysis, Decentraland is currently in a downtrend. The token experienced a significant decline after 2022, indicating that sellers had taken control of the market from the beginning of that year.
Decentraland Price Prediction
However, buyers returned to the market in May 2022, allowing the token to surpass its secondary resistance level of $0.861. Unfortunately, sellers took control again and pushed the token below its primary support level of $0.610.
decentraland (mana price)
The token continued to trade below its primary support level due to seller pressure, with the last day of 2022 marking a new 52-week low.
mana price prediction
The token began to move upwards again at the start of 2023, breaking through its primary support and resistance levels along the way. However, once the token touched its secondary resistance level, it fell back down due to the shooting star candlestick pattern, giving sellers the upper hand in the market.
MANA price prediction $1000
In the past 24 hours, the coin’s volume has decreased by 19.44%, which suggests an increase in the number of sellers. This indicates that sellers are currently dominant in the market, and there is a correlation between volume and MANA price, indicating strength in the current bearish phase.