Cryptoknowmics
2022-11-12 13:40:38

MANA Technical Analysis: Decentraland Below $0.50, Indicate Breakout Entry

According to technical analysis, the MANA price action displays a prolonged bullish weakness after falling below the crucial $0.50 support level. Decentraland (MANA) price actions have been swept away with the market sentiment which is overtly bearish after the FTX fiasco uncovered early this week. MANA also witnessed a strong downtrend losing over 7.64% in the last 24 hours. As the coin dropped below the crucial support level of $0.50, the selling pressure mounted in the market to further take down the price with the declining trend approaching the long-coming support trendline. The price struggled to cross the 50-day and The post MANA Technical Analysis: Decentraland Below $0.50, Indicate Breakout Entry appeared first on Cryptoknowmics-Crypto News and Media Platform .

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