- MANA has had a percentage change of 3.87% in the last 24 hours.
- MANA-BTC is 0.00001955 BTC or -5.15% and MANA-ETH is 0.000283 or 2,52% and has the Volume / Market Cap of 0.06309.
- The coin has the transfers of 1172384 till date which is 230 more than the last 48 hours and the holders percentage increase is of .070% in the last 24 hours.
The EMA-10 has been mediocre since Thursday morning and shifting more below now. The Chart 1 shows the movement of the coin for the day where EMA-10 has been represented. EMA-10 has not only defeated its support level of EMA-30 but has also crossed the major support level of EMA-100 and has been descending further.
There has been a boom in the volume of the coin since the day before yesterday, 7June. The volume on 7 June was 68,154,428 and today it is 102,177,199. It is almost 1.3 times more than 7 June. Even the top 10 holders of MANA hold more than half of the rights, which is 57.97%. This is itself a great figure to know the worth of the coin. There are 4 dead holders and they provide great supply to the coin.
The last five days was a clear bear win and they have conquered well in the initial days. Bears marked the chart with lower high and lower low and marked the low of 0.642 and presently running at 0.717. This shows that the bulls are improving their performance.
The Chart-3 shows that EMA-10 instead of crossing the resistance level of EMA-30 has been sinking further from the support provided by the EMA-100.
The RSI for the day is 40.30 shows the neutral action and for the last 5 days, 52.10 shows the same action.
The chart above is showing the functioning of EMA-10 as dropped. It was a mixed start for the day of the coin and EMA-30 has tried hard to provide support to EMA-10 but failed lately.
The above chart depicts the movement of the coin for the last five days and the rectangle marked in green shows the deep fall of the coin.
The chart above tells for the coin’s day ahead and it seems that the coin would sink further, even the FIB retracement tells the same. Although the EMA-10 is below EMA-100 which indicates there would be a decline in coin price.
Conclusion: The coin holds potential and has the chances of breakout anytime soon. But with the ongoing situation of the coin there is some time left for the coin to move up. However, the volume and transaction of the coin is increasing tremendously. This shows that the traffic believes in D’MANA.