- The coin has a 24-hour trading volume of 41,546,272 and the MANA is down by 5.02%.
- The day’s range for the token is 0.6174 – 0.681.
- The MANA-BTC pair is trailing at 0.00001806.
The coin has recently been utilized for trading in the gaming sector on the Ethereum network. A digital real estate investment firm, Republic Realm used nearly 1.3 MANA to acquire the digital estate.
Decetraland firm is a virtual base and it allows the users to sell, buy and build on virtual land plots and this purchase could be done with MANA tokens.
The top 10, 20, 50 and 100 holders for MANA have holdings of more than 50% and the number of active addresses is 1493 in the last 24 hours.
The coin trend has been bearish from 25 May and is still continuing. The token has provided the return in a gradually decreasing order. Starting from 25 May to 2 June the coin has provided a return of 36%. Then from 3rd June to 11th June, the return was 29% and then from 11-19 June, it was 21%. So here we see a pattern followed for every seven days starting from 25 May and the fall in percentage is seen to nearly 7%.
The chart above shows the movement of SMA along with RSI. The SMA-20 has been running well below SMA-200 but SMA-50 is chaseable. RSI shows the neutral action with the value of 41.90 and shows the neutral action.
Conclusion: The coin is running at the price level of 0.6460 and in the coming time the coin might show a lack of 14% in the next one week and might hit the level of 0.5405. However, if you want to hold the coin for long-term perspectives then you may but no short-term profits are visible. Well, you never know when things could turn volatile.
Technical Instruments:
Pivot: 0.6443
R-1: 0.6443
R-2: 0.6444
S-1: 0.6443
S-2: 0.6442