- MANA coin price action is in an uptrend of 2.3% during the intraday trading session.
- The 24-hour trading volume is at $190 million.
- MANA/BTC pair is trading positive by 2.3% at 0.00001796 BTC.
The daily technical chart of the MANA coin displays an upward trend. According to the pivot levels, the primary support level is $0.68. On the other side, if it rushes up, the resistance level to follow is $0.88. Although the chart forms a Doji candlestick pattern within the day, it is predicted that the price may remain sideways with medium reliability.
The Zig-Zag framed a top of $1.67 on Apr 17. After that, investors can notice a massive correction of 75%, all the way low to $0.37. Now price levels are back around the range of $0.80 this week.
The volume of (406.70K) is beneath the MA of 20-days (4.958M). As a result, volume is low in MANA, causing its price to struggle around the resistance zone. Investors may also mark that the volume bars on the chart are declining, which intimates that notable volatility is expected in the upcoming trading session.
The Stochastic RSI (bullish) with a value of K-80 D-82 presents a buy signal in the coin. Investors may observe an inclining slant and a negative crossover in the index. It may remain in positive territory for future trading sessions.
MANA Coin Shows no Signs of Turning Down
The price of Decentraland today is 0.827067 US dollars, and the 24-hour trading volume is 176,823,226 US dollars. The price of MANA has increased by 4.3% in the past 24 hours. Its circulation is 1.3 billion MANA coins, with a total of 2.19 billion. In addition, the price moves around the resistance zone. The Stochastic RSI indicator shows a buy signal, and the traders have guided low volume. Technically, the price shows signs of positivity and remains in an uptrend. Therefore, as with overall market sentiment, the trend remains bullish.
Resistance Level: $0.88
Support Level: $0.68