- The MANA coin price breaks above the 55-EMA during intraday.
- The 24-hour trading volume is at $63 million.
- MANA/BTC pair is trading positive by 5.6% at 0.00001322 BTC.
On the daily price chart of MANA coin, The Moving Average (EMA), which includes the 8,13,21,55 EMA, acts as reliable support for currency price movements. Investors may notice price bounce off the yellow line, ensuring a MANA uptrend until the price resides above all the EMA’s.
Trading volume (9.177 M) is above the 20-day moving average (15.701 M). The volume is moderate, so the cost is moving upside. Investors may also find that the volume is decreasing. This indicates that unusual fluctuations are common in the following trading days.
MANA Coin Price Gradually Moving Towards The Support Zone
MANA coin daily price charts show an uptrend. Based on the price action, the support zone is located at 0.60- 0.65 USDT. On the other hand, the resistance zone to look for is 1.05- 1.10 USDT. Therefore, the chart shows a bullish harami candlestick pattern during the day.
The RSI showed a 58 (bullish) signal, Expecting to buy in the short term. Investors may find that the RSI line is sloping up on the indicator. It may rise in futures trading.
The MACD shows a cross (bullish) above the signal line on October 19, demonstrating a buy signal in the coin. Additionally, Investors can see green bars on the Histogram index.
Conclusion
Decentraland is currently trading at $0.833335 with a 24-hour trading volume of $63,511,119. The mana price has increased by 5.3% in the past 24 hours. 1.3 billion MANA coins are in circulation, making a total of 2.19 billion coins.
RSI and MACD indicate a buy signal. Traders have directed moderate volume. In fact, the cost is moving towards the resistance zone. A market overview also shows that this pattern will continue to rise in the coming trading days.
Resistance Level: $1.05 – $1.10
Support Level: $0.60 – $0.65