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MANA price looks convinced to bring in more gains as it extends the previous week’s gains. An acceptance above the downside trend line will set up a roadmap for the continuation of the upside momentum.

Mana price trades higher with respectable gains.
A break above the descending trend line amid buying pressure will see more gains towards $3.40.
The immediate downside could be found at the 50-day EMA at $2.62.

MANA price looks for further upside gains
Source: Trading view
On the daily chart, the MANA price is facing an upside barrier near the descending trend line from the highs of $3.55 made on February 9. However, the price stands comfortably above two crucial moving averages of 50-day and 200-day EMAs at $2.61 and $2.42 respectively.
In addition to that, the trading volume also supported the current price action. A break of the bearish slopping line will open the gates for further gains in the asset.
A daily close above the bearish trend line with sustained buying pressure will target the horizontal $3.20 resistance level.
Next, market participants will aim for the highs of February 16 at nearly $3.40.
On the flip side, a fall below the session’s low will invalidate the bullish theory for the price. The first downside target could be found at the 50-day EMA at $2.61.
A resurgence in the downside pressure would further exploit the horizontal support level at $2.40.
As of writing, MANA/USD is trading at $2.76, up 0.99% for the day with a 24-hour trading volume of $487,761,731 according to the CoinMarketCap.
Technical indicators:
RSI: The daily Relative Strength Index traded above the average line. It currently reads at 60 which indicates the market is still far from over-heating.
MACD: The Moving Average Convergence Divergence inches above the midline with a bullish bias.
Trending Volume: The On Balance Volume indicator shows increased demand pressure along with gains in price.
The post Decentraland Price Prediction: MANA Price Advances Toward $3.40 Amid Sustained Buying Momentum appeared first on CoinGape.


MANA price looks convinced to bring in more gains as it extends the previous week’s gains. An acceptance above the downside trend line will set up a roadmap for the continuation of the upside momentum. Mana price trades higher with respectable gains. A break above the descending trend line amid b...

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Decentraland Price Prediction: MANA Price Advances Toward $3.40 Amid Sustained Buying Momentum

Mana price prints gain for the fourth straight day on Thursday. Although, the price moves in a range-bound manner but with a bullish bias. The price touched two-week highs near $2.60. Thus, resulted in the breaking of a short-term trading range.

MANA price trades higher with significant gains.
A daily close above $2.60 will set the direction for $3.50.
The 200-SMA capped the downside risk in MANA price.

As of publication time, MANA/USD reads at $2.60, up2.44% for the day with a 24-hour trading volume of $779,272,033 according to the CoinMarketCap.
MANA price ready to move further up
Source: Trading View
On the daily chart, the descending trend line acts as a strong resistance barrier for the bulls, which extends from the highs of $3.55. The price attempted to cross the resistance line on February 9 but failed to do so. In addition to that, depreciated nearly 30% from the February 16 highs and briefly fell below the critical 200-day EMA (Exponential Moving Average) at $2.41.
Currently, the MANA price is again making an attempt to breach the bearish slopping line. If that happens, in that case, the road will be clear for $3.0 next.
Furthermore, an acceptance above $3.0 with sustained buying pressure will take out $3.50 easily.
On the other hand, a failure to give a daily close above the trend line will invalidate the bullish outlook. The first downside target is placed at $2.40, which coincides with the 200-EMA.
Technical indicators:
RSI: The daily Relative Strength Index pierced above the average line with strong bullish momentum. It currently reads at 52.
MACD: The Moving Average Convergence Divergence attempted to cross above the midline. An uptick in the indicator will strengthen the upside outlook.
Trading volume: The On Balance Volume (OBV) rose in accordance with the price indicating increased demand as the price gained.
 
The post Decentraland Price Prediction: MANA Price Breaks Short-Term Consolidation; Next Aims For $3.50 appeared first on CoinGape.


Mana price prints gain for the fourth straight day on Thursday. Although, the price moves in a range-bound manner but with a bullish bias. The price touched two-week highs near $2.60. Thus, resulted in the breaking of a short-term trading range. MANA price trades higher with significant gains. A ...

Decentraland Price Prediction: MANA Price Breaks Short-Term Consolidation; Next Aims For $3.50

MANA price extends the previous two session’s gains. The price found reliable support at $2.25. Earlier, MANA depreciated 59% from the highs of $3.55.

MANA edges higher on Wednesday with modest gains.
A break above the bearish slopping line would test $3.06 next.
The downside is limited to the 200-day EMA.

MANA price remains pressured near $2.50
Source: Trading View
MANA price faces rejection near the critical $2.50. The descending trend line from the highs of February 9 acts as a strong resistance barrier for the bulls. Currently, the price is hovering near an inflection point, where MANA is preparing to explode.
MANA’s price holds near the critical 200-day EMA (Exponential Moving Average) at $2.41. A renewed buying pressure might push the price above the bearish slopping line. On moving upside, the immediate hurdle will be located at 50-day EMA at $2.61.
A sustained buying pressure will take out the horizontal $3.06 level. In total an ascent of 24% from the current levels.
On the flip side, if the price falls below the session’s low then it will neglect the bullish theory. This will also coincide with the break of the critical 200-EMA. In that case, MANA price could revisit the horizontal support level at $2.25. A daily close below this level will accelerate the selling toward the $2.0 mark.
As of press time, MANA/USD reads at $2.46, up 1.15% for the day. The 24-hour trading volume holds at $371,339,212.
Technical Indicators:
RSI: The daily Relative Strength Index comfortably trades above the average line. It reads at 47.
MACD: The Moving Average Convergence Divergence hovers below the central line with bullish momentum.
 
 
 
 
 
The post Decentraland Price Prediction: A Descending Trend Line Breakout Advances MANA Price Toward $3.06 appeared first on CoinGape.


MANA price extends the previous two session’s gains. The price found reliable support at $2.25. Earlier, MANA depreciated 59% from the highs of $3.55. MANA edges higher on Wednesday with modest gains. A break above the bearish slopping line would test $3.06 next. The downside is limited to the 20...

Decentraland Price Prediction: A Descending Trend Line Breakout Advances MANA Price Toward $3.06

The exclusive beauty brand Estée Lauder is ready to enter the metaverse through Decentrand. According to WWD, the domestic brand will unveil its first non-fungible token (NFT) during the Decentraland’s Metaverse Fashion Week scheduled from March 24 to 27. The NFT is inspired by its product, Advanced Night Repair.
Estée Lauder to give away 10,000 NFTs
The brand has planned to award up to 10,000 NFTs during the event. Avatars in the metaverse will be able to go inside the product’s brown apothecary bottle to receive the wearable NFT. This will give the users’ a ‘glowing, radiant look’, reports WWD
Stéphane de La Faverie, group president of the Estée Lauder, said that the effort “marks a pivotal point for Estée Lauder in how we reach and engage new and existing customers in the metaverse.
A cosmetic brand getting into the metaverse cannot be surprising as many businesses from different categories including banks and investment bodies have already got into the virtual world. Earlier, Clinique debuted its first NFTs, P$G introduced BeautySphere, its own virtual world.
Jon Roman, senior VP of global consumer marketing and online, Estée Lauder said At first, we are really looking for compelling events where we can participate and reach this new consumer.
Recently, Decentraland reminded users that fashion week is just a few days away. To collect the gears one needs to have a digital wallet, so, set up your wallet to begin your journey into the Metaverse.
Meanwhile, Samsung shared its 837X is live in the Metaverse. Users can go and explore mysterious worlds.
On the market side, the Decentraland token is trading at the average price of $2.46. MANA’s 24-hour trading volume of $460,573,029 has seen a surge of 43%. According to coinmarketcap, the MANA is ranked at 32nd spot with a live market capitalization of $4.5 billion.
The post Breaking: Cosmetics Giant Estée Lauder Gets Into Metaverse With Decentraland appeared first on CoinGape.


The exclusive beauty brand Estée Lauder is ready to enter the metaverse through Decentrand. According to WWD, the domestic brand will unveil its first non-fungible token (NFT) during the Decentraland&#8217;s Metaverse Fashion Week scheduled from March 24 to 27. The NFT is inspired by its product,...

Breaking: Cosmetics Giant Estée Lauder Gets Into Metaverse With Decentraland

On Monday, Tommy Hilfiger has announced the company is joining the inaugural Decentraland Metaverse Fashion Week from March 24th to March 27th, 2022. During the Metaverse Fashion Week, the American fashion design firm said it will showcase its Spring 2022 collections and provide consumers with a “digital retail platform” that features Tommy Hilfiger-crafted NFTs.
American Fashion Designer Tommy Hilfiger Is ‘Inspired by the Power of Digital Technology’
At the end of February, Decentraland, the virtual blockchain metaverse, announced the project’s first Metaverse Fashion Week (MFW) would take place this year. Additionally, Decentraland mentioned that visitors would see appearances by Dolce & Gabbana, Selfridges, Jacob & Co, Franck Muller, Garrett Leight, Cavalli, and The Fabricant. It was also noted at the time that the American fashion design firm Tommy Hilfiger would be in attendance. On March 21, Tommy Hilfiger explained that joining the Decentraland MFW represents the “brand’s focus on digital innovation and exploring new consumer channels.”
Tommy Hilfiger further detailed that it partnered with Boson Portal, a metaverse marketplace that offers a “virtual lifestyle and cultural playground located in Decentraland.” The announcement on Monday notes that a Tommy Hilfiger store will be located within Boson Portal. Interestingly, the items from the Tommy Hilfiger store are purchased as non-fungible token (NFT) assets, but owners can redeem the NFTs for “physical products delivered straight to the customers’ door.”
“Consumers can teleport their avatar to the virtual store and shop a select range of limited-edition products from the Spring 2022 Tommy Hilfiger collection,” Boson Portal details. “Visitors will encounter floating 3D renders of signature styles, including the varsity jacket for men, the madras shirt for women and a unisex hoodie featuring the iconic Tommy Hilfiger logo.”

The American fashion designer and the founder of the company, Tommy Hilfiger, explained that when he created his company he never thought that fashion events could be hosted virtually. “When I founded my namesake brand in 1985, I never imagined I’d see a time when fashion weeks would be held in a 3D, fully virtual world,” Tommy Hilfiger said in a statement sent to Bitcoin.com News. Hilfiger added:
As we further explore the metaverse and all it has to offer, I’m inspired by the power of digital technology and the opportunities it presents to engage with communities in fascinating, relevant ways.

The co-founder of Boson Protocol, Justin Banon, said his firm looks forward to working with the iconic fashion brand and Banon believes the move is during a “pivotal moment that will form the bedrock of the future within the fashion and technology industries.” In addition to the Boson Protocol metaverse marketplace, the announcement further notes that Tommy Hilfiger-brand Decentraland wearables will be able to be obtained via the Decentraland marketplace as well.
What do you think about Tommy Hilfiger showcasing the company’s Spring 2022 collections and selling NFT wearables in Decentraland? Let us know what you think about this subject in the comments section below.



























On Monday, Tommy Hilfiger has announced the company is joining the inaugural Decentraland Metaverse Fashion Week from March 24th to March 27th, 2022. During the Metaverse Fashion Week, the American fashion design firm said it will showcase its Spring 2022 collections and provide consumers with a ...

Decentraland price	$1.10
Low - High 24H	$1.07 - $1.12
Market cap	$1.65B
Volume 24H	$258.48M
All time high	$5.85 -81.13% November 25th 2021
All time low	$0.009237 11854.66% October 31st 2017
Genesis date	N/A

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