Decentraland

Get Decentraland (MANA) all time high price, historical charts, latest news and other information.

The MANA cryptocurrency used in Decentraland has clearly seen better days. From its 2017 high of $5.85, MANA has dropped 80% in value in the last 12 months, as shown by the most recent available data.
Presently, a share of MANA can be purchased for as little as $0.4773. Investor confidence has tanked in light of the current market situation, making a comeback for the crypto a little difficult.
As a result, the question arises as to whether MANA has any chance of survival or whether it is a cryptocurrency that has already passed its expiration date.

Tough Road Ahead For MANA
Investors, traders, and would-be buyers should not expect MANA’s current position to work miracles, as the market has turned hostile due to the panic caused by the ongoing FTX disaster 
Technically, the token is not doing very well either. Token prices are hovering above the 50 percent Fibonacci retracement line. Furthermore, it has recently experienced a reversal in price action.
The RSI readings, which are currently in the oversold portion of their range, lend credence to this theory. However, the Chaikin Money Flow index is not promising.

Chart: TradingView
The current reading of -0.25 for this indicator suggests that bears are in complete control of the market. The current trading range for the day sits between $0.4566 and $0.7389.
The connection between the token and the Metaverse may have contributed to a number of price-increasing variables. Recently, a parcel of Metaverse land in Decentraland was purchased for $15,585, or approximately 30,000 MANA coins.
Such advancements bring MANA and Decentraland into the limelight, increasing interest in the coin and the protocol.
However, these may be short-term improvements. Despite the developing retreat, the EMA ribbon continues to suggest shorting the currency as the downtrend persists.
Crypto Winter Freezes The Token
As the crypto winter freezes MANA from its tracks, the token’s price can either breach the present support at $0.4566 and fall to a new low of $0.3522, or it can breach the immediate resistance at $0.5287.
However, bulls should defend the $0.4566 support line, as a breach of this line could spark further selling.
Investors and traders in MANA should also monitor the prices of Bitcoin and Ethereum, as MANA has a correlation of 0.98 and 0.94 with the two leading cryptocurrencies, respectively.
When the market rebounds, MANA will follow the performance of the other two cryptocurrencies. But for the time being, bulls should concentrate on consolidation and possibly target the 61.80 Fib level.


MANA total market cap at $946 million on the daily chart | Featured image from Medium, Chart: TradingView.com


The MANA cryptocurrency used in Decentraland has clearly seen better days. From its 2017 high of $5.85, MANA has dropped 80% in value in the last 12 months, as shown by the most recent available data. Presently, a share of MANA can be purchased for as little as $0.4773. Investor confidence has ta...

newsbtc.com

MANA Loses 80% Of Its Value Over The Last 12 Months – No More Blessings To Come?


The global crypto market has demonstrated a sharp bearish reversal with most altcoins including Decentraland (MANA) trading in red. 



MANA charted a multi-week high of $0.74 on Nov. 5, but weekend gains reversed as bears took control of price action. Nonetheless, MANA on-chain health presented a skeptical picture with few metrics spelling trouble for Decentraland prices. 



Why MANA Price Can Continue to Dump 



On Nov. 8, MANA traded at $0.6223 showing over 6% daily losses. While the recent price pullback was largely due to the larger market’s bearish trajectory, the same had significantly affected MANA recent gains. 



Decentraland price charted a solid 15% run over the weekend, recovering from the end of Sept. and Oct. losses. 



MANA/USDT one-day chart | Source: TradingView



Decentraland price saw a major resistance at the $0.70 mark. Notably, data from IntoTheBlock’s In and Out of Money Around Price (IOMAP) Indicator presented that the next significant resistance for MANA price could be at the $0.66 mark where 45.20 million MANA tokens are held by 2700 addresses. 



In and Out of Money Around Price | Source: IntoTheBlock 



For now, though, a worrying fact was that there was no major support for MANA price once prices fell below the $0.61 level. 



In addition to that, a look at supply held by balance of addresses suggested that two of MANA biggest whale cohorts holding 100,000 – 1 million coins (%) and 10 million to infinite coins (%) are reducing their holdings. 



Source: Sanbase 



MANA holders with 100,000 – 1 million coins (%) now held just 5% of the supply as opposed to 5.5% in August. Holders with 10 million to infinite coins (%) also reduced their bags over the last week. Both the whale cohorts have been reducing their holdings. 



While whales with 1 million – 10 million coins (%) accumulated from Nov. 4 to Nov. 7 there was a slight drop in their holding on Nov. 8. 



Despite whales reducing their bags, there were a few metrics that suggested a MANA recovery could be swift in case bulls decide to take the wheel. 



Can New Participants Save Decentraland?



One of the most bullish trends for Decentraland price over the last week was that seven-day new addresses spiked by almost 169.11%. Active addresses also saw a healthy 68.9% uptick over the last week. 



Source: IntoTheBlock 



New participants flocking to a network is often considered a bullish trend and helps in price recovery. However, MANA’s exchange inflows and active deposits noted a major spike pointing towards a bearish sentiment for Decentraland among traders and investors. 



Source: Sanbase 



When active deposits spike alongside exchange inflows the same can point towards major sell-offs. While MANA network growth has shown one of the most notable upticks seen to date, with bears taking over the market, there isn’t much network growth can offer in terms of price appreciation. 



For bulls, it will be crucial to keep prices above the $0.61 level, since IOMAP Indicator suggested no major support for the token below the price. However, in case the bearish invalidation a retest of the upper $0.70 mark can be expected. 



Disclaimer: BeInCrypto strives to provide accurate and up-to-date information, but it will not be responsible for any missing facts or inaccurate information. You comply and understand that you should use any of this information at your own risk. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions.
The post With Decentraland Whales Fleeing, Here’s What MANA Holders Can Expect Next appeared first on BeInCrypto.


The global crypto market has demonstrated a sharp bearish reversal with most altcoins including Decentraland (MANA) trading in red. 
The post With Decentraland Whales Fleeing, Here’s What MANA Holders Can Expect Next appeared first on BeInCrypto.


beincrypto.com

With Decentraland Whales Fleeing, Here’s What MANA Holders Can Expect Next


Professional and savvy investors are a very astute bunch on the whole. When the whole world is rushing in one direction, they always head off in the opposite direction. 



Whenever something is popular, they turn away and look for things that are unpopular or even unrecognized. 



There is, however, a method in this apparent madness. Clever investors know that the real profits are to be made by investing in the things that are sound but still hovering below the radar and are yet unknown.



If you’re such an investor and you missed out on Axie Infinity (AXS) and Decentraland (MANA), do not despair, because here is Orbeon Protocol which has just started its presale and is tipped by many analysts to surge 6000% in the near future.



Orbeon Protocol (ORBN) has got ‘winner’ written all over it



If you’re a serious investor and you’re looking to make those ‘big swing’ profits, then it is extremely difficult to find a better candidate than Orbeon Protocol (ORBN). 



Orbeon Protocol is aiming to transform the crowdfunding and venture industry by shaking things up by offering businesses a new way to raise capital.



The Orbeon Protocol (ORBN) platform makes it possible for anybody to invest even very modest sums in new and exciting start-ups and business ventures. Orbeon Protocol (ORBN) creates a bridge between the worlds of crowdfunding and cryptocurrency. 



Orbeon will offer 40% of its token in the pre-sale phase which has just got underway. The price is currently $0.004 and experts are predicting a 6,000% rise up to $0.24 by the end of the pre-sale. Shrewd investors should take note. 







Axie Infinity (AXS) wants to go to infinity and beyond



Axie Infinity has earned a reputation as one of the cryptocurrency world’s favorite “play-to-earn” gaming tokens. It has proved to be popular with the market. In fact, it is the 61st largest cryptocurrency by market capitalization. 



So, early investors in Axie have likely done very well indeed. However, this past week, as at the time of writing, has seen Axie getting a bit of mauling prompted, by the news that Sky Mavis, the creators of Axie, will release another 21.5m token but only to existing investors and advisers. 



Axie is probably here to stay but, if you’re searching for those big gains, maybe give Axie a miss for now.



Decentraland (MANA) is looking a bit leaky



Decentraland (MANA) is even bigger in terms of market capitalization, currently ranking at number 47 in the “market cap” charts. But lately, it has been sailing through some choppy waters. 



Designed as a Metaverse token, Decentraland did very well for its early adopters and investors but at the end of October 2022, those holders had lost something like 84% of the value of their holdings. Decentraland is now stress-testing its key market support levels. 



While the token may recover over the longer term, investors looking for a big hit may want to give Decentraland a pass at the moment. 



The market is already bullish Orbeon Protocol and analysts are forecasting that the current price of $0.004 will rise by no less than 6000% to $0.24 per token by the time the presale phase ends. The total supply of tokens is 888,000,000 and only 40% of them are available for purchase during the presale. 



Join the Orbeon Protocol community here:



Website | Presale | Telegram
The post Missed Out on Axie Infinity and Decentraland? Meet Orbeon Protocol (ORBN) appeared first on BeInCrypto.


Professional and savvy investors are a very astute bunch on the whole. When the whole world is rushing in one direction, they always head off in the opposite direction. Whenever something is popular, they turn away and look for things that are unpopular or even unrecognized.  There is, however, a...

Missed Out on Axie Infinity and Decentraland? Meet Orbeon Protocol (ORBN)


Decentraland (MANA) price broke down below the $0.70 horizontal support area. It was rejected in an attempt to reclaim it. The Sandbox (SAND) previously broke down from the $0.82 level but managed to successfully reclaim it.



Decentraland Fails to Reclaim Breakdown Level



Decentraland is the native token of a virtual world and a non-fungible token (NFT) marketplace, where players can buy land, estates and other game assets. The MANA price has fallen below a descending resistance line since May 15. 



On Oct. 2, MANA price broke down below the $0.70 horizontal area and reached a new yearly low of $0.58 on Oct. 21. 



While it initiated an upward movement afterward, it was rejected by the $0.70 area on Oct. 30 (red icon). The trend cannot be considered bullish unless the Decentraland price manages to reclaim the area and then break out from the resistance line.



If the downward movement continues, the next closest support area would be at $0.44. The support is created by the 1.27 external Fib retracement of the most recent increase.



MANA/USDT Chart By TradingView


Sandbox Initiates Unlikely Reversal



Sandbox (SAND) is another coin that relates to the metaverse since it is the native token of a blockchain game. The SAND price had fallen underneath a descending resistance line since reaching a high of $1.49 on July 20. The downward movement led to a low of $0.69 on Oct. 13, seemingly causing a breakdown below the $0.82 support area. 



This was a crucial development since the $0.82 area had provided the previous yearly low support. 



However, the SAND price initiated a trend reversal and reclaimed the area on Oct. 30. 



The upward movement was preceded by a bullish divergence in the RSI (green line). The indicator has now moved above 50, confirming the divergence and granting legitimacy to the reversal. 



However, the Sandbox price has yet to break out from the resistance mentioned above (red icon). As a result, it did not confirm its reversal. 



The main resistance area is between $1.09-$1.19, created by the 0.5-0.618 Fib retracement resistance levels. The reaction once the SAND price gets there will likely determine the direction of the future trend.



SAND/USDT Chart By TradingView


For the latest BeInCrypto Bitcoin (BTC) and crypto market analysis, click here



Disclaimer: BeInCrypto strives to provide accurate and up-to-date information, but it will not be responsible for any missing facts or inaccurate information. You comply and understand that you should use any of this information at your own risk. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions
The post Metaverse: Decentraland (MANA) Price Falters While Sandbox (SAND) Shows Signs of Life appeared first on BeInCrypto.


Decentraland (MANA) price broke down below the $0.70 horizontal support area. It was rejected in an attempt to reclaim it. Sandbox (SAND) previously broke down from the $0.82 level but managed to successfully reclaim it.
The post Metaverse: Decentraland (MANA) Price Falters While Sandbox (SAND) S...

Metaverse: Decentraland (MANA) Price Falters While Sandbox (SAND) Shows Signs of Life


The Waves (WAVES) price has broken down from a long-term horizontal support area and could decrease until $2.30. The Decentraland (MANA) price has broken down from the $0.73 support area and validated it as resistance afterward (red icon). Meanwhile, the Helium (HNT) price has completed an upward correction and is poised to resume its downward movement.



WAVES Price Breaks Down Below Horizontal Support



The WAVES price has been falling since reaching an all-time high price of $63.88 in March 2022. Throughout this period, WAVES has been one of the biggest losers in the crypto market and has decreased by 94.50%. 



In Sept. 2022, the WAVES price broke down from the $4.60 horizontal area, which had been acting as support since the beginning of 2021. Afterward, it validated the area as resistance (red icon). 



Breakdowns from such long-term structures usually lead to sustained downward movements. If the decrease continues, the closest support area would be at $2.30. 



The weekly RSI is also decreasing and is still below 50, another sign of a bearish trend. 



The invalidation of the bearish hypothesis would be a weekly close above the $4.60 area. However, this seems unlikely at the current time.



WAVES/USDT Chart by TradingVIew 



MANA Price Gets Rejected by Resistance



In similar fashion to WAVES, MANA has been one of the biggest losers in the cryptocurrency market over the past year. Since the $5.90 all-time high of Nov. 2021, market data shows that the MANA price has decreased by 89%. Throughout this period, it followed a long-term descending resistance line. 



The line has been validated several times, most recently on Oct. 26 (red icon). The rejection also coincided with the $0.73 horizontal resistance area, increasing its significance.



In the beginning of Sept. MANA also broke down from the $0.75 area. Until there is a weekly close above both the line and the $0.73 area, the trend cannot be considered bullish.



If the downward movement continues, the MANA price could fall to $0.45.



MANA/USDT Chart by TradingView



HNT Price Completes Upward Correction



The HNT price has been moving upward since falling to a low of $3.19 on Sept. 5. However, the upward movement looks like a completed A-B-C (black) short-term correction. If so, it would follow that the HNT price has now begun another downward movement.



While the downward movement has stalled over the past 24 hours, there are no bullish reversal signs in place. As a result, the most likely scenario is a decrease towards the 1.61 external Fib retracement at $1.65.



Conversely, an increase above the wave C high (red line) at $5.76 would invalidate the bearish hypothesis and suggest that new highs are expected.



HNT/USDT Chart by TradingView 



For the latest BeInCrypto Bitcoin (BTC) and crypto market analysis, click here



Disclaimer: BeInCrypto strives to provide accurate and up-to-date information, but it will not be responsible for any missing facts or inaccurate information. You comply and understand that you should use any of this information at your own risk. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions.
The post These 3 Cryptos Look Very Scary and It Has Nothing To Do With Halloween appeared first on BeInCrypto.


Waves, Decentraland and Helium are all looking ghoulish this Halloween with more downside price action expected.
The post These 3 Cryptos Look Very Scary and It Has Nothing To Do With Halloween appeared first on BeInCrypto.


Decentraland price	$0.422881
Low - High 24H	$0.418048 - $0.429063
Market cap	$767.71M
Volume 24H	$95.09M
All time high	$5.85 -92.78% November 25th 2021
All time low	$0.009237 4472.62% October 31st 2017
Genesis date	N/A

Recently viewed

Trending

Decentraland (MANA)

Performance

Decentraland News

Quick stats