MANA Geared For Mainstream Adoption
Decentraland is a vast virtual world that allows users to produce and experience a wide range of content on individual parcels of land, sell items, procure pieces of art, and much more. MANA may expand its features in order to deliver smooth services, and the token’s social media popularity may aid in the token’s advance to a more significant level.MANA total market cap at $6.043 billion in the daily chart | Source:
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MANA’s value may rise or fall depending on whether the market is bearish or bullish in the coming weeks and months. Some analysts expect its value to drop $1.8 in the coming weeks. However, they believe it will set multiple records this year. There’s been a growing trend in Decentraland throughout the last four months. MANA’s crypto-skills and trustworthiness are seen to be in high demand, and this trend is seen to continue. Decentraland’s trading volume is on a steady ascent, which has a big effect on its price.MANA: Rising Price Stability
MANA’s technical indications suggest that it is faring well in different market aspects alongside its corresponding value. The coin has been trading above its estimated value for several months, and the moving average convergence/divergence (MACD) line on several charts is within the neutral zone. Its RSI of 52 indicates that it is presently in the neutral zone as MANA is currently trading at approximately $3.27 per coin. Analysts see the price of MANA rising in percentage as the midyear unfurls. According to Wallet Investor’s forecast, it is seen to trade at around $8 by the end of 2022 if bullish trends continue.Related Reading | Shiba Inu Enters The Metaverse, But Will This Help Its Price?
Featured image from GDA Capital, chart from TradingView.com