Keep up with what's happening in the crypto world in real-time.
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With the Bitcoin price setting dominance above the $57,000 mark, the altcoins are rising to new heights. Amidst this bull run frenzy in altcoins, the gaming and metaverse tokens are gaining momentum. As per our last update, the Gala Games (GALA) and Decentraland (MANA) were ready for a breakout run.
Crypto Price Analysis: On Monday, the cryptocurrency market witnessed a modest uptick marked by a 0.15% jump in the total market cap to currently stand at $1.98 Trillion. However, the leading digital asset, Bitcoin continues to prolong its sideways trend below the $53000 barrier waning the bullish momentum in the broader market.
Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and applications.
Story Highlights The live price of MANA coin is . MANA price could reach a maximum of $1.31 by the end of 2024. Decentraland price with a potential surge could go as high as $6.17 by the end of 2030.
The Decenraland (MANA) token wobbling near the apex of the triangle pattern indicates the price is poised for a decisive breakout. While the two converging trendlines currently bolster a highly volatile phase, an imminent breakout will bring a directional rally back to this asset.
Decentraland's priority strategy for 2024 is to float a new powerful Desktop Client.
Taking the clear path of a bullish reversal, the MANA price trend shows a potential bullish reversal. However, the bearish pressure shows a constant brawl at the 50% Fibonacci level, which reflects a strong secondary breakdown possibility.
As the crypto market marks another bearish week, the buyers are desperate for a reversal to avoid another crash. Amidst all this ruckus, the gaming tokens are slowly preparing for a trend reversal with a bounce back next week.
The Decentraland (MANA) price continues to display significant price volatility, suggesting a rise in the buying and selling pressure in the cryptocurrency market. Further, the MANA token has recorded a notable jump of 3% within the past day, indicating a bullish price action. The Decentraland price traded in a closed range between $0.4881 and $0.
Crypto Price Prediction: The cryptocurrency market deepens its correction phase as Bitcoin price dips below the $42000 mark on Thursday. With the sell-the-news theory for Bitcoin ETF, the altcoins witnessed highlighted supply pressure.
Underrated cryptos aren't just the cheapest available options. Instead, find cryptos with real world utility and swelling sentiment.
In the cryptocurrency market, savvy investors keep an eye out for opportunities, especially during market dips. Recently, the MVRV (market-value-to-realized-value) ratio, has highlighted several cryptos as significantly undervalued.
MANA/USDT chart and technical analysis MANA/USDT has been in a bearish trend since the price peaked at 0.6062 in the bullish rally. The price has dropped 35% since then and is likely to drop further in the coming days. The market structure is bearish and bears have dominated the market at the moment.
The latest correction experienced by Decentraland's MANA could be a potential catalyst that could pave the way for an upward movement.
After experiencing a sensational year of trading in the crypto industry, we are now on a path to experience another rollercoaster ride of trading in 2024.
Gaming cryptos represent unique upside as the global blockchain gaming market is set to expand massively in coming years.
While most of the top cryptocurrencies are experiencing a fall, popular gaming cryptos have been surging. Decentraland (MANA), The Sandbox (SAND), Axie Infinity (AXS), Beam (BEAM), and Vulcan Forged PYR (PYR) have locked in significant profits today.
Story Highlights The live price of MANA coin is . MANA price could reach a maximum of $0.68 by the end of 2023. Decentraland price with a potential surge could go as high as $6.17 by the end of 2030.
Decentraland hosts an ambitious interactive metaverse music festival fusing virtual experiences, gaming, and boundary-pushing musical performances in a glimpse at the industry's hi-tech future.
MANA has recently seen an uptick in the volume of whale transactions, as its price has grown by over 45% in the last 30 days.
Decentraland (MANA) price reached $0.42 on Wednesday as the bull drove the rally to a 100-day peak. On-chain analysis uncovers major data points that could impact MANA price action in the coming days.
Crypto whales have been capitalizing on the crypto market recovery to hunt down bigger gains on several altcoins. On-chain analysis beams the spotlight on 3 altcoins that have witnessed unusually high capital inflows from large institutional investors ahead of November 2023.
Solana is this week's biggest gainer, but another token has topped the charts over the past day, with Decentraland's MANA up 12%.
The crypto market has been trading sideways for the fifth straight day, indicating a decline in the price action. Bitcoin continues to hover between $34,100 and $34,450, with Ethereum price around $1,800.
