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DECENTRALAND MANA HUGE BREAKOUT !! MANA DECENTRALAND PRICE PREDICTION

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Decentraland
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Synopsis: mana Decentraland price today is $ 1.21, with a 24hour trading volume of $ 552.55M, market cap of $ 2.24B, and market dominance of 0.17%. The MANA price increased 1.49% in the last 24 hours.
Decentraland reached its highest price on Nov 25, 2021 when it was trading at its alltime high of $ 5.85. The lowest price since it`s ATH was $ 0.613, cycle low. The highest MANA price since the last cycle low was $ 1.35, cycle high. The Decentraland price prediction sentiment is currently bearish.
mana Decentraland’s current circulating supply is 1.84B MANA, out of max supply of 2.64B MANA. In terms of market cap, Decentraland is currently ranked 13 in the Ethereum Tokens sector, ranked 2 in the NFT Tokens sector, ranked 1 in the Gaming sector and ranked 1 in the Metaverse sector. The price of Decentraland in the ICO was $ 0.024 and the token sale ended on Aug 17, 2017. Since then, MANA price increased 50.11x against US Dollar, increased 7.27x against Ethereum and increased 7.09x against Bitcoin. The price of
mana Decentraland in US dollars has fallen 43.55% in the past month. MANA has decreased by 18.06% against Ethereum and 25.41% against Bitcoin over the past month. According to the latest Decentraland pricing forecasts, Decentraland’s value will drop 0.07% to reach $ 1.21 by May 22, 2022. According to technical indicators, the current sentiment is bearish, but the Fear & Greed Index shows Extreme Fear. Decentraland has recorded 30.10 in the last 30 days. 33% Green Day with price fluctuations of 24.72%. Based on our Decentraland forecast, it’s now a bad time to buy Decentraland.
Comparing Decentraland against other important technological innovations and trends is one way of predicting where the Decentraland price could head over the long term. The following table shows what the Decentraland price would be if its growth trajectory followed the growth of the internet, or large tech companies like Google and Facebook in their growth phase.
Based on today’s classical pivot point, with the value of $ 1.22, Decentraland has support levels of $ 1.11, $ 1.05, and the strongest at $ 0.933. Similarly, Decentraland resistance levels are at $ 1.28, $ 1.40, and $ 1.46. Decentraland’s price is positively correlated with the top 10 coins by market capitalization excluding tethers (USDT) with a value of 0.497 and positively with the top 100 coins by market capitalization excluding all stablecoins with a value of 0.393. A currency that is positively correlated with
Decentral indicates that one move has a statistically significant weight in guiding the other in the same direction. For currencies that are negatively correlated with Decentraland, they move in one direction for Decentraland and in the opposite direction for coins that are negatively correlated.

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