Bitcoin
BTC$16 537.50

0.10%

Ethereum
ETH$1 215.18

0.17%

Tether
USDT$0.999553

0%

Binance Coin
BNB$311.77

-0.81%

USD Coin
USDC$1.000145

0%

Binance USD
BUSD$1.000525

0.06%

The bulls will again attempt to push the MANA/USDT pair to the downtrend line


21 Feb 2022

#Decentraland

Decentraland (MANA) turned down from the downtrend line on Feb. 16, indicating that the sentiment remains bearish and traders are selling on rallies to stiff resistance levels.The bears have pulled the price below the 50-day SMA ($2.83), which opens the door for a possible downside to the strong support zone between $2.44 and the 200-day SMA ($2.20). If the price rebounds off this zone, the bulls will again attempt to push the MANA/USDT pair to the downtrend line. The bulls will have to clear this hurdle to indicate the start of a new up-move.

Conversely, if bears sink and sustain the price below the 200-day SMA, the selling could intensify and the pair could slide further to $1.70. The bears have pulled the price below the 200-SMA. If the price sustains below this level, the pair could drop to the support line of the descending channel. A break and close below the channel could sink the pair to $2.44.

If the price turns up from the current level, the bulls will try to push the pair above the 200-SMA. Such a move will be the first sign that bulls are attempting a comeback. A break and close above the 20-EMA will increase the possibility of a rally to the resistance line of the channel.


Related

NFT pricing strategy: How to price your NFTs?
NFT pricing strategy: How to price your NFTs?

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 60.8% 88 $16 537.50 0.10% -0.06% $317 822 304 352 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 59.2% 86 $1 215.18 0.17% 3.58% $148 706 732 936 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.6% 1 $0.999553 0% 0.06% $65 333 494 729 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 66.8% 66 $311.77 -0.81% 15.95% $49 874 568 821 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 92.4% 1 $1.000145 0% 0.01% $44 197 320 437 USDC 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 94.4% 1 $1.000525 0.06% 0.04% $22 413 293 222 BUSD 7 days price change
7 XRP (XRP) XRP XRP predictions 59.6% 80 $0.400048 -0.72% 7.25% $20 121 884 534 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 54.8% 92 $0.103633 13.34% 28.16% $13 749 128 535 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 64% 82 $0.317554 0.33% -0.14% $10 934 620 515 ADA 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 93.6% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Polygon (MATIC) MATIC Polygon predictions 68% 65 $0.858219 0.62% 3.68% $7 495 959 645 MATIC 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 65.2% 71 $5.39 0.20% -1.00% $6 139 923 968 DOT 7 days price change
13 Dai (DAI) DAI Dai predictions 95.2% 1 $1.000045 -0.03% 0.01% $5 726 562 394 DAI 7 days price change
14 Litecoin (LTC) LTC Litecoin predictions 66.4% 64 $76.42 0.50% 24.32% $5 479 552 153 LTC 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 60.8% 82 $0.053646 1.63% 5.42% $5 454 488 141 WTRX 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2022 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.