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.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
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Bitcoin predictions | 70.8% | 61 | $27 840.71 | 1.21% | -0.56% | $538 129 695 575 | ||
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Ethereum predictions | 78% | 45 | $1 767.58 | 1.19% | -2.66% | $216 305 397 091 | ||
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Tether predictions | 94% | 1 | $1.000675 | -0.02% | -0.22% | $79 075 659 998 | ||
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Binance Coin predictions | 70.4% | 55 | $327.63 | 1.31% | -3.17% | $51 729 397 468 | ||
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USD Coin predictions | 90.8% | 2 | $0.999850 | 0% | -0.01% | $33 908 036 023 | ||
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XRP predictions | 79.2% | 31 | $0.448514 | -2.25% | 14.10% | $22 852 174 189 | ||
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HEX predictions | 61.6% | 82 | $0.083472 | -7.12% | -4.02% | $14 474 941 650 | ||
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Cardano predictions | 75.6% | 39 | $0.355402 | -0.43% | 1.86% | $12 343 469 988 | ||
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Lido stETH predictions | 96% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
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Polygon predictions | 73.2% | 45 | $1.096341 | 0.35% | -8.87% | $9 955 292 481 | ||
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Dogecoin predictions | 78% | 42 | $0.074572 | -0.20% | -1.62% | $9 893 472 420 | ||
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Binance USD predictions | 92.8% | 1 | $0.999729 | -0.01% | -0.10% | $8 022 170 532 | ||
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Solana predictions | 72.8% | 46 | $20.85 | 0.67% | -5.99% | $8 004 990 448 | ||
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Polkadot predictions | 79.6% | 39 | $6.03 | 0.57% | -7.80% | $7 053 783 531 | ||
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Litecoin predictions | 74% | 57 | $93.16 | 0.89% | 9.35% | $6 760 087 916 |
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