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In this article we share a recent analysis of Decentraland (MANA) from our Premium environment. If you are not yet a member or if you still have questions after reading this article, try our Premium membership free for 30 days.
Technical analysis MANA price
In recent weeks, decentraland’s share price has entered a downward spiral. The MANA price has already fallen almost 40% since the peak in early February. Still, this decline may lead to new opportunities, Crypto Insiders analysts report. However, the price could go a little deeper, they recently explained to Premium members:
“MANA, as expected, has sunk nicely into the green support box zone. No crucial price levels have been broken, but it is important to take into account that the price may still fall towards the bottom of the green box towards $0.4767.
We would rather not see the price go below $0.4160. Should this happen, we expect new lows. In the Premium environment, we will soon share a new analysis to map the further progress.”
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