For Decentraland [MANA] traders the next major support levels lie at…

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice MANA, the token of Decentraland, has been a poor performer on the price charts since early February. The rallies of late January and late March measured 71% and 25% respectively but were still unable to.

Timeline of Decentraland

A leading crypto exchange says metaverse tokens are significantly outperforming the rest of the digital assets markets in year-over-year (YoY) returns. In Kraken Intelligence's new May 2022 market recap and outlook, the exchange giant finds coins such as Decentraland (MANA), The Sandbox (SAND), Axie Infinity (AXS), ApeCoin (APE), and STEPN (GMT) are outperforming the rest of the crypto markets. “When looking at 1Y performance, the Metaverse sector The post Crypto Exchange Kraken Says Decentraland, The Sandbox and Metaverse Sector Far Outperforming Market Year-on-Year appeared first on The Daily Hodl.

After Decentraland [MANA] lost its previous baseline at the $1.9-mark, the sellers steered the trend to their fancy by keeping the price below the 50 EMA (cyan) for the most part. A string of lower peaks alongside the recent growth on its troughs molded a symmetrical triangle in the four-hour timeframe.

Versus Entertainment taps Decentraland and Lumiere to develop NFT and metaverse-focused angles for an upcoming film. The post NFT Film “Infinite Machine” Taps Decentraland and Lumiere to Inject Metaverse-Focused Angles appeared first on BeInCrypto.

After the sellers provoked a high volatility break below the $1.9-level in late April, Decentraland (MANA) saw a series of consistent troughs alongside lower peaks on its chart. The three-week trendline resistance offered a strong selling point for constricting the bull runs over the last month.

Decentraland, the largest Metaverse in the crypto space, has been a pioneer with its wearables, and further demand for similar features has led to the platform noting higher traffic on both the DeFi as well as investor front.  Decentraland jumps back up While some cryptocurrencies continue to take damage from the crash of 9 May,

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Decentraland is one of the largest metaverse projects in the crypto ecosystem, but its token MANA has been on a steady downtrend in recent weeks. After a brief foray beneath the $0.72 support, the price

The folks from the cryptosphere are now evaluating the price projections of the tokens catering to metaverse projects. Which had portrayed phenomenal trajectories in the recent past. Wherefore, altcoins such as MANA, SAND, AXS, and ZIL are under the radar of marketers.  Decentraland (MANA): MANA's supply on cryptocurrency exchanges continues to brush ATHs since the …

Looking at the charts for the top 100 cryptos today, you would have likely seen a lot of near vertical drops in price as Bitcoin tumbled down by 8.20% in the last day to trade at $36,339.18 at press time. Meanwhile, Ether [ETH] dropped by 6.93% to hit prices of $2,728.08.

The month of April not only demolished the March rally but was also responsible for the price bottoming of most of the cryptocurrencies. Decentraland's MANA suffered too along with the rest of the market and recorded a new low a few days ago.

Singaporean billionaire Kwek Leng Beng's Millennium Hotels and Resorts and the billionaire Lo family's Regal Hotels Group in Hong Kong are taking their first steps into the metaverse after purchasing virtual properties in blockchain gaming platforms Decentraland and the Sandbox.