MANA shows signs of a pullback, where can bulls look to enter next?

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 68%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The lower timeframe market structure of MANA was bullish. The $0.75 level acted as support- but will it be broken soon in a pullback? Decentraland has performed strongly in the market over the past […]

also hovered near the $23.4k area and faced stiff opposition near $24.2k, and beneath the $25k mark.

The $0.75 level has acted as resistance since mid-January. Previously in early September, this area had served as support before being flipped to resistance later that month. Therefore, the developments of the past few days were bullish, as $0.75 has been flipped to support once more.On lower timeframes like H1 and H4, it was apparent that $0.81 was an area of interest for the bears. A session close above it could galvanize the buyers.

Monday’s high and low could establish a range for MANA as well and is one to watch out for. The RSI was at 51 to show neutral momentum. The OBV crept upward over the past few days, which suggested that there was a demand for the token.Coinalyze

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chainlink [LINK] dropped to a key support level – Will it hold?Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion LINK faced a price rejection at the selling pressure zone at $7.500. Holders still enjoyed profits. Chainlink’s [LINK] uptrend momentum was facing a crucial short-term blockade. LINK dropped sharply by 6% after hitting the […]
Source: CryptoAmb - 🏆 22. / 68 Read more »

Avalanche [AVAX] investors on tenterhooks as trend reversal loomsDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. AVAX’s price action chalked a rising channel and an RSI divergence. AVAX’s Funding Rate and development activity declined. Thanks to its January rally, Avalanche’s [AVAX] value doubled from $10 to over $20. At press […]
Source: CryptoAmb - 🏆 22. / 68 Read more »

Maker [MKR] could witness a 10% hike, traders can set a stop loss below…Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion MKR chalked a bullish flag pattern on the daily chart. The token’s Funding Rate remained flat but positive. Maker [MKR] offered over 30% gains to investors in January. At press time, MKR’s value was […]
Source: CryptoAmb - 🏆 22. / 68 Read more »

PancakeSwap’s momentum slowed- Will CAKE form a plateau or go south?Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion CAKE formed a bearish rising wedge channel pattern. PancakeSwap saw an increase in total value locked (TVL). PancakeSwap [CAKE] posted about 9% gains after the FOMC announcement. However, its price action in the same […]
Source: CryptoAmb - 🏆 22. / 68 Read more »

Litecoin [LTC] on the way to $110? Not yet, as this can delay the bullsDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. LTC was bullish at press time. LTC open interest rate declined in the past few days. Litecoin’s [LTC] value increased by over 40% in January 2023, rising from $68 to $102. However, a short-term […]
Source: CryptoAmb - 🏆 22. / 68 Read more »