MANA (decentraland) breaking out of flag pattern it has been in since January 9th. I think there is a lot of upside potential for this coin right now. Fundamentals are strong and technicals are looking considerably favorable.
*Market cap currently only around $78,000,000
*Strong daily volume average around $8,500,000
*Decentraland marketplace opened March 19th and continues to draw new users
*Active LAND marketplace with many transactions daily
*Virtual reality platform industry leader
*The token actually has a current utility
I consider this one of the top crypto coins/tokens for upside in the coming years.
From a technical standpoint, I would be looking for MANA to settle above 0.000011 for two consecutive days before I am ready to believe a huge rally is imminent. The current chart structure does suggest a breakout to the upside has happened.
Remember, never invest more than you can afford to lose. You never go broke taking profits.
*Market cap currently only around $78,000,000
*Strong daily volume average around $8,500,000
*Decentraland marketplace opened March 19th and continues to draw new users
*Active LAND marketplace with many transactions daily
*Virtual reality platform industry leader
*The token actually has a current utility
I consider this one of the top crypto coins/tokens for upside in the coming years.
From a technical standpoint, I would be looking for MANA to settle above 0.000011 for two consecutive days before I am ready to believe a huge rally is imminent. The current chart structure does suggest a breakout to the upside has happened.
Remember, never invest more than you can afford to lose. You never go broke taking profits.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.