{"id":501198,"date":"2022-09-06T08:05:55","date_gmt":"2022-09-06T08:05:55","guid":{"rendered":"https:\/\/wncen.com\/?p=501198"},"modified":"2022-09-06T08:05:55","modified_gmt":"2022-09-06T08:05:55","slug":"mana-seen-rising-11","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/decentraland-mana\/mana-seen-rising-11\/","title":{"rendered":"MANA Seen Rising 11% As Buyers Make A Recovery Attempt"},"content":{"rendered":"<p><em>MANA price continues to hover above the $0.8 mark, hinting at a rally targeting $0.86 or peaking by 6.8%.<\/em><\/p>\n<ul>\n<li>MANA price on a 4-hour chart shows the formation of a rounding bottom pattern<\/li>\n<li>August registers a massive sell-off for the MANA\/USDT pair<\/li>\n<li>MANA buying activity triggers a correction<\/li>\n<\/ul>\n<p>August registered the most sell-off for MANA, with the MANA\/USDT pair down by 32.5% from June to July with key support spotted at $0.75.<\/p>\n<p>On August 29, the crypto was able to bounce back from the support zone with the formation of an engulfing candle hinting at a bullish or aggressive buying activity at this level. The gains generated from June to July were completely disheveled following the recent correction.<\/p>\n<p>According to <a href=\"https:\/\/coinmarketcap.com\/currencies\/decentraland\/\" rel=\"nofollow\">CoinMarketCap<\/a>, the MANA price is trading at 0.8025 or up by 0.94% as of press time.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/bitcoin-price-watch-btc-facing-renewed-challenge-to-keep-price-above-20000\/\">Bitcoin Price Watch: BTC Facing Renewed Challenge To Keep Price Above $20,000<\/a><\/div>\n<h2><b>Decentraland: A Play-To-Earn Blockchain-Based Metaverse<\/b><\/h2>\n<p>Decentraland is a P2E virtual and immersive blockchain-based metaverse that allow players to socialize, explore, and earn while playing in real-time.<\/p>\n<p>The Decentraland project is continuously expanding as the interest in the metaverse exploded roughly about a year ago. Players can buy virtual real estate that they can build upon or develop while interacting with other players.<\/p>\n<p>The beauty of this project is that you can take ownership of a virtual land and earn from it. Basically, lots have previously been selling for as low as $20 but now you can sell these virtual lands for millions.<\/p>\n<p>Over the past couple of days, MANA was trying hard to hold on to the support zone found at $0.75. Consequently, a bull run was seen on September 4 when it was able to breach the $0.8 resistance which means the buyers may have been working on recovery.<\/p>\n<p>MANA price is trying to retest which provides an avenue for interest traders to jump in. But, there is a little to moderate weakness on the higher price rejection which may pull the coin to the opposite direction.<\/p>\n<h2><b>MANA To Break Past The $0.86 Mark?<\/b><\/h2>\n<p>The bullish momentum may trigger the rounding bottom pattern which means it has a high potential to surpass the $0.86 zone and promote faster recovery.<\/p>\n<p>On the flip side, if MANA buyers fail to sit still at the $0.8 zone, closing a candle below the key support level may hint at a fake breakout triggering a pullback on price at $0.75.<\/p>\n<p>RSI for the crypto demonstrates a bullish divergence within its range which a spike above the midline would suggest amplification of bullish movement.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/dogecoin-slowly-retests-0-06\/\">Dogecoin Slowly Retests $0.06 As DOGE Is Seen Moving Higher Over The Next Days<\/a><\/div>\n<p><i> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/4zJVaLnS\/\" width=\"1834\" height=\"875\"><\/i><\/p>\n<p>&nbsp;<\/p>\n<pre style=\"text-align: center\">MANA total market cap at $1.42 billion on the daily chart | Source: <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" rel=\"nofollow\">TradingView.com<\/a>\r\nFeatured image from Coinpedia, chart from <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" rel=\"nofollow\">TradingView.com<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"<p>MANA price continues to hover above the $0.8 mark, hinting at a rally targeting $0.86 or peaking by 6.8%. MANA price on a 4-hour chart shows the formation of a rounding bottom pattern August registers a massive sell-off for the MANA\/USDT pair MANA buying activity triggers a correction August registered the most sell-off for MANA, with the MANA\/USDT pair down by 32.5% from June to July with key support spotted at $0.75. On August 29, the crypto was able to bounce back from the support zone with the formation of an engulfing candle hinting at a bullish or aggressive buying activity at this level. The gains generated from June to July were completely disheveled following the recent correction. According to CoinMarketCap, the MANA price is trading at 0.8025 or up by 0.94% as of press time. Related Reading: Bitcoin Price Watch: BTC Facing Renewed Challenge To Keep Price Above $20,000 Decentraland: A Play-To-Earn Blockchain-Based Metaverse Decentraland is a P2E virtual and immersive blockchain-based metaverse that allow players to socialize, explore, and earn while playing in real-time. The Decentraland project is continuously expanding as the interest in the metaverse exploded roughly about a year ago. Players can buy virtual real estate that they can build upon or develop while interacting with other players. The beauty of this project is that you can take ownership of a virtual land and earn from it. Basically, lots have previously been selling for as low as $20 but now you can sell these virtual lands for millions. Over the past couple of days, MANA was trying hard to hold on to the support zone found at $0.75. Consequently, a bull run was seen on September 4 when it was able to breach the $0.8 resistance which means the buyers may have been working on recovery. MANA price is trying to retest which provides an avenue for interest traders to jump in. But, there is a little to moderate weakness on the higher price rejection which may pull the coin to the opposite direction. MANA To Break Past The $0.86 Mark? The bullish momentum may trigger the rounding bottom pattern which means it has a high potential to surpass the $0.86 zone and promote faster recovery. On the flip side, if MANA buyers fail to sit still at the $0.8 zone, closing a candle below the key support level may hint at a fake breakout triggering a pullback on price at $0.75. RSI for the crypto demonstrates a bullish divergence within its range which a spike above the midline would suggest amplification of bullish movement. Related Reading: Dogecoin Slowly Retests $0.06 As DOGE Is Seen Moving Higher Over The Next Days &nbsp; MANA total market cap at $1.42 billion on the daily chart | Source: TradingView.com Featured image from Coinpedia, chart from TradingView.com<\/p>\n","protected":false},"author":557,"featured_media":501199,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[86567],"tags":[1144,11549,65296,8686,27141,86482],"class_list":["post-501198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-decentraland-mana","tag-btcusd","tag-decentraland","tag-ethbtc","tag-ethusd","tag-mana","tag-mana-price"],"acf":[],"yoast_head":"\n<title>MANA Seen Rising 11% As Buyers Make A Recovery Attempt<\/title>\n<meta name=\"description\" content=\"MANA price continues to hover above the $0.8 mark, hinting at a rally targeting $0.86 or peaking by 6.8%. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"MANA Seen Rising 11% As Buyers Make A Recovery Attempt","url":"http:\/\/wncen.com\/news\/decentraland-mana\/mana-seen-rising-11\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/decentraland-mana\/mana-seen-rising-11\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/MANA.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/MANA.png?fit=852%2C445"},"articleSection":"MANA","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["btcusd","decentraland","ethbtc","ethusd","mana","mana price"],"dateCreated":"2022-09-06T08:05:55Z","datePublished":"2022-09-06T08:05:55Z","dateModified":"2022-09-06T08:05:55Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"MANA Seen Rising 11% As Buyers Make A Recovery Attempt\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/decentraland-mana\\\/mana-seen-rising-11\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/decentraland-mana\\\/mana-seen-rising-11\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/MANA.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/MANA.png?fit=852%2C445\"},\"articleSection\":\"MANA\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"btcusd\",\"decentraland\",\"ethbtc\",\"ethusd\",\"mana\",\"mana price\"],\"dateCreated\":\"2022-09-06T08:05:55Z\",\"datePublished\":\"2022-09-06T08:05:55Z\",\"dateModified\":\"2022-09-06T08:05:55Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/MANA.png?fit=852%2C445","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/501198"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=501198"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/501198\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/501199"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=501198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=501198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=501198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}