#mana analysis

[pavel-nosok]

Decentraland (MANA) Price Drops Alongside Decreased Sales

Decentraland (MANA) Price Drops Alongside Decreased Sales

Decentraland (MANA) has broken down from a short-term support level and risks invalidating its bullish structure. MANA has been increasing alongside an ascending support line since May 12. The upward movement caused a breakout from a long-term descending resistance line (dashed) on July 30.  However, the price failed to sustain its upward movement and has been decreasing since shortly after the…

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[pavel-nosok]

GALA Falls To New Yearly Low: Biggest Weekly Losers

GALA Falls To New Yearly Low: Biggest Weekly Losers

Be[In]Crypto takes a look at the five cryptocurrencies that decreased the most last week, more specifically from July 8 to July 15. These cryptocurrencies are:  Dogecoin (DOGE) : – 11.13% Gala (GALA) : -9.71% Basic Attention Token (BAT) : -9.43% 1inch Network (1INCH) : -9.04% Decentraland (MANA) : -8.64% DOGE DOGE has been falling underneath a descending resistance line since May 13. The line…

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Decentraland (MANA) Market Cap Plunged More Than $800 Million in May

Decentraland (MANA) Market Cap Plunged More Than $800 Million in May

Decentraland (MANA) was among the tokens that were hit hard during the market crash of May, seeing more than $500 million wiped off its market value.  MANA is still among the 40 largest digital assets by market capitalization in June 2022. According to Be[In]Crypto Research, MANA closed May with a market capitalization of approximately $2 billion. While this number seems impressive since it…

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