Decentraland Price Prediction: MANA Soars 7% In 24 Hours. Too Late To Get In?

Updated: 30 October 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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The Decentraland price has risen 7% in the last 24 hours, reaching $0.378 at 12 pm EST. The token’s daily trading volume has also increased, by 317% to $150 million.

Can Decentraland Price Overcome $0.40 Hurdle?

Decentraland MANA Price Chart — MANAUSD Price Chart by Tradingview.com

MANA’s bullish momentum has been consistent, with a double-bottom pattern forming above the sturdy $0.27 support level, signaling market resilience.

A look shows MANA’s price faced resistance from buyers at the $0.36 mark, causing a momentary drop to the support zone at $0.32. However, the support level was crucial in attracting determined buyers, pushing the Decentraland MANA price to its current resistance level of $0.41. This further highlights the significance of technical support and resistance levels in determining the movement of Decentraland MANA’s price.

The 50-day and 200-day moving averages favor the positive trend, with values of $0.305 and $0.34, respectively. Additionally, the relative strength index (RSI) is currently at 65 and trending upwards, rebounding from the neutral level of 50. This suggests sustained buying pressure above the overbought region at 70.

Further afield, Meme Kombat has garnered significant attention in the market because of its unique presale approach and staking features.

Meme Kombat (MK): 3 Days to End Presale

Meme Kombat (MK) is rapidly approaching its $1 million fundraising goal in its presale, with over $875,000 already raised. You only have three days left to the end of the presale stage. Hurry and purchase the MK tokens before the price increases to $0.1833 from $0.1667 per token on November 2.

The presale’s success signifies high investor interest, prompting quick action.

🔥 #MemeKombat UPDATE 🔥

Staged Presale = ON

▪️ NOW: 0.1667 USD
▪️ Nov 2nd: JUMPS to 0.1833 USD

The timer is set! Secure your $MK before the rise! ⏰ pic.twitter.com/LMreT8M2Ce

— Meme Kombat (@Meme_Kombat) October 23, 2023

Its unique platform combines the power of memes and artificial intelligence (AI) to create a competitive arena on the Ethereum Network. The most interesting feature of Meme Kombat is its staking-to-earn and play-to-earn options.

In the presale phase, Meme Kombat offers automatic staking opportunities, different betting options, and a meticulously designed tokenomics model that ensures long-term sustainability.

Investors can enjoy the exciting features by joining the presale before a price increase in three days.

Last Chance, Buy MK Tokens, Enjoy High APY

Participate in the presale and gain MK tokens to stake and earn a remarkable Annual Percentage Yield (APY) of 112%. The team behind the MK project has allocated 30% of the token supply for staking purposes and as rewards for battle participants.

Moreover, the MK platform lets you bet your tokens in competitions featuring popular memes. If the meme you choose emerges as the winner, you can claim a portion of the prize pool. You can also collaborate to place bets and share in the winnings.

Jacob Crypto Bury, a well-known YouTuber with 23.2K subscribers, explains Meme Kombat’s features and offers valuable tips for optimizing the staking function. He explores the platform’s advantages and suggests ways to maximize its capabilities.