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The Decentraland price jumped 7% to trade at $0.2849 as of 5:31 a.m. EST on a 116% surge in trading volume to $100.7 million.
The price increase helped push the MANA market cap to $532 million after a 48% surge in the past 7 days. The primary catalyst appears to be the recently concluded Decentraland’s Metaverse Fashion Week (MVFW) 2025, which ran from April 9 to 11.
It's time for the grand finale 💥
It’s the last day of Metaverse Fashion Week and this is your final chance to catch iconic runways, exclusive drops, and epic fashion film screenings.
What are you waiting for? It's time to jump in 🔥 pic.twitter.com/lDFJg5tWli
— Decentraland (@decentraland) April 12, 2025
The event featured interactive panels on fashion-tech convergence and instant outfit purchases using MANA, Decentraland’s native coin, boosting its utility.
This rally has analysts buzzing about what’s fueling the metaverse token’s momentum and where it’s headed next.
Decentraland Price Breaks Out Of Extended Downtrend
Decentraland price action previously had a strong downward trend within a falling channel. However, the recent relief rally resulted in a breakout above the channel and $0.26 resistance, signalling a possible trend reversal or at least a corrective upward move.
The series of consecutive bullish daily candles for the past seven days suggests buyer conviction and institutional interest in the move. This is a key indicator that a MANA price reversal may be imminent.
Up ahead, Decentraland’s price faces resistance around the $0.28-$0.3 range, and beyond that, $0.35. However, the main resistance level lies at the $0.35-$0.4 which coincides with the 50-day simple moving average (SMA).
MANA/USDT Chart Analysis (Tradingview)
MANA Price Eyes 24% Gain In the Short Term
Technical indicators suggest MANA could test $0.35 resistance soon, a level it struggled to breach in early February 2025.
Meanwhile, the Relative Strength Index (RSI) is at 60 and rising. While it is still below overbought, the upward momentum is strong. With about 13 hours left to the close of the daily candle, a close above $0.28 could propel MANA toward $0.35, a 24% upside.
The Moving Average Convergence Divergence (MACD) indicator shows a bullish crossover just occurred, suggesting upward momentum is building and supporting a bullish outcome. However, with RSI nearing 70, a pullback to $0.25 is possible if momentum fades.
While the Decentraland price soars, the MIND of Pepe (MIND) presale is closing on $8 million in funding. Influential YouTuber ClayBro, with over 136K subscribers, says it could lead the AI-agent pack.
MIND Of Pepe Presale Raises $7.98 Million
Blending meme coin flair with cutting-edge AI, MIND of Pepe is positioning itself as a frontrunner in the AI-agent crypto space, drawing both retail investors and sharp-eyed whales.
Unlike typical meme coins riding hype alone, MIND of Pepe offers real utility. Its autonomous AI agent, trained on vast datasets including 60,000 crypto-focused tweets, conducts hive-mind analysis to spot market trends before they break.
Knowledge. $MIND pic.twitter.com/DLAmmd76Au
— MIND of Pepe (@MINDofPepe) April 9, 2025
Scanning social platforms like X and blockchain data in real time, the project delivers exclusive insights to MIND holders, giving them a head start on high-potential trades.
The AI doesn’t stop at analysis. It engages influencers, shapes conversations, and even has the chops to launch new tokens, offering holders early access to fresh opportunities.
MIND of Pepe’s staking program is another draw, boasting a 281% annual return. Almost 1 billion MIND tokens have already been locked up.
To join, investors can buy MIND tokens for $0.0037115 with ETH, USDT, or a bank card.
Investors have less than 35 hours left to buy before the next price hike.
Discover more about MIND of Pepe.
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