NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin May Be In A Price Slump—But Adoption Is In A Bull Market
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin May Be In A Price Slump—But Adoption Is In A Bull Market

Decentraland Consolidates Near $1.05 – Can MANA Attract Buyers Now?

Christian Encila
Christian Encila
Last Updated: August 13, 2022 2:50 pm
2 mins read
Decentraland

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Decentraland (MANA) shows an uptick after it has successfully breached a critical supply level adjacent to $0.9405.

  • Decentraland (MANA) on an uptrend following breach on critical supply mark near $0.9405.
  • MANA price remains bullish with a daily candlestick hovering above $1.0605 hinting further gains.
  • MANA price plunged for the second straight session spotted on Saturday.

Current price analysis also shows a prolonged consolidation as a couple of candlesticks would need to close higher than its current level in order to sprint further.

Related Reading

Shiba Inu

Shiba Inu (SHIB) Buildup At This Price Level Could Be Favorable

1 year ago

MANA Trades At $1.07

According to CoinMarketCap, MANA/USD trades at $1.07 or up by 2.43% as of press time. The 24-hour trading volume improved a bit compared to a couple of hours ago and is currently riding at $148,165,816 or down by 13.47%.

MANA price was down by 28% a couple of hours ago so this is definitely a huge improvement so far. A downtrend in price with a reduction in trading volume would usually hint a downside trend but so far the numbers are definitely improving by the hour.

Judging by the daily chart, MANA price certainly looks bullish with established higher highs as well as higher lows. Interestingly, the MANA bulls are trying to shift the support into a resistance zone. More so, MANA price was able to break the important 50-day EMA seen at $0.947.

Buying Pressure Can Trigger Uptick In MANA Prices

It’s wise to note that Decentraland has been trading below the EMA since April. The chart also shows a Doji candlestick pattern indicating some form of indecisiveness or apprehension from investors. But, a reinvigorated buying pressure can surely trigger the prices to go higher.

More so, a daily candlestick spotted well above the session’s high leaves a flicker of hope for the bulls. With that said, the bulls will definitely shoot next for the $1.20 level.

Related Reading

Axie Infinity

Axie Infinity Under Bearish Grip, But AXS Investors Still Optimistic

3 years ago

Generally, the total volume levels would usually go down following a price consolidation. More so, the volume may also pick up close to the highs as seen in the charts. Following the third session high, volume expansion becomes apparent after the downtrend. More so, the breach in the support will strengthen the validity of the pattern.

Trading volumes for MANA is observed to be trading below its average numbers for the past few weeks; plus the price trading shooting for a slight uptrend. Now, if MANA price fails to close above the $1.05 mark in the next sessions, MANA might possibly slip into a downtrend.

MANA total market cap at $1.98 billion on the daily chart | Source: TradingView.com

Featured image from Medium, Chart from TradingView.com
Tweet123Share196ShareSend
Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. 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.

Read more

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 – 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’ 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 – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Peter Schiff Says Bitcoin Has Never Beaten Gold Since 2021

Peter Schiff has a number. And he wants everyone to see it. The longtime gold supporter and Bitcoin critic took...

Christian Encila 5 hours ago
Bitcoin

Why Investors Are Not Buying Bitcoin And Ethereum Despite ‘Low’ Prices

Crypto analyst BitQuant has commented on why market participants are not buying Bitcoin and Ethereum despite the recent lows. This...

Scott Matherson 7 hours ago

솔라나 80달러선 하락에도 고래 매집 포착…“67달러 추가 조정 가능성”

솔라나(SOL)가 80달러 초반대까지 하락한 가운데, 일부 애널리스트들은 단기적으로 67.5달러 수준까지 추가 조정 가능성을 제기하고 있다. 가격 흐름만 놓고 보면 약세 국면이지만...

Yeom Jisun 7 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Elliot Wave Analyst Predicts Bitcoin Price Will Crash In Final Move, What’s The Target?

Scott Matherson 21 minutes ago
Bitcoin

Bitcoin Emerges As Strategic Asset In Emirates NBD Investment Plans

Godspower Owie 1 hour ago
TRON_TRX_TRXUSD_optimized

TRON’s 994M Q4 Transactions Support TRX Push Toward Key Resistance Zones

James Halver 4 hours ago

Premium Sponsors

Press Releases

  • CreditBlockchain

    CreditBlockchain cloud mining helps users earn up to 0.078...

    3 weeks ago
  • モネロが686ドルで史上最高値を更新、時価総額トップ11入り──1月に注目のアルトコインは?

    ...

    1 month ago
  • ChatGPTが分析:2026年の仮想通貨 1000倍候補はどれか

    ChatGPTが分析:2026年の仮想通貨...

    1 month ago
  • 新しい仮想通貨:2026年に注目すべき3銘柄、次に急騰するコインはどれか

    ...

    1 month ago
  • ドージコイン 今後:ミームコイン市場に投機売買が再び戻る

    ドージコイン...

    1 month ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.