NewsBTC
2022-09-06 08:05:55

MANA Seen Rising 11% As Buyers Make A Recovery Attempt

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 previous...

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