CryptocurrencyMagnet

Decentraland (MANA) Update: $12.45 Target🎯 Potential 146% Gain

Long
Decentraland (MANA) Update 29/11/21: $12.45 Target🎯 Potential 146% Gain from the current price. Since the 13 EMA crossed up above the 50SMA on the 26th October, Decentraland (MANA) has been in parabolic impulsive wave from $0.75 to $5.71. This was a 600% move in just under 30 days from the 26th October to 26th November where MANA set a New ATH @ $5.71. From the current price we expect MANA to push above the ATH once more before a much needed cool off period where we can see a weak retracement before the next leg up. Use the Buy Zone to map your Buys whether you're accumulating or want to enter. I believe the range between the 50% and 61.80% is the optimal level to sniper in at the current levels. It is important to note, although we are expecting a cool off period in MANA, we can expect continued growth for MANA in the longterm.

Our current targets for Decentraland (MANA) from the current price level @ $4.99
127.20% fibs @ $7.15 (42% Gain)
161.80% fibs @ $8.98 (77% Gain)
261.80% fibs @ $14.28 (182% Gain)
423.60% fibs @ $22.85 (352% Gain)


Use Buy Zone to map out your entry. Please see previous analysis below. Happy Trading :)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.