Decentraland(mana)market reviews and price predictions

Decentraland market statement for 2022-11-29

Yesterday the price of mana stood at $0.39. The market capitalization of the asset was $705 146 284. Decentraland’s volatility was established at 0.54%. The trading volume of the coin reached $59 143 604.

Decentraland prognosis for the next days:

We estimate the price of Decentraland to be $0.33 tomorrow 2022-12-01 and $0.41 on 2022-12-07;

We estimate the market capitalization of Decentraland to reach $713 734 063 tomorrow 2022-12-01 and $717 837 934 on 2022-12-03;

We estimate the volatility of Decentraland to become 1.63% tomorrow 2022-12-01 and 1.9% on 2022-12-03;

We estimate the trading volume of Decentraland to amount to $69 090 123 tomorrow 2022-12-01 and $62 393 531 on 2022-12-03.

Our recommendation for the pair MANA/USD for tomorrow, 2022-12-01, to hold.

Decentraland(mana)week price prediction
UNCLEAR
Price
Volatility
Capitalization
Volume
Nov 06Nov 13Nov 20Nov 27Dec 04Nov 06Nov 13Nov 20Nov 27Dec 040.300.400.500.600.700.300.400.500.600.70
Today's review

Decentraland market stayed flat from November 23 - November 29.

Decentraland portrayed neutral behavior last week, with no changes in the price. The situation on the MANA market shows that the underlying asset is currently experiencing a period of low volatility. There has been a rise in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

Latest reviews

Decentraland slid down by 4% last week (November 18 - November 24) as the sellers pushed back.

The price of Decentraland was falling last from November 18 until November 24, giving enough reason to conclude that the market is bearish. The price swings of MANA pointed to the presence of medium volatility. The price action on the coin's market translated to the decline of market capitalization. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

Bearish price action on November 17 to November 23 resulted in Decentraland by 7%.

The bearish behavior of Decentraland last week was characterized by the occurrence of downswings. The volatility of MANA has been medium throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the decline of market capitalization. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.

The November 16 - 22 market report: Decentraland plunges by 13% as sellers apply more pressure.

The downward movement of the Decentraland price last week indicates the chosen market is bearish. MANA was caught in a period of medium volatility, which was reflected in its price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin from last week stemmed from the decreasing trading volume.

A 18% drop on the Decentraland market last week (November 15 - November 21) signals that the sellers are gaining strength.

The analysis of last week’s price action shows that the Decentraland market is in the bearish phase since the price has been moving downward. The volatility of MANA has been medium throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the decline of market capitalization. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

Bearish price action on November 14 to November 20 resulted in Decentraland by 7%.

The price of Decentraland was falling last from November 14 until November 20, giving enough reason to conclude that the market is bearish. MANA was caught in a period of low volatility, which was reflected in its price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of decreased trading volume.

Red clouds gathered above the Decentraland market last week (November 13 - November 19) as the price went down by 8%.

Between November 13 - November 19, Decentraland has been mostly bearish as its price has been in the falling mode. The volatility associated with the MANA market was low, as were its price fluctuations. There has been a fall in the market capitalization of the asset during the period under review. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

The capitulation of November 12 - November 18 : Decentraland experienced a 14% dive.

The price of Decentraland was falling last from November 12 until November 18, giving enough reason to conclude that the market is bearish. The situation on the MANA market shows that the underlying asset is currently experiencing a period of low volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

Decentraland analysis November 11 - November 17 : bears in all-out attack as the price collapses by 15%.

The price of Decentraland was falling last from November 11 until November 17, giving enough reason to conclude that the market is bearish. The situation on the MANA market shows that the underlying asset is currently experiencing a period of low volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

Down by 4% : The Decentraland market saw some bearish action last week (November 2 - November 8).

The downward movement of the Decentraland price last week indicates the chosen market is bearish. The price swings of MANA pointed to the presence of medium volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of increased trading volume.

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