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Decentraland Price Prediction – Will MANA Price Hit $8 in 2022? By CoinQuora

by CoinQuora
June 23, 2022
in Cryptocurrency
Reading Time: 8 mins read
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© Reuters. Decentraland Worth Prediction – Will MANA Worth Hit $8 in 2022?

  • Bullish MANA worth prediction ranges from $1.075 to $5.598.
  • MANA worth may also attain $8 quickly.
  • MANA bearish market worth prediction for 2022 is $0.339.

This Decentraland (MANA) Worth Prediction 2022 article relies on technical evaluation alone. Beneath, you will note the important thing metrics that we now have considered upon developing with our MANA worth evaluation and prediction.

Decentraland (MANA) is without doubt one of the most energetic cryptocurrencies that took the crypto world by storm this 12 months. To be particular, the crypto was in a position to obtain an all-time-high worth of $5.90 on November twenty fifth, 2021.

Among the many cryptocurrencies which might be rallying this 12 months, MANA is maybe one of the stunning for some. It’s not immediately associated to , neither is it essentially the most hyped cryptocurrency at the moment. However for these which might be conscious, MANA has been round since 2019. Buyers in MANA obtained a return on funding (ROI) of 100.9% previously 12 months, as a result of excessive curiosity in metaverse tokens.

On this Decentraland worth evaluation and worth prediction, we check out the efficiency of MANA if it should attain $8. However earlier than that, allow us to be taught extra about what Decentraland (MANA) is and its present place within the crypto market.

Desk of contents

  • Introduction
  • What Is Decentraland (MANA)?
  • Decentraland (MANA) Present Market Standing
  • Worth Evaluation
  • Decentraland (MANA) Worth Evaluation 2022
  • Worth Predictions
  • Decentraland (MANA) Worth Prediction 2022
  • Decentraland (MANA) Worth Prediction 2023
  • Decentraland (MANA) Worth Prediction 2024
  • Decentraland (MANA) Worth Prediction 2025
  • Decentraland (MANA) Worth Prediction 2026
  • Decentraland (MANA) Worth Prediction 2027
  • Decentraland (MANA) Worth Prediction 2028
  • Decentraland (MANA) Worth Prediction 2029
  • Decentraland (MANA) Worth Prediction 2030
  • Conclusion
  • FAQ

What Is Decentraland (MANA)?

Decentraland (MANA) is a digital actuality platform primarily based on the blockchain. Furthermore, it permits customers to create, expertise, and monetize content material & functions. Decentraland launched after a $24 million preliminary coin providing (ICO) that occurred in 2017. As well as, the digital world launched its closed beta in 2019 and in addition opened to the general public in February 2020. It’s the first-ever metaverse token to conduct a trend week and digital wedding ceremony.

MANA is an ERC-20 token that must be burnt to accumulate non-fungible ERC-721 LAND tokens. MANA tokens will also be used to pay for quite a lot of wearables, avatars, names, and lots of extra on the Decentraland market.

Do you suppose this market efficiency of MANA may make it a worthwhile cryptocurrency this 12 months? Are you curious to search out out? To be taught extra, let’s head to the MANA chart and discover out if the worth patterns will give us any clues as to how MANA worth will transfer in 2022.

Decentraland (MANA) Present Market Standing

In accordance with CoinMarketCap, MANA trades at $0.875 with a 24-hour buying and selling quantity of $262,028,942, as of the time of penning this MANA worth evaluation. The value of MANA has elevated by 5.67% within the final 24 hours.

Moreover, MANA has a present circulating provide of 1.85B MANA. At the moment, the highest cryptocurrency exchanges for MANA are Binance, OKEx, Upbit, FTX, Gate.io, Bithumb, Bitfinex, Kraken, Bittrex, and CoinTiger Trade.

Now, let’s proceed to the following a part of this MANA technical evaluation for 2022.

Decentraland (MANA) Worth Evaluation 2022

At the moment, MANA holds thirty second place on CoinMarketCap. However will the current modifications and developments within the blockchain assist the cryptocurrency’s worth to achieve greater? Let’s proceed to the chart evaluation a part of this MANA worth prediction article.

MANA/USDT 1Day Chart Displaying Keltner Channel (Supply: Tradingview)

Keltner channel is a technical evaluation indicator that’s used to find out pattern instructions by measuring the volatility above or beneath the candlesticks. From the Keltner Channel alerts for MANA/USDT, we are able to deduce that the worth of Decentraland (MANA) would possibly get bullish in some days because the worth is within the first half of the channel from the underside. Nevertheless, within the long-term, the worth would possibly get bullish since high cryptocurrencies like Bitcoin and Ethereum are already getting bearish from the current bullish run.

MANA/USDT 1Day Chart Displaying Relative Power Index (Supply: Tradingview)

The Relative Power Index (RSI) measures the relative momentum within the magnitude of current worth modifications in order to infer oversold or overbought property. The RSI worth of 1 Day chart is 47.25. This exhibits that MANA is exhibiting a impartial pattern since it’s between 30 and 50. This worth is triggering a bullish run since extra consumers are repositioning as the worth is shifting farther from the 30 RSI worth which is the oversold area.

MANA/USDT 1Day Chart Displaying 200-MA and 100-MA (Supply: Tradingview)

From the chart above, the 200-MA is above the 100-MA which signifies that long-term buyers would achieve. Nevertheless, because the hole between the 2 shifting averages is extensive and each shifting averages are above the not too long ago fashioned candlestick, the following bullish run is likely to be lengthy.

Decentraland (MANA) Worth Prediction 2022

The chart beneath exhibits that Decentraland (MANA) worth has decreased previously few days. Furthermore, the MANA worth is down by 2.9% within the final 7 days. If this pattern reverses, MANA would possibly run bullish, breaking its $1.075 worth at resistance1 stage and pushing greater to $5.598 at resistance7, the 2022 bullish sign.

MANA/USDT 1Day Chart Displaying the Key Ranges (Supply: Tradingview)

Conversely, if buyers associate with the crypto market, the bears would possibly take over and dethrone MANA from its positive factors. In easier phrases, the worth of MANA would possibly plummet to nearly $0.339, a bearish sign.

In the meantime, our long-term Decentraland (MANA)) worth prediction for 2022 is bullish. It has a excessive risk of surpassing its present all-time-high (ATH) at about $5.90 in keeping with CoinMarketCap this 12 months. Furthermore, MANA can hit ATH provided that it breaks many earlier psychological resistances.

If this bullish pattern continues, MANA will attain $5.598 by the tip of 2022. Furthermore, the primary half of 2022 goes to indicate quick progress, as much as $1.075. Then this rise will decelerate, however no main falls are anticipated. With upcoming partnerships, and developments reaching $8 is sort of optimistic within the worth viewpoint however undoubtedly possible for the close to future.

Decentraland (MANA) Worth Prediction 2023

The value of MANA can transfer even nice heights, nonetheless reaching $30. Furthermore, that is attainable provided that the market maintains its bullish pattern. As well as, provided that the cryptocurrency MANA breaks previous the psychological resistance stage.

Decentraland (MANA) Worth Prediction 2024

If MANA holds the help stage round 200-MA, the long-term shifting common of 200 days firmly, consumers will then have ample time and stability to forge the following assault mission on the very important stage at $50, making it not plummet however play constantly.

Decentraland (MANA) Worth Prediction 2025

As per the newest upgrades, developments, MANA worth prediction, and new mission forecasts of the platform, MANA buyers may anticipate many partnerships and integrations round 2025. Furthermore, this would possibly increase the worth of MANA within the crypto market, and it is going to be one of the best funding as the worth can spike and attain round $100.

Decentraland (MANA) Worth Prediction 2026

Within the subsequent 4 years, MANA’s worth may race as much as $150. Nevertheless, reaching this stage couldn’t be so tough for MANA as extra medium, short-term, and long-term worth targets might be discovered to buy or promote orders. This means that MANA has a excessive risk of reaching new ATH quickly within the subsequent 4 years as per the prediction.

Decentraland (MANA) Worth Prediction 2027

As per the newest upgrades, developments, MANA worth prediction, and new mission forecasts of the platform, MANA buyers may anticipate many partnerships and integrations round 2027. Furthermore, this would possibly increase the worth of MANA within the crypto market, and it is going to be one of the best funding as the worth can spike and attain round $300.

Decentraland (MANA) Worth Prediction 2028

Within the subsequent six years, MANA’s worth may race as much as $500. Nevertheless, reaching this stage couldn’t be so tough for MANA as extra medium, short-term, and long-term worth targets might be discovered to buy or promote orders. This means that MANA has a excessive risk of reaching new ATH quickly within the subsequent six years as per the prediction.

Decentraland (MANA) Worth Prediction 2029

As per the newest upgrades, developments, MANA worth prediction, and new mission forecasts of the platform, MANA buyers may anticipate many partnerships and integrations round 2029. Furthermore, this would possibly increase the worth of MANA within the crypto market, and it is going to be one of the best funding as the worth can spike and attain round $700.

Decentraland (MANA) Worth Prediction 2030

Within the subsequent eight years, MANA’s worth may race as much as $1000. Nevertheless, reaching this stage couldn’t be so tough for MANA as extra medium, short-term, and long-term worth targets might be discovered to buy or promote orders. This means that MANA has a excessive risk of reaching new ATH quickly within the subsequent eight years as per the prediction.

Conclusion

MANA has an important future forward of it in 2022. With ongoing developments taking place inside the MANA ecosystem, in addition to within the general crypto market, we may even see MANA attain new heights.

Furthermore, our long-term 2022 MANA worth prediction is bullish. As well as, MANA has a excessive risk of surpassing $1.075 and may attain above $5.598 this 12 months. Nevertheless, that can occur provided that it breaks previous a number of psychological limitations.

What’s MANA? Decentraland is a digital actuality platform primarily based on the Ethereum blockchain. It was launched after a $24 million preliminary coin providing (ICO) that occurred in 2017. MANA is its native cryptocurrency.

The right way to Purchase MANA Tokens? Like different digital property within the crypto world, MANA may be traded on many exchanges. Customers can get hold of MANA tokens by buying them from cryptocurrency exchanges comparable to Binance or Huobi International.

Is MANA value shopping for? MANA is an efficient funding in 2022. Nevertheless, crypto merchants have to take further care when buying and selling in cryptocurrencies, as they’re extraordinarily risky.

Is MANA coin a superb funding? MANA is without doubt one of the energetic digital property within the crypto market. As well as, MANA is now one of many well-known crypto platforms that additionally creates NFT’s.

What would be the Decentraland worth by 2022? Decentraland (MANA) worth is anticipated to achieve $5.598 by 2022.

What would be the Decentraland worth by 2023? Decentraland (MANA) worth is anticipated to achieve $30 by 2023.

What would be the Decentraland worth by 2024? Decentraland (MANA) worth is anticipated to achieve $50 by 2024.

What would be the Decentraland worth by 2025? Decentraland (MANA) worth is anticipated to achieve $100 by 2025.

What would be the Decentraland worth by 2026? Decentraland (MANA) worth is anticipated to achieve $150 by 2026.

What would be the Decentraland worth by 2027? Decentraland (MANA) worth is anticipated to achieve $300 by 2027.

What would be the Decentraland worth by 2028? Decentraland (MANA) worth is anticipated to achieve $500 by 2028.

What would be the Decentraland worth by 2029? Decentraland (MANA) worth is anticipated to achieve $700 by 2029.

What would be the Decentraland worth by 2030? Decentraland (MANA) worth is anticipated to achieve $1000 by 2030.

Disclaimer: The views and opinions expressed on this article are solely the writer’s and don’t essentially mirror the views of CoinQuora. No data on this article needs to be interpreted as funding recommendation. CoinQuora encourages all customers to do their very own analysis earlier than investing in cryptocurrencies.

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