DecentralandLong
The MANA Crypto shows an uptrend
The MANA Crypto shows an uptrend from the price of $0.2700 to $0.8000. However, the price failed to jump above the supply and formed support at $0.5500.
This formed support at $0.5500, proved a worthy support as the price spiked from this level and is currently trading at $0.6741 with an intraday loss of -2.61%. Moreover, the price is above 20-day and 50-day dynamic support bands, MACD is above zero line at 0.0121, and RSI is at 54.49, which has taken support from the 14-SMA smoothened line.
Therefore, if the price wants to go more upside, then it needs to surpass $0.8000. this would open doors for more upside potential and could invite price towards $1.00 as well.
On the flip side, if the price fails the current spike and deteriorates, then the price could fall beneath the $0.5500 level.
This formed support at $0.5500, proved a worthy support as the price spiked from this level and is currently trading at $0.6741 with an intraday loss of -2.61%. Moreover, the price is above 20-day and 50-day dynamic support bands, MACD is above zero line at 0.0121, and RSI is at 54.49, which has taken support from the 14-SMA smoothened line.
Therefore, if the price wants to go more upside, then it needs to surpass $0.8000. this would open doors for more upside potential and could invite price towards $1.00 as well.
On the flip side, if the price fails the current spike and deteriorates, then the price could fall beneath the $0.5500 level.
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