Decentraland Established The Uptrend

Since 11th of July, Decentraland has been moving steadily upwards producing higher highs and higher lows. On the 17th of July price reached the high at $0.135, which has resulted in a 53% growth in less than a week.

Then price corrected won to $0.11, where MANA/USD has rejected cleanly 50% Fibonacci retracement level. Today MANA broke above the ascending channel, suggesting the continuation of the uptrend.

There are several resistance levels to watch. First 161.8% at $0.14, second 261.8% at $0.17, and the final upside target and strong resistance is at 361.8% Fibs, that is $0.2.
buyChart PatternsdecentralandTechnical IndicatorsmanamanausdsignalSupport and ResistancetargetTrend Analysisuptrend

📱 Telegram: t.me/Tradexcel
Juga pada:

Penafian