MANA price makes a beeline for the $80 level Decentraland now up by almost 9% over the past 24 hours More buyers have entered the market as SEC Chair Gensler’s speech shrugged off by crypto investors The MANA price seems to be moving forward fairly consistently after having had a rather stagnant period. Decentraland gained no less than 9% over the past 24 hours to come in at the $0.75 mark. The crypto market seems to have shrugged off the Gensler speech on more crypto regulation with many coins also on the up. It seems that the MANA price is now in a bullish cycle and should continue its ascending path over the next few days. Unless bearish pressure comes into the equation, the Decentraland price should continue to rise considerably after having retraced from its 28 July high of $0.80. If you haven’t yet bought some MANA then take a look at this How To Buy Cryptocurrency Beginner’s Guide. Short Term Prediction For MANA price: Recovery well underway Get FREE Crypto Signals Now! The MANA price suffered a sharp fall on July 28 after having reached the $0.80 level which was a 40% rise from its July 20 low. Decentraland descended to the $0.72 level which was a 10% decrease but is now on the up again. A bullish forecast for the MANA price would see it rise to the $0.80 mark from where it should find another springboard to attack the $1 mark. It should encounter considerable resistance at the $0.85 mark which is a level that was last seen back in June although buying pressure is once again very strong. Alternatively, a bearish thesis should invalidate this prediction for the MANA price. If that were to occur, Decentraland would sink below the $0.70 level where a sell off could push the price down to the $0.62 level where support may be found. However, that scenario does look slightly unlikely, at least for the time being. If you haven’t yet entered the crypto market then you should take a look at these Top Cryptocurrency brokers. Long Term Price Prediction For Decentraland: Spectre of Regulation Still Holds But Not All Is Dark Whilst the Gary Gensler speech may have created some short-term jitters for the crypto market, this should not just be seen in a negative light. On a long-term basis, the crypto market would definitely benefit from better regulation as some Wild West cowboys still remain. It remains to be seen what the long-term effects may be on the MANA price. Predictions have it reaching the $1 mark by the end of September and the $1.50 mark by the end of the year. With the crypto market appearing to have turned the corner, it looks rather positive for MANA (Decentraland). Looking to buy or trade Decentraland now? Invest at eToro! Buy MANA Now Capital at risk Gerald Fenech Gerald Fenech Freelance journalist and writer with over ten years experience in forex and fintech writing. Specializes in crypto and blockchain View All Post By Gerald Fenech Expert score 5 Etoro - Best For Beginner & Experts0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 5 Read Review Open My Free Account Your capital is at risk. Crypto NewsForex News share Read Next Chainlink Price Prediction: Time To Buy LINK As Bulls Roar Back Gerald Fenech 3 months MANA price makes a beeline for the $80 level Decentraland now up by almost 9% over the past 24 hours More buyers have entered the market as SEC Chair Gensler's speech shrugged off by crypto investors The MANA price seems to be moving forward fairly consistently after having had a rather stagnant period. Decentraland gained no less than 9% over the past 24 hours to come in at the $0.75 mark. The crypto market seems to have shrugged off the Gensler speech on more crypto regulation with many coins also on the up. It seems that the MANA price is… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
