decenterland, the Ethereum-based virtual reality platform, has recently introduced new features for its users, leading to a significant increase in the value of its token, MANA. MANA price is currently trading around $0.7 with a loss of 1.14% in the last 24-hours and closed the last weekly candle with a gain of 83%. If the token price is any indication the new features, which include the ability to link profiles, differentiate nametags and highlight avatars, have been well received by users.
Decentraland (MANA) Price Prediction and Technical Analysis
Decentraland’s MANA is in a strong position bullish trend With the price of MANA trading above the 20-day, 50-day and 100-day EMA, it shows that the short to long term trend for this cryptocurrency is bullish, allowing for broad market conditions. The recent rally in the market has started slowing down, so investors should be cautious.
The MACD indicator suggests that the coin is in an uptrend, however. The MACD line is above the signal line, and its histogram displays a positive value, indicating that prices are currently trading above their respective moving averages.
Despite the RSI of 88.61 suggesting that the token is currently overbought, traders should look for confirmation of volume before investing in any further price action.
With a volume of $78.526 million and a moving average of $39.505 million, it suggests that MANA is experiencing above average trading volume, a clear indication of increased market interest.
An immediate support for the coin lies at $0.5838 to $0.6015, while an immediate resistance lies at the 200-days EMA at $0.7082 and $0.7507 to $0.7887. The next resistance is $1 psychological resistance followed by the previous resistance from $1.064 to $1.1391.
all together, MANA of Decenterland is displaying a bullish pattern; However, the current trading price is trading near potential resistances while exhibiting an overbought RSI. This implies that there could be an upcoming correction period and traders should keep this in mind when making decisions and managing risk levels. If MANA price manages to break the current resistance points, it is quite possible for MANA price to $1 in the near term.
Diversifying Your Crypto Portfolio: Other Options to Consider
The crypto market is showing early signs of a potential rebound so far in 2023. if you’re wondering what best crypto to buy today If you are preparing for the next bull run, a smart approach could be to invest in promising altcoins during the pre-sale period as their prices may be discounted when they hit the exchanges. Is. Coins like MEMAG and FGHT with strong fundamentals are worth exploring.
Meta Masters Guild: The Next Big Thing In Gaming?
Gamers, prepare yourself for a new community gaming experience. The Meta Masters Guild (MMG), a Web3 gaming guild, is set to shake up the mobile gaming world with its blockchain-integrated games and decentralized gaming community. Guild is focused on building an ecosystem that prioritizes fun gameplay, sustainability, and community engagement while addressing key issues affecting the gaming industry today.
The MMG ecosystem is designed to encourage players to invest both their time and money in the multi-game economy while ensuring that they are fairly compensated for their efforts. Players will be able to earn rewards for their contributions in the form of a cryptocurrency called MEMAG, and the in-game assets will be virtually owned and controlled by the players. The open in-game economy will allow players to trade all of their in-game items and currency with each other, just as they would for trading money or in-game property, using “gems” rewards from the game. Huh.
The first game to be launched by MMG is Meta Kart Racers, a PVP or solo racing game made for mobile devices. The company promises that this will be the first of many high-quality, blockchain-integrated mobile games to be added to the Guild’s ecosystem.
What sets MMG apart from other gaming companies is its commitment to addressing predatory practices in the gaming industry. The company believes that by creating a fair and transparent ecosystem, it can help eliminate these practices and provide a better gaming experience for players.
The MEMAG token pre-sale recently launched and is quickly attracting attention from investors, raising over $311K in its pre-sale in just a few days.
Visit the Meta Masters Guild now
Fight Out (FGHT): The future of fitness is here
Get ready to change the way you think about fitness, because Fight Out is combining advanced technology and an inspiring community into the fitness tracking world to help you up your fitness game. This innovative new platform combines smart technology, crypto rewards and community to empower health and fitness enthusiasts like never before.
With Fight Out’s state-of-the-art app and gym network, users can earn rewards for their physical activity and participate in interesting challenges against other members to collect REPS tokens. These tokens can then be used to redeem discounts on Fight Out’s membership packages, memberships, and merchandise including apparel, dietary supplements, and training equipment.
But Fight Out isn’t just about earning rewards, it’s also about community. The app and gym locations foster a supportive environment where members can cheer each other on as they work towards their fitness goals. This community-based approach is designed to motivate individuals to maintain their fitness efforts as they work towards their goals.
Fight Out is also making a unique debut nft-based avatar that monitors users’ physical achievements and level of progress in their fitness efforts. The system provides a tangible way for users to view their progress and stay motivated, pushing people toward their healthier lives by combining tangible rewards with the motivation of a supportive community.
In addition, Fight Out plans to open physical gym locations around the world, which will feature state-of-the-art equipment, Web3-connected technology, and an ambassador program featuring top athletes, which will hold masterclasses and other special events.
This allows members to not only track their progress and earn rewards digitally, but also experience the benefits of working out in a state-of-the-art facility with access to top-tier athletes and trainers. It is clear that Fight Out is poised for success, with its innovative approach and support from experienced partners such as ElBank Labs, Cryptonews.com, Transac and Blockmedia Labs.
Fight Out tokens have been in high demand, with nearly $3 million raised in just a few weeks. The pre-sale is currently ongoing, offering investors the opportunity to get in on the ground floor with a 50% bonus on investments over $50k.
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