MANA finds support. After a correction that has lasted for just over a week, MANA token has found support at their 50 day EMA
, which has been a reasonably strong support since the beginning of December. That said, one key factor that traders should bear in mind is that residents of the Decentraland are actively preparing for the opening of the platform and hiring designers to embody their most interesting fantasies. As things stand, the token looks set to continue its uptrend over the coming weeks.
For now, the token is a fair distance from overbought territory, whether you look at the Bollinger Bands
or the RSI
, and looks set to move higher.