Decentraland MANA
Current Price
$0.0671 +0.29%
$0.0014 Daily Range (2.01%)
$0.0662$0.0675
$9.42M Daily Volume
147 BTC
Vol/MktCap: 7.26%
Market Performance
0.06% Relative BTC Volume
The total volume of Decentraland is $9.42M over the past 24 hours, compared to $16.42B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.0671 +0.12%
13 SMA $0.0670 +0.21%
21 SMA $0.0669 +0.27%
55 SMA $0.0672 -0.14%
144 SMA $0.0664 +1.16%
Price Performance
-0.23% 1 Hour Change
$0.0671 from $0.0673
+1.59% 7 Day Change
$0.0011 from $0.0661
-21.07% 14 Day Change
-$0.0141 from $0.0813
-31.26% 30 Day Change
-$0.0210 from $0.0881
All Time High
November 25, 2021
$5.85 -98.85%
-$5.78 vs. now
24H Change
448.23K USD +0.35%
7 BTC
Volume and Supply
Total Supply: 2.19B MANA 
1.94B MANA Available88.23% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
109.43 x BTC Supply109:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
140.97M MANA
traded over past 24 hours
7.28% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Decentraland AI Market Analysis
Decentraland (MANA) is currently trading at $0.066934, reflecting a 24-hour decline of 0.80405%. The daily price has oscillated between a high of $0.068127 and a low of $0.066176, indicating a tight range of $0.001951 for the day.
The trading volume stands at 9,097,565, representing a volume-to-market cap ratio of 7.02%, suggesting moderate interest in the asset. Short-term moving averages indicate a slight bullish sentiment with the 8 SMA at $0.0668 (+0.21%) and the 13 SMA at $0.0669 (+0.11%), while longer-term moving averages are less optimistic, with the 21 SMA at $0.0671 (-0.18%) and the 144 SMA at $0.0664 (+0.81%).
The RSI metrics indicate neutral market conditions; the 1-hour RSI is at 46, suggesting potential for upward movement, while the 7-day RSI at 50 reinforces a lack of strong directional momentum. However, the 14-day and 30-day price changes, at -22.06% and -29.62% respectively, point towards a bearish trend over the medium term, indicating persistent selling pressure.
Fundamentally, Decentraland has seen significant declines from its all-time high of $5.85 in November 2021, which could dissuade potential investors. Current market conditions, with the price hovering near key support levels, could entice buyers looking for entry points, but the ongoing bearish sentiment necessitates caution.
In conclusion, while short-term indicators show slight bullish potential, the overall bearish trend over the past month and medium-term sell signals suggest a more cautious approach. Therefore, the recommendation is to Hold MANA for now, observing for clearer bullish signs before considering a Buy.
The trading volume stands at 9,097,565, representing a volume-to-market cap ratio of 7.02%, suggesting moderate interest in the asset. Short-term moving averages indicate a slight bullish sentiment with the 8 SMA at $0.0668 (+0.21%) and the 13 SMA at $0.0669 (+0.11%), while longer-term moving averages are less optimistic, with the 21 SMA at $0.0671 (-0.18%) and the 144 SMA at $0.0664 (+0.81%).
The RSI metrics indicate neutral market conditions; the 1-hour RSI is at 46, suggesting potential for upward movement, while the 7-day RSI at 50 reinforces a lack of strong directional momentum. However, the 14-day and 30-day price changes, at -22.06% and -29.62% respectively, point towards a bearish trend over the medium term, indicating persistent selling pressure.
Fundamentally, Decentraland has seen significant declines from its all-time high of $5.85 in November 2021, which could dissuade potential investors. Current market conditions, with the price hovering near key support levels, could entice buyers looking for entry points, but the ongoing bearish sentiment necessitates caution.
In conclusion, while short-term indicators show slight bullish potential, the overall bearish trend over the past month and medium-term sell signals suggest a more cautious approach. Therefore, the recommendation is to Hold MANA for now, observing for clearer bullish signs before considering a Buy.
Updated 509 minutes ago.