Major Support for MANA
Decentraland. A crypto that has many applications that are similar to the new implementation of the metaverse to Facebook's portfolio. This could pose as a viable competitor to Facebook which they would either attempt to buy out (they already have their own crypto) or use some of their tech to help them achieve what Decentraland has already.
The pattern shows that it's reaching 61.8 Fib level which is a major level when rebounding (potential dead cat bounce but doubtful). The 50 EMA is also showing support in this area. Price has consistently rejected this area and the catalyst of Facebook potentially releasing more news about Metaverse tech could be what this crypto needs to continue to rocket past previous all-time highs!
The pattern shows that it's reaching 61.8 Fib level which is a major level when rebounding (potential dead cat bounce but doubtful). The 50 EMA is also showing support in this area. Price has consistently rejected this area and the catalyst of Facebook potentially releasing more news about Metaverse tech could be what this crypto needs to continue to rocket past previous all-time highs!
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