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Mana Coin Target Price! Decentraland (MANA) Coin Reviews!

Decentraland (MANA) price is falling, but investors' interest in the project remains.

Mana Coin Target Price! Decentraland (MANA) Coin Reviews!

Metaverse sounds like complete madness. We’re talking about a frenzy just like in the early days of the internet. If we could go back in time and walk the streets of Istanbul in 1996 and tell people about today’s internet, 99% of us would make fun of us. Because the wonders that have not yet been achieved are defined as “impossible” goals in people’s minds.

Decentraland (MANA)

It’s the early days of the internet and some forward-thinking investors are buying domains like crazy. Years later, thousands of people with this foresight turned out to be multi-millionaires. It gives us something similar today in the metaverse . Many corporate companies have acquired their virtual lands here and are making plans to prepare their virtual businesses that they will serve their customers for years to come.

In fact, in the days of the domain craze, every domain (niche, of course) that came before it, people still live today. In the image below, you see the lands purchased in the name of well-known brands in Decentraland .

Will these lands be sold for millions of dollars 20 years from now? We cannot give a definitive answer to this. Will there be a situation like domains bought 20 years ago make millions of dollars today? There is no guarantee of that either. Because all metaverse projects need is to be “accepted” by more people. In other words, if 1 billion people stay in the metaverse of Decentraland (MANA), this can of course happen. However, if the project is abandoned after a few years and becomes idle (possibly), the virtual lands purchased will have no value.

Decentraland (MANA) Coin Reviews!

Let’s take those who say that I am not interested in technology and future goals, I made a short-term investment and want a price target here. On the four-hour chart, the RSI is hanging below the neutral zone. At the time of writing, MANA continues to find buyers at $3.27. Especially since the 3.64 region was lost, a door was opened up to $3.13.

If the $3.13 support is also lost, easing to $2.65 can be seen. In the short term, for the price hanging below the 3.28 support, the closest support is at $3.06 and the bottom support is at $2.58. 3.71 resistance will be the first target if the price reverses its direction. The second resistance is at $4.16 with the final target at $4.97.

Samuel Hegi

Samuel Hegi , who first became acquainted with blockchain technology in 2014, is highly critical of blockchain technology. Samuel Hegi, a journalism graduate from the University of Brighton Theblockchainnew.com he is the editor-in-chief of the news portal. Blockchain is love.

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