MANA Price Prediction: Decentraland Ready to Soar in 2025? (2024)

MANA Price Prediction: Decentraland Ready to Soar in 2025? (1)

Bittime - Decentraland (MANA) was a highlight in the Metaverse world in 2021, but the sector has seen a significant downturn since then.

MANA, the token from Decentraland, also did not escape this impact, experiencing a drastic decline from its highest price.

However, in November 2024, MANA showed signs of recovery, with a price of around $0.695 on November 25, 2024.

MANA Performance and Latest Market Trends

MANA has experienced underperformance in 2023 and 2024, but there is renewed hope after the price spike seen in November.

This increase indicates that MANA may be on the way to recovery.

With the right analysis, many believe that MANA can return to a positive growth path.

MANA Price Prediction: Decentraland Ready to Soar in 2025? (3)

MANA Price Prediction for 2025

Based on analysis conducted on November 25, 2024, the price prediction for Decentraland shows that MANA could reach between $2.24 to $3.36 by 2025.

This projection is based on the wave count method, which shows that MANA has completed an A-B-C corrective structure from January 2023 to February 2024.

If this pattern continues, MANA may reach new highs in the future.

Technical Analysis and MANA Indicator

Analisis ATR (Average True Range) MANA

MANA Price Prediction: Decentraland Ready to Soar in 2025? (4)

Average True Range (ATR) is an indicator used to measure market volatility.

A higher ATR indicates increased volatility, while a lower ATR indicates decreased volatility.

On November 25, 2024, the ATR for MANA was recorded at 0.09, indicating that volatility is currently low.

This could be a signal that the market is stabilizing, and significant price movement may occur if the ATR starts to increase.

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MANA RSI (Relative Strength Index) analysis

MANA Price Prediction: Decentraland Ready to Soar in 2025? (5)

Relative Strength Index (RSI) is a momentum indicator used to determine whether an asset is overbought or oversold.

On November 25, 2024, the RSI for MANA is at 70, which indicates overbought conditions.

This means that MANA may experience a price correction in the near future, but it could also be a signal that the bullish trend is still continuing if the price remains above level 50.

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Price History of MANA and Comparison of MANA with Similar Tokens

Below is a table showing the price history of MANA and how it compares to similar tokens in the Metaverse ecosystem:

Token

Current Price

Prices One Year Ago

Price changes

All-Time High

All-Time Low

Decentraland (MANA)

$0.695

$0.4728

+46.9%

$5.90 (Nov 2021)

$0.007883 (Oct 2017)

The Sandbox (SAND)

$0.756

$0.4379

+71.9%

$8.40 (Nov 2021)

$0.028 (Nov 2019)

Axie Infinity (AXS)

$8.10

$6.44

+25.7%

$164.90 (Nov 2021)

$0.123 (Nov 2020)

Enjin Coin (ENJ)

$0.28

$0.2943

-4.85%

$4.85 (Apr 2021)

$0.015 (Nov 2019)

Price Prediction Long Term MANA

The price prediction for 2026 shows that MANA could reach between $4.45 to $6.65.

Additionally, long-term analysis shows that if MANA continues to grow and attract more users into its ecosystem, the price may increase further.

Taking into account historical data, MANA has shown significant growth since its launch, and if this trend continues, the price may reach higher targets.

Read tooDecentraland Price (MANA) price to IDR

Conclusion

With all the factors in place, Decentraland (MANA) appears to be well on track to experience a price surge in 2025.

If this positive trend continues, MANA could become one of the interesting tokens to watch in the cryptocurrency market.

Investors are advised to monitor the latest developments and conduct in-depth analysis before making investment decisions.

FAQ about MANA Price Prediction

What is Mana Coin?

MANA is the native token of Decentraland, a decentralized virtual reality platform built on the Ethereum blockchain.

Decentraland allows users to buy, sell and monetize content and applications in a virtual world.

Users can purchase virtual land called LAND using MANA tokens, which are also used for transactions in the Decentraland ecosystem.

MANA is an ERC-20 token that can be used to purchase various in-game items and participate in platform governance via the Decentraland DAO.

Source: Kraken
Sumber: CoinMarketCap

How to Buy Crypto on Bittime

MANA Price Prediction: Decentraland Ready to Soar in 2025? (6)

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit theBittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

Reference

Valdrin Tahiri,Decentraland Price Prediction 2025: MANA Targets Growth as Metaverse Gains Traction, Accessed November 27, 2024

Author: IN

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

MANA Price Prediction: Decentraland Ready to Soar in 2025? (2024)
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