Decentraland (MANA) rises 20% – Can Decentraland (MANA) hit €1

Decentraland is a metaverse and virtual reality platform built on Ethereum and recently experienced a significant price increase after announcing new features. The project’s native token, MANA, is currently trading at $0.7, up 1.14% in the past 24 hours. This means that the price has increased by 83% compared to the week before.

New functionalities, such as the ability to link profiles, change name tags and highlight avatars, have been well received by investors and have driven the share price upwards. MANA is one of the most promising metaverse projects and is on our list of the best metaverse coins for a reason.

Decentraland (MANA) Price Prediction and Technical Analysis

MANA is in a strong bullish trend, with the price trading above the 20-day, 50-day and 100-day EMA. This indicates that the short-term and long-term trend looks bullish for this coin. However, investors should be cautious as the market begins to cool.

However, the MACD indicators suggest that the coin is in an uptrend. For example, the MACD line is above the signal line, indicating a historically positive value. This indicates that the current price should be higher than the moving averages.

Despite the RSI at 88.61 indicating that the token is overbought, as an investor you would be wise to wait for the volume confirmation before taking any further action.

MANA volume stands at $78.526 million and the moving average volume stands at $39.505 million. This suggests that MANA is experiencing above average trading volume, which is a strong indicator of market interest.

The nearest support levels are at $0.5838 and $0.6015. Also, the resistance levels are at the 200-day EMA from $0.7082 and $0.7507 to $0.7887. The next resistance is at the $1 psychological level, which is followed by $1.064 and $1.1391.

Taking all factors into consideration, it can be concluded that MANA is showing a bullish pattern. However, the current price is close to possible resistance levels and an overbought RSI, suggesting that possible corrections are imminent and investors should proceed with caution. If MANA manages to break through the current resistance levels, a $1 price will soon be unrealistic.

Diversify your crypto portfolio: Other options to consider

The crypto market is showing early indicators of a possible recovery in early 2023. Smart investors are therefore getting ready for the next bull run, and a practical trick is to invest in presales. Coins like MEMAG and FGHT have strong fundamentals and are therefore worth a closer look. Below you can find more information about these promising coins.

Meta Masters Guild: The next big gaming hit?

Players beware: The Meta Masters Guild (MMG) is a Web3 gaming guild that has the potential to turn the online gaming world upside down. The game runs on a decentralized gaming community and blockchain integrated games. The focus of the project is on good gameplay, durability and community engagement. Also, known issues in today’s gaming industry are addressed.

meta masters guild

The MMG ecosystem is built to reward players for investing their time and money into the multiplayer economy. The platform offers a fair reward for efforts, and players can win MEMAG, the project’s original token, by contributing. The open economy allows players to trade and buy in-game items. All assets in the game are fully owned by the players and players can win gems as a reward for playing.

The first game launched by MMG is Meta Kart Racers. This is a PVP or solo racing game built for mobile phones. The company states that this is the first game in a series of high-quality blockchain-integrated mobile games.

What sets MMG apart from other gaming companies is that, unlike many other games at the moment, it tries to build a fair and transparent ecosystem that provides the best gaming experience possible.

The MEMAG token sale was recently launched and has already attracted a lot of attention from investors. For example, $311k has already been raised in the first few days.

Visit the Meta Masters Guild now

Note: Cryptocurrencies are volatile and unregulated investments.

Fight Out (FGHT): The future of fitness has arrived

The way you think about fitness is changing as Fight Out implements technology and community into the fitness world. This innovative platform combines smart technology, crypto rewards and community to motivate fitness enthusiasts in a new way.

Fight Out is building an innovative app and fitness chain where users receive rewards for working out and participating in activities. In addition, users can also compete against each other and win REPS tokens, which can then be used to get discounts on membership and merchandise.

However, the Fight Out platform does not only run on rewards, but it also runs on a tight community. The app and gym locations have a close-knit atmosphere where members can motivate each other and work together towards their goals. This community-based approach was created to make the overall experience on Fight Out better.

Fight Out also introduces a unique NFT-based avatar that tracks physical performance and levels from training. The system thus offers a measurable way to stay motivated, combined with tangible rewards that push users towards the healthiest lifestyle possible.

In addition, Fight Out plans to open physical gyms around the world. These will feature state-of-the-art equipment, integrated with Web3 technology, and will feature an ambassador program of athletes delivering masterclasses and other unique content.

Members can digitally measure their progress while working out in gyms with the best equipment and trainers. Fight Out is clearly on the way to success with its unique concept and is already backed by partners such as LBank Labs, Cryptonews.com, Transak and BlockMedia Labs.

Demand for the Fight Out token is high and over $3 million has been raised in a matter of weeks. The pre-sale is currently in full swing and investors have the opportunity to get a 50% bonus by investing $50k or more.

Visit FightOut now

Note: Cryptocurrencies are volatile and unregulated investments.

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