MANA Makes Its Way Back To CMC’s Top 50 List After 23% Spike -Breaking
[ad_1]
MANA Makes Its Way Back To CMC’s Top 50 List After 23% Spike- The native cryptocurrency of the metaverse Decentraland, MANA, has made its way back to CoinMarketCap’s top 50 cryptos list.
- MANA is also included in CoinMarketCap’s trending list.
- This will continue the reversal in the bear market’s long-term trend. The 8 EMA crosses above the 20 EMA.
The native cryptocurrency of Decentraland, MANA, has made its way back to CoinMarketCap’s top 50 cryptos list. MANA is also included in CoinMarketCap’s trending list and is number 11 on the list.
According to crypto project market caps, the list ranks them. After dropping several positions in the crypto market crash, MANA is now back on the top of the list.
However, the coin seems to be making a bit of recovery as it now fills the 33rd position on the crypto market tracker’s list.
MANA’s price has risen 23% over 24 hours (Source : CoinMarketCap
As a result of MANA’s price increase in the last 24 hours, its market cap now stands at around $2,315,834,285 – ranking the metaverse token just under ApeCoin (APE) at number 32 and just above Hedera (HBAR) at number 34 on the list.
MANA’s daily trading volume has doubled to $1,839875,426 as of the writing.
It’s uncertain if MANA can keep its momentum (Source: TradingView)
MANA’s daily chart shows that there was a significant increase in buy volumes over the past 36-48 hours. MANA, however, is not yet in the clear as the price of MANA ticks above the 8 EMA.
If MANA’s price is able to stay above the 8 EMA then we could see MANA’s short run continue. MANA’s next target level is $1.37. It is the same level as the 20 EMA.
Another possible indication that MANA’s run will continue is if the 8 EMA crosses over the 20 EMA – signaling a bullish reversal of the trend seen in the last few weeks.
[ad_2]