Decentraland price prediction

Our price prediction is based on hi-resolution deal analysis from cryptocurrency exchanges. We are collecting and gather statistics to obtain price support levels that show most important zones witch traders want to buy or sell stocks. These buy/sell histograms showed in report combined with current trend analysis can be used to build high probability forecasting of future price trends. It also can be useful to set a price on calculated levels to be sure maximum profit was received.

Disclaimer
Cryptocurrency trading involves substantial risk of loss and is not suitable for every investor. All trading strategies are used at your own risk. This page performs statistical analysis of past data and can be used for assumptions about the future only taking into account the statistical probability

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Decentraland price levels prediction for next 7 days

Next 7 days brief prediction

Price of MANA has broken last trend and will FALL from the support level $0.53

Historic price levels for next 7 days

These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
Price Weight(level power) Date of formation
$0.5214465260505676 Weight: 10.161 19 May 2021
$0.4958704113960266 Weight: 18.646 23 May 2021
$0.49405574798583984 Weight: 7.431 20 Jul 2021

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.53 Maximum price support level based on 7 days movements

Decentraland price levels prediction for next 30 days

Next 30 days brief prediction

Price of MANA has broken last trend and will FALL from the support level $0.616

Historic price levels for next 30 days

These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
Price Weight(level power) Date of formation
$1.096127986907959 Weight: 9.988 30 Aug 2021
$1.0129932165145874 Weight: 10.075 23 Apr 2021
$1.0053856372833252 Weight: 9.337 27 May 2021
$1.0049755573272705 Weight: 9.052 20 May 2021
$0.8523118495941162 Weight: 9.555 07 Apr 2021
$0.7451543211936951 Weight: 8.962 13 Jun 2022
$0.6590784788131714 Weight: 34.542 12 May 2022
$0.5214465260505676 Weight: 10.161 19 May 2021
$0.4958704113960266 Weight: 18.646 23 May 2021
$0.37689340114593506 Weight: 10.594 22 Jun 2021

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.616 Maximum price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.91499156 details, prediction
0.89423937 details, prediction
0.8103947 details, prediction
0.79319793 details, prediction
0.7790358 details, prediction
Second tier
0.9703231 details, prediction
0.9659228 details, prediction
0.9614716 details, prediction
0.95897526 details, prediction
0.94094455 details, prediction
Third tier
0.98133993 details, prediction
0.9654531 details, prediction
0.95402855 details, prediction
0.93613696 details, prediction
0.91363937 details, prediction


This report should be leaned to get most info about heading trends. It means that Decentraland price can be leaded by other, more mighty cryptocurrency, or maybe some market trend have affect on it.

It can be confidently asserted that any crypto currency has a significant dependence on the market as a whole and, in particular, the top 3 currencies - Bitcoin, Ethereum and Ripple, so the prediction of their prices will affect the price of Decentraland
Low correlated currencies
Coin Correlation Links
First tier
-0.7262101 details, prediction
-0.6588077 details, prediction
-0.6381607 details, prediction
-0.5343088 details, prediction
-0.50167096 details, prediction
Second tier
-0.7562159 details, prediction
-0.6538386 details, prediction
-0.653719 details, prediction
-0.64843595 details, prediction
-0.64147663 details, prediction
Third tier
-0.98611933 details, prediction
-0.85160035 details, prediction
-0.81674236 details, prediction
-0.7786448 details, prediction
-0.77200675 details, prediction


This report should be leaned to build highly diversified portfolio.
It makes sense to mention that a low correlation in this case includes not only coins whose movements are not statistically related but, on the contrary, move in opposite directions (in the case of a negative value of the parameter)