MANA coin price surpasses the 200-day EMA as the buying pressure grows phenomenally resulting in the $2.45 level breakout. 

Key technical points:
<ul>
 	<li style="font-weight: 400">MANA coin price approaches the $2.5 mark.</li>
 	<li style="font-weight: 400">In addition, the price resurfaces above the 200-day EMA.</li>
 	<li style="font-weight: 400">The 24-hour trading volume of Decentraland is $766 Million, marking a 127% rise. </li>
</ul>
<h2>Past Performance of MANA</h2>
MANA coin price shows a bullish breakout of the consolidation range near the $2.30 mark resulting in a spike above the $2.45 horizontal level. However, the meta coin faces selling pressure near the $2.50 psychological mark resulting in a retracement to retest the bullish breakout. 

<img src="https://s3.tradingview.com/snapshots/r/rxtxrRQT.png" alt="TradingView Chart" />

Source-<a href="https://www.tradingview.com/x/rxtxrRQT/">Tradingview</a>
<h2>MANA Technical Analysis </h2>
MANA coin price rises above to retest the broken triangle pattern as buyers sabotage the downtrend and bring a potential bullish reversal rally. However, the rally must surpass the psychological barrier at $2.5 to continue the bullish rally.

The altcoin surpasses the 200-day EMA while the 50 and 100-day EMA struggles to achieve a bearish spread as the trend reverses. However, the rally faces bearish tension from the diverging EMAs opposing the bullish growth.

RSI Indicator: The RSI slope faces objection from the 50% mark resulting in a sharp reversal in the uptrend slope. Hence, the indicator reflects the high selling pressure present above the $2.60 mark.

MACD Indicator: The MACD and signal lines give a bullish crossover and startS the positive trend in the MACD histograms. Hence, the indicator shows a jump in underlying bullishness. 

In a nutshell, the MANA technical analysis shows a bullish projection that may shortly surpass the bearish EMAs.
<h2>Upcoming Trend </h2>
MANA coin price gains bullish attention, resulting in the consolidation breakout that may surpass the $2.5 psychological barrier shortly. The rally could result in a price jump to the $3 mark. First, however, the price action confirmation is a must for the bullish entry spot. 

Conversely, closing below the 200-day EMA will nullify the uptrend probability resulting in a retracement to the $2.30 mark.

Support Levels: $2.40 and $2.30

Resistance Levels: $2.5 and $3

MANA Technical Analysis: MANA Buyers Surpass the 200-day EMA

MANA coin price surpasses the 200-day EMA as the buying pressure grows phenomenally resulting in the $2.45 level breakout. 

Vikram is a technical analyst with several years of experience in the crypto market &amp; Indian Equity and F&amp;O Segment. He loves to learn anything and everything related to finance. He possesses strong technical and analytical skills, which he leverages to acquaint our audience with upcoming price trends for different coins.

MANA Technical Analysis: MANA Buyers Surpass the 200-day EMA

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