The MANA coin price retests the bullish breakout of the $2.45 horizontal level and continues the bullish trend. Will the trend reach $3?

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Let us move ahead to read about MANA technical analysis.
<h2>Past Performance of MANA</h2>
The MANA coin price action shows a bullish recovery from the $2.45 mark resulting in a 6.50% gain in the past day. However, the price struggles to rise above the 100-day EMA and might show some reversal later in the daily chart. Nonetheless, the increased trend momentum might shortly give buyers a breakout entry opportunity.

<img src="https://s3.tradingview.com/snapshots/q/QAGb2HW5.png" alt="TradingView Chart" />

<a href="https://www.tradingview.com/x/QAGb2HW5/">MANA/USD Daily Chart</a>
<h2>MANA Technical Analysis</h2>
The <a href="https://www.cryptoknowmics.com/news/mana-technical-analysis-next-bullish-stop-for-rising-uptrend-at-3/">MANA</a> coin price action retests the bullish breakout of the $2.45 mark and shows a quick bullish reversal to restart the uptrend. However, the selling pressure of the slow crypto market keeps the possibility of a bearish takeover alive.

The crucial Exponential Moving averages shows a bullish alignment as the price struggles to rise above the 100-day EMA. Therefore, the short and medium-term trend remains bearish, however, the support from the 200-day EMA keeps a long-term bullish trend. 

The MACD indicator shows a sharp recovery in the MACD and signal lines after the bullish crossover. Moreover, there is a  rising trend in the bullish histogram despite the recent retracement. 

The DMI indicator shows DI lines approaching each other to give a bullish crossover to reflect the trend reversal. Furthermore, the ADX line breaks below the 25% mark indicating a loss in momentum.

In conclusion, the technical indicators support the price action and suggest a possible bull run in the MANA prices shortly. 
<h2>Upcoming Trend</h2>
The MANA technical analysis shows the coin price retesting the bullish breakout of the $2.45 mark and continues the uptrend with the price jump. Therefore, we can observe the price reaching the $3 mark.

Buyers at current prices can reach the $3 and $3.35 mark as the buying pressure grows with the recent successful retest of $2.45. On the opposite end, the support level below $2.45 is at $2.

MANA Technical Analysis: Retest Aims To Reach $3

The MANA technical analysis shows the coin price retesting the bullish breakout of the $2.45 horizontal level and continues the bullish trend.

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: Retest Aims To Reach $3

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