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Decentraland – Why MANA must break this KEY level to target $0.60
The post Decentraland – Why MANA must break this KEY level to target $0.60 appeared on BitcoinEthereumNews.com. Journalist Posted: September 13, 2025 Key Takeaways Decentraland prices have stagnated around the $0.35 level for months now. It was unable to match the gains seen for BTC, ETH, or across the altcoin market-could this be why it is an appealing buying opportunity for the coming months? Decentraland [MANA] has been in a long-term consolidation phase around the $0.35 price level since February 2025. The price saw a brief breakout to $0.4 in mid-March, but was quick to retrace the gains. Another attempted breakout toward the end of July also failed at the same $0.4 resistance. Since April, the altcoin market capitalization has grown from $900 billion to $1.66 trillion at the time of writing. This 90% expansion was accompanied by a 51% Bitcoin [BTC] rally and a 206% Ethereum [ETH] rally. Therefore, Decentraland was lagging, but its on-chain metrics hinted at a strong price bottom for MANA. As Joao Wedson, Founder and CEO of Alphractal, pointed out in a post on X (formerly Twitter), “Remember- price always moves first — narratives only describe the social reaction to price action. Don’t waste time chasing narratives, accumulate before they appear!” Why you might want to buy MANA Source: Alphractal Data analysis platform Alphractal broke down the Decentraland metrics on X. They explained that the Net Unrealized Profit/Loss (NUPL) was deeply negative. It hit its lowest level in April, which likely marked a strong price bottom at $0.19. Source: Alphractal The MANA realized price was at $0.64. Realized price shows the average price at which each coin was last moved on-chain. Market prices being below the realized price means that, on average, the entire network was holding at a loss. This was also reflected in the NUPL. The $0.64 level would be a stubborn resistance during a recovery, but a breakout past…
The post Decentraland – Why MANA must break this KEY level to target $0.60 appeared on BitcoinEthereumNews.com.
Journalist Posted: September 13, 2025 Key Takeaways Decentraland prices have stagnated around the $0.35 level for months now. It was unable to match the gains seen for BTC, ETH, or across the altcoin market-could this be why it is an appealing buying opportunity for the coming months? Decentraland [MANA] has been in a long-term consolidation phase around the $0.35 price level since February 2025. The price saw a brief breakout to $0.4 in mid-March, but was quick to retrace the gains. Another attempted breakout toward the end of July also failed at the same $0.4 resistance. Since April, the altcoin market capitalization has grown from $900 billion to $1.66 trillion at the time of writing. This 90% expansion was accompanied by a 51% Bitcoin [BTC] rally and a 206% Ethereum [ETH] rally. Therefore, Decentraland was lagging, but its on-chain metrics hinted at a strong price bottom for MANA. As Joao Wedson, Founder and CEO of Alphractal, pointed out in a post on X (formerly Twitter), “Remember- price always moves first — narratives only describe the social reaction to price action. Don’t waste time chasing narratives, accumulate before they appear!” Why you might want to buy MANA Source: Alphractal Data analysis platform Alphractal broke down the Decentraland metrics on X. They explained that the Net Unrealized Profit/Loss (NUPL) was deeply negative. It hit its lowest level in April, which likely marked a strong price bottom at $0.19. Source: Alphractal The MANA realized price was at $0.64. Realized price shows the average price at which each coin was last moved on-chain. Market prices being below the realized price means that, on average, the entire network was holding at a loss. This was also reflected in the NUPL. The $0.64 level would be a stubborn resistance during a recovery, but a breakout past…
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