After Decentraland [MANA] lost its previous baseline at the $2-mark, sellers led the trend on their end by keeping the price below the basis line (green) of the Bollinger Bands (BB) for the most part.

MANA is still among the 40 largest digital assets by market capitalization in June 2022. According to Be[In]Crypto Research, MANA closed May with a market capitalization of approximately $2 billion.

Decentraland is one of the largest metaverse projects in the crypto ecosystem, but its token MANA has been on a steady downtrend in recent weeks. After a brief foray beneath the $0.72 support, the price has rallied by an impressive 80%. However, this rally might be near its end, and rejection at a resistance zone could occur over the next day or two for the crypto asset.

For the fourth straight session, Decentraland has shown up and has seen a surge of nearly 2%. More so, MANA’s fourth day exhibited a price spike trading above $1.

Decentraland’s [MANA] descent below the $2-mark has constricted the alt within the bearish shackles. The alt has been struggling to find a position above the EMA ribbons for over three months now.

Ever since the crypto bear market that began in November 2021, Decentraland officially joined a bear market. Prices dropped from a high of around $6 to a low of a...

What happened: Virtual land tokenized as an NFT just sold for $6,060, which is 2.25x the current floor price of 2.26 Ethereum ETH/USD -2.16% + Free Alerts ($6,060 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52 square feet. Land in Decentraland and The Sandbox skyrocketed after Facebook's rebrand to meta, as more investors become aware of what the metaverse is. Most of the time, virtual land sells at a premium due to the size of the lot and its proximity to the center of the metaverse.

Decentraland (MANA) price remains bullish despite a minor setback in the previous trading session. The price opened the session lower but quickly recovered to test the session’s high level. However, it retraced back after testing the $1.02 level.

Decentraland is a one-of-a-kind project that got popular due to its authenticity and innovation. It allows users to communicate in an online world where they can even buy NFTs. Due to this, Decentraland (MANA) is gaining a lot of attention when it comes to investing. This is why we want to share with you our Decentraland (MANA) price predictions for 2022-2030.

What happened: Virtual land tokenized as an NFT just sold for $7,038, which is 2.46x the current floor price of 2.398 Ethereum (CRYPTO: ETH) ($7,038 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52 square feet. Land in Decentraland and The Sandbox skyrocketed after Facebook (NASDAQ:META)'s rebrand to meta, as more investors become aware of what the metaverse is. Most of the time, virtual land sells at a premium due to the size of the lot and its proximity to the center of the metaverse.