With the market finding a little bit of stability, let's check out our favorite metaverse and NFT categories! Read more to find out the best coin!👇 CMCAlexandria Author: TraderScarpa Editor: YousraAASheikh MANA APE SAND RACA VRA AXS GALA
MANA is unfortunately still rejecting the $1.1 level after the bounce. The price has broken a higher time frame market structure. This means that any dip, in theory, should get bids. However, if the price closes below $1.02, it will be back in a downtrend. Providing this does not happen, another attempt to flip $1.1 is likely. If buyers can flip $1.1, then it can likely teleport to the $1.33 equal highs. This is a magnet for price.
Below $18, the next area of interest would be $14.19 for bulls. However, fading expansion out of either side is not recommended, as this consolidation has lasted for nearly a month. It means that the direction the price chooses will likely result in a violent move.GALA has broken 4h market structure and is looking as if it may have some more upside movement towards $0.091.
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