MANA Technical Analysis: There Is Strength – There Will Be Growth

The great variety of cryptocurrencies for investing often steals the head of investors. It is important to understand that it is necessary to invest in the strongest projects. One of these is the MANA cryptocurrency. This cryptocurrency, unlike others, began its global correction only in November 2022. The MANA price moves peacefully within the growth channel and is close to its bottom trend line. Buyers keep the MANA price as well as possible in all local falls in the BTC price. So, for example, the MANA price did not update the local low from 24 January. To be precise, buyers did not even allow to approach this mark. https://www.tradingview.com/x/EXUSnkcB/ Starting in February 2022, sellers began a local correction of the MANA price. However, the size of the candles and the trading volumes by which sellers implement their initiative speak of their complete depletion. The braking of the MANA price started with the weekly candle on 21 February. The reason was the local mark of $2.21. Since then, sellers have not been able to update this mark. And within a week of 14 March, buyers launched a counterattack. If in the case of other cryptocurrencies that are in total depression, we forecast local price growth, in the case of MANA, the formation of a medium-term growth wave is possible. The first target of buyers is $3.57. At this mark, sellers began to slow down a strong growth trend in October 2021. Therefore, local correction is...