Decentraland (MANA) Falls 0.02%, Outperforms the Crypto Market Thursday

Thursday, September 15, 2022 01:20 PM | InvestorsObserver Analysts

Decentraland (MANA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has fallen 1.63% to $0.7251612366.

InvestorsObserver is giving Decentraland a 31 Volatility Rank. Find out what this means to you and get the rest of the rankings on Decentraland!

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Moderately Volatile

InvestorsObserver gives Decentraland a moderate volatility rank of 31, placing it in the bottom 31% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. MANA's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Decentraland price is in a favorable position going forward. With support near $0.709172723621391 and resistance set at $0.733359752029441. This leaves Decentraland with room to run before facing selling pressures.