Some of the top Metaverse coins, such as MANA, GALA, and AXS, have witnessed a significant downfall during the past two months. However, this overextended selling across the majority crypto market has brought the interest of potential buyers back to the market, leading to a minor uncertainty among the retail traders.
Anyhow, this consolidation could bring some great entry opportunities for interested buyers as we go through their price behavior.
MANA Price Breached A Long-Coming Resistance Trendline
For the past two months, the Decentraland(MANA) price gradually falling under the descending trendline influence marked a low of $0.63. The downtrend displayed a 77.6% loss concerning the high of March 31st($2.85).
Amid the ongoing uncertainty in the crypto market, the MANA price walked a lateral path and gave few more restest to the overhead resistance trendline. However, today the altcoin witnessed an 8% jump on the intraday level and pierced the descending trendline.
