The correctional wave of the MANA cryptocurrency, which began in November 2021, is coming to an end. Over 5 months, the MANA price slowly fell from the upper trend line of the growth channel to the lower. The trading volumes during this tedious price fall was low and the price was looking for shelter and a reliable foothold to stop. Such a foothold was seen in January, when the MANA price jumped 90% up in two weeks. This was the result of a test of an important liquidity range of $1.8. https://www.tradingview.com/x/hDdZ3eQv/ In fact, from February 2022, sellers are trying to lower the MANA price again to $1.8, but these attempts still look pathetic. For maximum certainty about the feasibility of investing in the MANA cryptocurrency in the current price range, we should wait for the test of the lower trend line of the growth channel. In the event of an increase in trading volumes and the formation of pins down on the weekly timeframe, we will receive the final signal to buy MANA. The first target, where you can fix the return on investment is the mark of $3.54. On this mark, there is a liquidity range of sellers, which for the first time buyers may not be able to pass. However, after a local price rebound to $2.2, we expect the growth wave to continue with the next target of $5.4. Technical Analysis Of MANA On The Daily Timeframe https://www.tradingview.com/x/4SA8riiX/ Analyzing the movement of MANA price on the daily timeframe...
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