Decentraland news

Decentraland (MANA) surged more than 10 % in the past 24 hours, lifting the token to a two‑month high of about $0.31 and positioning it as the top‑performing crypto today. Technical analysis shows a strengthening buying pressure, with the on‑balance volume indicator reaching its highest level since December 2024, and the price trading above the 20‑day exponential moving average, a dynamic support line near $0.26. MANA’s daily chart also displays an ascending trend line that has acted as cushion, suggesting that buyers are in control and confirming a short‑term uptrend. If the rally continues, analysts project a break past $0.34 with a possible push to $0.44, a 41 % gain, while a reversal could push the price as low as $0.19, roughly 40 % below current levels. The convergence of volume momentum and price above key averages signals enduring bullish sentiment in the metaverse token.

Bitcoin and other cryptos slipped over the weekend amid renewed concerns over Trump‑promised tariffs, but began to recover early Tuesday after tariff delays on Mexico and Canada were announced. Gaming tokens suffered the biggest losses, with Immutable’s IMX falling 14% from Sunday to Monday and still about 26% lower after a week. Other play‑to‑earn tokens such as SAND, GALA, AXS, MANA and PRIME dropped 21%‑30%, while Notcoin fell 35% and PIXEL fell 32%. Only a few assets posted gains, with Sui down less than 2%, Sweat Economy up 8%, and smaller caps like GoMining and Xterio moving higher. Deadrop, the shooter studio, shut down after layoffs tied to a co‑founder’s misconduct and a Twitch ban. The company cited an inability to recover from the scandal and urged its 55‑plus staff to seek new opportunities, while its social media presence was removed.

MANA, Decentraland's native token, climbed to a $0.70 9‑month peak, up roughly 70% in the past week amid a broader metaverse token rally. The surge followed a sharp rise in active addresses, leaping nearly fivefold from about 810 on Nov. 20 to much higher levels, signalling boosted user activity. Trading volume also spiked to about $1.57 billion, reinforcing the bullish signals from address growth. On‑chain analysis of the In/Out‑of‑Money map shows large “out‑of‑the‑money” holdings around $0.70, which could form resistance and trigger a short‑term retracement toward $0.61. However, if buying pressure overruns the $0.70 level, the token might instead push toward $0.80, leaving the near‑future direction uncertain.