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MANA traders need to watch out for this over next 24 hours
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Decentraland has had quite an impressive fortnight. The asset’s price managed to surge by close to 500% since 28 October. Midway, MANA did apply brakes and briefly consolidated after hitting $4.95 on a couple of exchanges on 31 October. However, the alt was quick to spring back to action on the price chart.
In effect, the attainment of $5 seems to be quite a possibility again. To achieve this feat, however, the coin would have to sail through the next 24-hours that’s set to be quite tricky.
Further, the funding rate curve on most exchanges seemed to be heading downward, at the time of writing. Even though the curves have been able to sustain above the 0% mark, their downward inclination did not emit optimistic signs.
This suggests that a
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