MANA slumps almost 12% as sellers dominate and metrics signal further downside

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Decentraland slides 11.66% today

Highlights

Decentraland has operated as a virtual world on Ethereum since 2020, using the MANA token for transactions and governance through a decentralized autonomous organization.
Recent updates have focused on improving user accessibility, but user activity and MANA prices have decreased from previous highs under broad selling conditions.
MANA trades below key moving averages, with strong technical selling signals; the expected five-day range is $0.05525 to $0.06295, favoring further downside.

User activity declines as accessibility efforts fail to lift demand

Decentraland is a virtual 3D world built on Ethereum that has operated since February 2020, using the MANA token for in-world transactions and governance voting. The project remains overseen by a decentralized autonomous organization, which manages operational rules and the community treasury. Despite ongoing efforts to improve user accessibility, including recent desktop software releases, reports of declining user activity and significant drops from prior price peaks have accompanied the current climate, though price action has remained under broader selling pressure.

Anton Kharitonov, expert at Traders Union, sees clear technical and fundamental risks for MANA. Sellers dominate trading and price action remains deeply negative. User engagement problems persist and recent platform developments have not attracted new demand. He notes that all key moving averages are acting as strong resistance, with momentum deeply bearish and volatility rising. "There is no real recovery catalyst for MANA — persistent user outflows and technical weakness suggest further downside remains most likely," Kharitonov states.

Viktoras Karapetjanc, expert at Traders Union, highlights the recent pressure but finds opportunity in the project’s underlying structure. He points to Decentraland’s ongoing governance via DAO and recent accessibility updates as supportive factors. The bullish long-term moving average alignment remains intact, hinting at positive shift potential when sentiment improves. Despite near-term softness, he sees the current range as groundwork for future upward moves. "This market offers setups for proactive bulls — I see further growth expected once immediate resistance is breached," Karapetjanc affirms.

Sholanke Dele, market strategist, believes sentiment is fragile and market participants show little conviction in MANA’s recovery. He thinks that ongoing reports about user decline are sapping investor confidence and making rebounds unlikely. Macro headwinds further add to the risk profile. "Unless Decentraland reverses its user engagement slump, I expect sellers to keep driving the price lower," Dele concludes.

Persistent bearish signals as key levels cap recovery potential

MANA/USD is trading below all key moving averages. The current price at $0.0591 sits beneath the MA-20 ($0.073155), MA-50 ($0.084468), and MA-200 ($0.0774095), reflecting persistent downside pressure across short, medium, and long-term trends. A bullish long-term alignment remains with MA-50 positioned above MA-200, but the Ichimoku Kijun at $0.07785 now acts as distant resistance. The closest resistance is set at $0.0609, while the immediate support floor stands at $0.05525. Momentum indicators reinforce the bearish outlook: both the MACD and ADX signal selling pressure. The RSI is neutral, while both Stochastic RSI and CCI are in oversold zones, suggesting potential for a rebound but not a confirmed trend reversal. BBP remains negative, indicating sellers control intraday momentum. The asset opened nearly flat, dropped $0.0078 or 11.66%, and is near the session's low, with intraday volatility at 10.02%. Trading action shows sellers are dominant and recovery signals are absent thus far.

Previously it was reported that Decentraland faced sustained technical weakness, with analysts highlighting persistent downside momentum and elevated risk of further declines. The latest bearish extension and high probability of continued price pressure reinforce the need for traders to closely monitor support at $0.05525 as the critical level for near-term direction.

Source of Data: MANA Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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