Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Decentraland (MANA) to Rise Higher? Analyst Spots Key Fractal Hinting at Major Rally

Decentraland (MANA) to Rise Higher? Analyst Spots Key Fractal Hinting at Major Rally

CoinsProbeCoinsProbe2025/05/31 01:16
By:Nilesh Hembade

Date: Thu, May 29, 2025 | 05:10 PM GMT

The cryptocurrency market has staged an impressive rebound this quarter, with Ethereum (ETH) leading the charge. After climbing over 49% in Q2, ETH is now trading above $2,650— a level last seen in February. This renewed bullish sentiment is not just limited to ETH. It’s lifting altcoins across the board, including Decentraland (MANA).

MANA has gained impressively over 25% in the last 60 days. While this rally alone is a strong sign of bullish interest, if a key fractal pattern holds true—this could just be the beginning.

Decentraland (MANA) to Rise Higher? Analyst Spots Key Fractal Hinting at Major Rally image 0 Source: Coinmarketcap

MANA Mirrors 2020–2021 Setup

According to prominent crypto analyst @CryptoBullet1 , MANA is flashing a remarkably similar structure to its 2020–2021 accumulation phase. The weekly chart shows a series of higher lows, forming a classic quadruple bottom—just like it did before its massive bull run in late 2020.

Decentraland (MANA) to Rise Higher? Analyst Spots Key Fractal Hinting at Major Rally image 1 Decentraland (MANA) Weekly Chart/Source: @CryptoBullet1 (X)

This “fractal” pattern—essentially a repeating price behavior—suggests that MANA might be on the verge of another breakout. The chart highlights the same descending support trendline, with the current structure mimicking the pre-breakout phase seen years ago.

Back then, the breakout led to a massive 14,000%+ rally, taking MANA from $0.04 to over $5.91. This time, the target zone appears to be between $1.60 and $2.80, which aligns with the Fibonacci retracement levels of 0.618 and 0.786—common zones for price reversals during bullish cycles.

Major Rally Incoming?

The analyst describes the upcoming bullish wave as an “Exit Pump” — hinting that this might be the final major upside before the market sees a broader correction or trend reversal. According to the projected path on the chart, MANA could first surge towards the $1.60 mark, with a potential last leg pushing as high as $2.80. That would represent a massive 800%+ gain from its current price levels — a move that could offer one last window of explosive upside for opportunistic traders and long-term holders.

If MANA continues to follow this historical fractal pattern, the next few months could present a golden opportunity for long-term holders and swing traders to capitalize on substantial gains before momentum slows.

Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Stocks, cryptos lower following Israel strike on Iran

Investors moved to safe assets like the US dollar and gold, but bonds faltered

Blockworks2025/06/14 09:08

GameStop Shares Plummet as Massive $1.75B Bitcoin Investment Stuns Market

GameStop's Plunge Seemingly Triggered by Risky Crypto Venture, Critics Label the Move 'Insane'

Coineagle2025/06/14 08:08
GameStop Shares Plummet as Massive $1.75B Bitcoin Investment Stuns Market

Bitcoin Peaks: Is it Premature to Call it a ‘Major Top’ as Peter Schiff Does?

Unpacking Peter Schiff's Premature Speculation on Bitcoin's Market Peak

Coineagle2025/06/14 08:08
Bitcoin Peaks: Is it Premature to Call it a ‘Major Top’ as Peter Schiff Does?