Blur (BLUR) and Decentraland (MANA) Encounter Resistance, While Meme Moguls (MGLS) Soars in Final Presale Ahead of Grand Launch

As opposed to the recent uptick in the global cryptocurrency market cap, several crypto tokens are still finding it hard to hit new resistance levels during the past week. Though the Decentraland (MANA) token is steadily approaching its weekly resistance level, the native MANA token has already experienced a rough seven days prior to its final price uptick. 

On the other hand, Blur (BLUR) token is many strides away from hitting its weekly resistance as the weekly price chart just reflected a bearish position below its support price. Meanwhile, Meme Moguls (MGLS) is ushering a new earning opportunity into the meme coin space, where players can play games to earn. As this new player strategically positions itself among the best crypto investments, the native MGLS token is nearing the completion of its presale campaign.

Decentraland (MANA) Makes Giant Strides to Surpass Its Weekly Resistance

Despite facing recent obstacles, Decentraland’s price remains steady, with its native token MANA witnessing a 17.75% price increase over the past year. Now the native MANA token has sustained a 5.00% increase over the past week as it strives to reach its resistance of $0.538.

While performance metrics of Decentraland show volatility, the project’s innovative approach and engaged community present potential prospects for investors interested in the growing virtual reality realm. Hence, Decentraland may price substantially higher sometime this year.

Decentraland token is currently holding in a weekly price range of $0.4672 to $0.5359, with hopes of making higher ranges when the project garners enough adoption. Ultimately due to the sector in which it finds itself, Decentraland is bound to reflect a major price surge this year

Meme Moguls (MGLS) is Gaining an Increasing Amount as It Awaits The End of Its ICO on Feb 28

Meme Moguls (MGLS) is a new meme coin contender that is rapidly gaining traction within the rapidly emerging meme coin space, showcasing its remarkable ascent through a highly successful presale endeavor that has garnered an impressive total funding exceeding $2.65 million. 

Presently, it is navigating through the 6th and final stage of its presale journey, further igniting the burgeoning interest surrounding its native MGLS token as many investors now see MGLS as the best crypto to buy this year.

At its core, the MGLS token assumes a multifaceted role within the intricate fabric of the Meme Moguls ecosystem. Not only does it serve as the primary medium of exchange within the forthcoming Meme Moguls game, but it also assumes the mantle of a governance token, endowing holders with the invaluable privilege of participating in pivotal decision-making processes shaping the trajectory of the project.

https://twitter.com/meme_moguls/status/1733077444930703567?ref_src=twsrc%5Etfw

In addition to these captivating features, the Meme Moguls ecosystem also boasts the exhilarating Moguls game—an innovative platform offering simulated investing experiences that allow participants to engage in virtual stock market trading competitions, honing their investment acumen while vying for coveted positions atop the incentivized wealth leaderboard. 

Through these interactive play-to-earn experiences, users will be able to see high periodic gains. As Meme Moguls plans to end its presale this week, the MGLS token is now being sold at $0.0042, marking a 120% rise from its initial price of $0.0019.

Blur (BLUR) Declines Lately As It Prices Below Its Support Level in a Bear Market

Despite sustaining a positive outlook for the month, Blur (BLUR) token has seen a series of deep fluctuations throughout the month as the token rose high and dropped flat in the past three consecutive times in the last few weeks.

Blur is currently pricing below its support price level of $0.7709, however, the token may achieve a comeback above this price before the month-end as it has already reflected a previous rise above this point.

As Blur’s price aims to reach its next resistance level at $0.8285, the cryptocurrency is currently trading within a weekly price range of $0.6455 and $0.8255. Despite experiencing a 1.19% loss in the past seven days, it is not unreasonable to consider that the Blur token has the potential to surpass its previous all-time high of $5.02, which was achieved over a year.

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