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Decentraland Forecast – When is it worth investing in Decentraland?

 


The Decentraland course managed to catch itself at the support or psychological level of the $1 mark during the crash. The course was able to find buyers and thus close the week on a positive note. However, the next week, the current one, continued negatively, hence we expect the price to break the $1 support soon. The week is almost over, so it's easy to judge the week's closing price. As this week is likely to end in a bearish state , we assume that the price is not finished with the downtrend or sell-off. Prices below $0.60 are conceivable.

If Decentraland price happens to break the $1 support, we expect price to target the next support. This is around $0.50, which is why the price could fall another 50%. It is also possible for the Decentraland price to drop into the $0.36 - $0.38 support zone. However, this is only for a short time. If you want to invest in Decentraland, then you should definitely start at around $0.37. However, one should always keep the worst-case scenario in mind. Because of this, we would even place orders at around $0.10 to get the lowest price possible.

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