The price of Decentraland's native token, MANA, has recently experienced a loss of an important support level, which has led to a fading of bullish strength in the market. The article notes that MANA had been in a bullish trend for several weeks, with the price reaching new all-time highs in early 2023.

However, the loss of an important support level has led to a weakening of the bullish trend, and the article notes that the price of MANA is currently showing signs of consolidation. The article suggests that the price of MANA could continue to trade within a range in the short term, with a potential for further downside if the support level is not regained.

The broader cryptocurrency market has been experiencing increased volatility in recent weeks, with many coins and tokens seeing significant price fluctuations. This volatility is likely to continue in the coming weeks, and potential investors should carefully consider the risks before investing in any cryptocurrency.

(By Akashnath S)