- The MINA coin price struggles around the 55-EMA during intraday
- The 24-hour trading volume is at $64 million.
- MINA/BTC pair is trading negative by -4.1% at 0.00006528 BTC.
Moving Average (EMA) In the MINA coin daily price chart containing 8,13,21,55 EMA, it is a reliable support for currency price movements. Investors can find that price moves above the yellow line and guarantee an uptrend for MINA as long as prices are above the moving average.
The volume (650.171 K) is below the 20-day moving average (810.244 K). The volume is moderate, so the cost is struggling. Investors may also notice a reduction in volume. This indicates that unusual changes are normal on the following trading days.
MINA Coin Price Shows Minor Signs of Downtrend
The daily price chart of MINA coin is on the rise. Depending on the price movement, the support range is between $3.50 and $4. On the flip side, the resistance area you should be looking for is $6- $6.50.
The RSI showed a signal of 47 (bearish) with a short-term sell forecast. Investors may find that the indicator’s RSI line is sloping downwards. A rise can happen on future trading days.
The MACD shows a (bearish) cross below the signal line on November 2, indicating a sell signal for the currency. In addition, investors can see red bars in the histogram indicator.
Conclusion
The price for the Mina Protocol is now $4.31, with a 24-hour trading volume of $64,244,188. MINA’s price has increased by 2.0% in the last 24 hours. The offer is 290 million coins, and the total offering is 869 million coins.
RSI and MACD indicate a sell signal. Traders have directed moderate volume. In fact, the cost is gradually moving towards the support zone. A market survey also shows that this pattern will continue its uptrend in the coming trading days.
Resistance Level: $6- $6.50
Support Level: $3.50- $4