- The MINA coin price holds above the 55-EMA during intraday.
- The 24-hour trading volume is at $74 million.
- MINA/BTC pair is trading positive by 4.5% at 0.00008042 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 holds above the yellow line on the daily timeframe. It will guarantee a MINA uptrend as long as prices are below the moving average.
The volume (111.948 K) is below the 20-day moving average (509.934 K). The volume is low, so the cost is struggling for several days. Investors may also mark a decrease in volume. This indicates that unusual changes are normal on the following trading days.
MINA Coin Price Action Can Take Off From The Critical Support Level
The daily price chart of the MINA coin moves towards the support zone gradually. Depending on the price action, the support area is within $4 & $4.50. On the flip side, the resistance range to look for is around $6 & $6.50.
The RSI showed a signal of 48 (bearish) with a short-term sell sign. Investors may find that the indicator’s RSI line is running downside. A plunge can happen on future trading days.
The MACD shows a (bearish) cross below the signal line on November 19, indicating a sell signal for the currency. In addition, investors can see red bars in the histogram indicator.
Conclusion
Mina Protocol’s price today is $4.49 with a 24-hour trading volume of $74,073,144. MINA price has been up 3.0% in the last 24 hours. It has a circulating supply of 300 Million MINA coins and a total supply of 872 Million.
RSI and MACD indicate a sell signal. Traders have directed low volume. In fact, the cost moves towards the support zone. A market overview also shows that this pattern will continue to plunge in the coming trading days.
Resistance Level: $6 & $6.50
Support Level: $4 & $4.50