- The MINA crypto price slips below the EMA-100 on the intraday session.
- The 24-hour trading volume is at $39 million.
- MINA/BTC pair is trading negative by -8.8% at 0.00007061 BTC.
Moving Average (EMA) containing 20,50,100,200 In the MINA crypto daily price chart, it is a reliable support for currency price change. Investors can observe that price slips below the white line and can guarantee a bearish trend as long as costs are below the 100 moving average.
The volume (741.200 K) is below the 20-day moving average (1.501 M). The volume is moderate, so the cost has struggled for several days. Investors may also notice a decline in volume. This indicates that unusual changes are expected on the following trading days.
MINA Crypto Price Slips Below The Support
The daily price chart of the MINA crypto shows stability above the support zone. Depending on the price action, the support region is within $3.60. On the flip side, the resistance level to look for is around $5.10.
The RSI showed a 33 (bearish) sign with a short-term sell signal. Investors may observe that the indicator’s RSI line is running downside. A plunge can happen on upcoming trading days.
The MACD shows a (bearish) cross below the signal line on November 17, indicating a sell signal for the crypto. In addition, investors can see huge red bars in the histogram indicator.
Conclusion
Mina Protocol price today is $3.44 with a 24-hour trading volume of $39,029,070. MINA price is down -9.4% in the last 24 hours. It has a circulating supply of 310 Million MINA coins and a total supply of 876 Million.
The RSI and MACD indicate a sell signal. Traders have directed low volume. In fact, the cost slips below the support zone. A market overview also shows that this pattern will continue to plunge in the coming trading days.
Resistance Level: $5.10
Support Level: $3.60
DISCLAIMER
The views and opinions stated by the author, or any people named in this article, are for informational ideas only, and they do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.