Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- Mina Protocol is down -4.96% today against the US Dollar
- MINA/BTC decreased by -5.96% today
- MINA/ETH decreased by -4.48% today
- Mina Protocol is currently trading 24.90% below our prediction on Mar 18, 2024
- Mina Protocol gained 8.67% in the last month and is up 79.89% since 1 year ago
Mina Protocol price | $ 1.49 |
Mina Protocol prediction | $ 1.99 (30.09%) |
Sentiment | Bullish |
Fear & Greed index | 81 (Extreme Greed) |
Key support levels | $ 1.46, $ 1.36, $ 1.24 |
Key resistance levels | $ 1.69, $ 1.81, $ 1.91 |
MINA price is expected to rise by 30.09% in the next 5 days according to our Mina Protocol price prediction
According to our Mina Protocol price prediction, MINA is expected to reach a price of $ 1.99 by Mar 18, 2024. This would represent a 30.09% price increase for MINA in the next 5 days.
MINA Price Prediction Chart
Buy/Sell Mina Protocol
What has been going on with Mina Protocol in the last 30 days
Mina Protocol has been displaying a positive trend recently, as the coin gained 8.67% in the last 30-days. The medium-term trend for Mina Protocol has been bullish, with MINA increasing by 92.23% in the last 3 months. The long-term picture for Mina Protocol has been positive, as MINA is currently displaying a 79.89% 1-year price change. On this day last year, MINA was trading at $ 0.830602.
Mina Protocol reached its all-time high price on Nov 11, 2021, when the price of MINA peaked at $ 6.49. The current MINA cycle high is $ 1.71, while the cycle low is at $ 0.351931. MINA has been displaying low volatility recently – the 1-month volatility of the coin is at 5.90. Mina Protocol recorded 11 green days in the last 30 days.
Mina Protocol technical analysis for today – Mar 13, 2024
The sentiment in the Mina Protocol markets is currently Bullish, and the Fear & Greed index is reading Extreme Greed. The most important support levels to watch are $ 1.46, $ 1.36 and $ 1.24, while $ 1.69, $ 1.81 and $ 1.91 are the key resistance levels.
Bullish sentiment for Mina Protocol
26 indicators are currently signaling a bullish prediction for Mina Protocol, while 3 indicators are showing a bearish forecast. With 90% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Mina Protocol.
Crypto market is currently experiencing Extreme Greed
Currently, the Fear & Greed index is at 81 (Extreme Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Mina Protocol moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Mina Protocol is positioned in the market right now.
Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
MA3 | $ 1.28 (BUY) | $ 1.35 (BUY) | – | – |
MA5 | $ 1.32 (BUY) | $ 1.30 (BUY) | – | – |
MA10 | $ 1.32 (BUY) | $ 1.19 (BUY) | – | – |
MA21 | $ 1.31 (BUY) | $ 1.02 (BUY) | $ 0.751173 (BUY) | $ 0.951594 (BUY) |
MA50 | $ 1.26 (BUY) | $ 0.827435 (BUY) | -$ 1.61 (BUY) | $ 0.748983 (BUY) |
MA100 | $ 1.16 (BUY) | $ 0.686791 (BUY) | -$ 2.14 (BUY) | $ 0.402257 (BUY) |
MA200 | $ 0.858886 (BUY) | $ 0.615098 (BUY) | – | – |
Period | Value | Action |
RSI (14) | 61.20 | NEUTRAL |
Stoch RSI (14) | 100.00 | SELL |
Stochastic Fast (14) | 86.58 | SELL |
Commodity Channel Index (20) | 66.67 | NEUTRAL |
Average Directional Index (14) | 14.19 | NEUTRAL |
Awesome Oscillator (5, 34) | 0.06 | NEUTRAL |
Momentum (10) | 0.28 | NEUTRAL |
MACD (12, 26) | 0.02 | NEUTRAL |
Williams Percent Range (14) | -13.42 | SELL |
Ultimate Oscillator (7, 14, 28) | 65.94 | NEUTRAL |
VWMA (10) | 1.42 | BUY |
Hull Moving Average (9) | 1.51 | BUY |
Ichimoku Cloud B/L (9, 26, 52, 26) | 1.43 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Mina Protocol is at 61.20, suggesting that MINA is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Mina Protocol over the last 50 days. Currently, Mina Protocol is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the MINA closing price for the last 200 days. MINA is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this Mina Protocol prediction
After considering the above factors, we can conclude that the current forecast for Mina Protocol price prediction is Bullish. MINA would have to increase by 30.09% to hit our $ 1.99 target within the next five days. Moving forward, it will be important to monitor the MINA market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Mina Protocol price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Source: https://coincodex.com/article/39028/mina-protocol-prediction-march-13-2024/