Mina Price Prediction: Should You Invest in Mina?
Current price prediction
Mina to USD
Source: CoinMarket Cap
In the 24- hour USD chart, the coin was trading at a bullish trend. At the start of the chart, the coin was trading at a price of $1.774 and trading at a 24-hr volume of $33.99M this was on the 3rd of May. The coin however took a dip in the next few hours trading at a price of $1.7437 and showing a 24-hour volume of $32.53M.
The coin started making slight improvements over the next few hours and its growth spiked to a trading price of $1.9251 and recorded a 24-hour volume of $35.90 this was in the morning hours of the 4th of May. However, in the next hours, the coin was still trading at bullish levels till the time of writing when it is trading at a price of $1.8996.Additionally, the coin has had a high of $1.94 and a low of $1.74 in the last 24 hours. Mina is up 7.74% in the last 24 hours.
Source: Trading view
Mina marked high volatility as the Bollinger bands were widening in the 24-hour chart. The bands are relatively apart showing a likelihood of the current upward trend might be coming to an end. The upper band was at $2.67 while the lower band was at $1.642 this shows the help the upper band was showing for the coin price. However, the moving average was at $2.125.The RSI line was at 43.39 which shows that it is neutral it doesn’t lie on any specific side. In the MACD, the signal line is crossing above the MACD line this indicates a selling signal of the coin.
Technical Analysis
The 24-hour overview price summary indicates that 4 out of the 26 indicate buy and 12 out of 26 indicate sell. In the Moving average, it has a strong sell-off of 11 out of 26 and a buy of 3 out of 26. Moreover, the oscillators, it is on a neutral whereby the buy and the sell are on 1:1 respectively.
What Do Financial influencers think of the Mina Price Prediction?
According to YouTube Financial influencer Joe, the market looks nice for the investor to keep an eye on both the upward trend and the downward trend this is because the market is bullish and we are not certain on what direction will it take. Additionally, with the preparation in mind, you will know when it dips down you are prepared with support levels. Also if it soars up you are prepared with targets.
https://www.youtube.com/watch?v=Q-04SzSDydM
Youtuber Altcoin says that Mina is currently on the value this means that we will see the number of people who are buying the coin increase. Also, we will get to see another rally for this price. He says that in the future the coin might reach a price of five dollars and if it continues with the current bullish trend it might reach ten dollars.
https://www.youtube.com/watch?v=deFL51TbLio
Reasons why you should invest in the Mina Coin
Mina has been ranked number 82 on the coin market cap.it has also been recently listed in coinbase this is bringing attention to the coin and we can see an increase in the users making it a good coin to invest in, in the long run. Here are some of the reasons why you should invest in Mina: