Mina Price Surges by 20%, Trading Volume Up by 135%
The Mina price is currently trading at $1.35, up by 20% in the last 24 hours, while its trading volume rose by 135% to $248 million. With a 57.5% price surge over the past week, Mina has outperformed the overall global cryptocurrency market performance, which has only seen a 2.1% increase. Additionally, Mina is also outpacing similar cryptocurrencies within FTX Holdings, which have registered a 3.8% gain.
Mina Price: Bulls Break Above Rising Channel
Mina has been on a gradual uptrend within an ascending channel as bulls push the price up from the $0.39 support level. Technical indicators paint a more bullish picture, with the relative strength index (RSI) rebounding from the neutral 50 levels and trading at 80, signaling intense buying pressure. The 50-day and 200-day Simple Moving Averages (SMAs) are trading below the price, further supporting the bullish momentum.
Mina Price Bulls Target New Highs Above Rising Channel
Mina shows a sustained bullish momentum as bulls target new highs before 2023 ends. Bulls could aim for the May 2022 high of $2.15 in the first quarter of 2024 if the momentum sustains. However, with high volatility, bears could intervene and push the price downwards, forcing the bulls to retreat to the $1.05 support zone, coinciding with the upper boundary of the rising channel.
Last Chance, YPRED Raises $5.8 Million
yPredict (YPRED) presale has garnered $5.8 million, racing to its $6.5 million target. This marks the eighth and final presale stage before the token’s launch on major exchanges. As a cutting-edge platform, yPredict offers traders convenient access to sophisticated insights through AI models that generate precise trading signals. YPRED is structured with a listing market capitalization of just $6.5 million, creating ample space for future growth.
Hot Take
Mina’s price surge indicates a bullish momentum, targeting new highs before the year ends. Meanwhile, YPRED’s presale success highlights growing investor interest in AI cryptos, signaling a potential shift in the market. With experienced analysts and experts noting YPRED’s potential, the token is expected to gain significant attention and market value in the coming months.