Mina (MINA) Springs Back to Life After a Long Hiatus

  • Mina (MINA) coin has surged by 38% in the last two days, becoming the fourth-highest gainer.
  • The recent Bitcoin ETF news has positively impacted the altcoin market, including MINA.
  • Technical analysis for MINA shows potential resistance levels at $0.53, $0.56, $0.60, and $0.62.

The Mina (MINA) coin, a popular project among the crypto community, has experienced a significant increase in value, rising by 38% in just two days. This surge has made it the fourth-highest gainer in the market. The recent Bitcoin ETF news has had a positive effect on the altcoin market, including MINA.

Mina (MINA) Technical Analysis

After weeks of decline, Mina (MINA) spiked to $0.37 and then reached $0.432 before experiencing a slight pullback. With Bitcoin’s price climbing above $30,000, MINA began its bull run, reaching $0.51, a total increase of 38%. Currently trading at $0.487, potential resistance levels for MINA are at $0.53, $0.56, $0.60, and $0.62. If the coin can maintain a price above $0.62, it could experience even faster growth.

 MINAUSDT 1D Binance Chart

 

However, a downturn in the market or negative news about the MINA project could cause the price to drop back to $0.47 and $0.43. If buyers at the $0.43 level fail to support the price, a further decline to $0.37 is possible.

 

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Merritt Vale
Merritt Valehttps://en.coinotag.com/
Merritt Vale is a 24-year-old woman who has a strong affinity for the Dogecoin community and has a particular love for the altcoin Shiba. With a passion for understanding the latest trends and developments in the cryptocurrency industry, Merritt provides fresh perspectives and valuable insights to her readers.
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