Mina Price Prediction: MINA is up 20%, beating the market down, as this pre-sale token closes at $5.8 million in the pre-sale.

adminDecember 28, 2023

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that much Mina price rose 20% in the last 24 hours Trade for $1.35 As of 5:16 a.m. ET, trading volume had increased 135% to $248 million.

MINA has surged 57.5% in price over the past week, outperforming the overall global cryptocurrency market, which is up 2.1%.

MINA is also outperforming similar cryptocurrencies within FTX Holdings, which recorded a gain of 3.8%.

Mina Price: Bullish beyond rising channel

MINA price chart analysis. Source: Tradingview.com — MINAUSDT chart analysis. Source: Tradingview.com

MINA showed a gradual upward trend within the rising channel as the bulls pushed the price up from the $0.39 support level.

Technical indicators are more optimistic, with the Relative Strength Index (RSI) rebounding from the neutral level of 50 to trade at 80, indicating strong buying pressure.

The 50-day and 200-day simple moving averages (SMA) are trading below the price with a golden cross forming at $0.48, further supporting the bullish momentum.

Mina Price Bulls Target New Highs Above Rising Channel

Mina price shows continued bullish momentum with bulls targeting new highs before the end of 2023. Bulls could target the May 2022 high of $2.15 in the first quarter of 2024 if momentum continues.

However, high volatility could cause bears to step in and drive the price lower, which would push the bulls back towards the $1.05 support zone, which coincides with the upper boundary of the rising channel.

As MINA continues to surge, AI cryptocurrencies are also on the rise, and experts are paying particular attention to YPRED, which is set to launch on major exchanges.

Last Chance, YPRED Raises $5.8 Million

YPRED Pre-sales brought in $5.8 million, quickly hitting the $6.5 million goal. This is the eighth and final pre-sale stage before the tokens are launched on major exchanges. Investors can purchase the token for $0.11 before the price increases to $0.12 once the pre-sale target of $6.5 million is reached.

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