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            Mina (MINA) Price Prediction: MINA Primed for a 30% Upswing Soon!

            Mina price is falling into a deep bearish well, failing multiple times from rebounding from the descending trend

            14 Apr 2022 | 4 min read

            Table of Contents

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            • Key Takeaways:
            • Mina Price Analysis:  Will MINA Price Hit $5 in April?
            • Mina Price Prediction: How High Will MINA Price Go in 2022?
            • Mina Price Prediction: MINA Price Trend Comparison with MATIC (Last 30 Days)
            • Correlation of MINA/USDT and MINA/BTC (Last 30 Days)
            • Where & How to Buy Mina (MINA) coin

            Key Takeaways:

            • The MINA price closed the previous day’s trade at $2.52 with a market capitalization of $1.13 billion and a circulating supply of 458,730,909.84 MINA
            • MINA price looks for a trend reversal and a  jump of more than 25% to uplift from the danger zone
            • The 25% upswing may also not lay down a path towards ATH as the pivotal zones hover around $4.1

            Mina Price Analysis:  Will MINA Price Hit $5 in April?

            The asset’s narrow consolidation within $2.6 to $2.3 may indicate a healthy uptrend incoming ahead. And hence despite attempts to restrict the price, MINA could eventually range towards monthly highs around $3.5. Further maintaining the same pace, it may surpass $4 with less bearish activity. 

            On the other hand, amid the correction phase, the price may eventually slide down after hitting $3 as the bulls got completely exhausted at these levels. And hence unless a strong influx of liquidity, the price may continue hovering between $2.3 to $3. 

            Mina Price Prediction: How High Will MINA Price Go in 2022?

            MINA’s price maintained a decent rally since the beginning and is hovering 57% below its ATH. The price broke the descending trend but failed to validate a strong uptrend. And hence until a trend reversal, it may continue to consolidate hard within the narrow ranges.

            With the resurgence of bulls, MINA’s price could ignite an uptrend towards the ATH at $6.1 initially and attempt for a double-digit target. However, in the due course if the bears get activated, then the price may be restricted below $8.2 to $7.7. However, by the end of the 2022 trade, the MINA price is expected to hover between $6.7 to $8.4. 

            Mina Price Analysis: MINA Price Table (Last 07 Days) 

            Date All-Time High All-Time Low Market Capitalization
            13 April 2022 $2.5 $2.2 $1.13B
            12 April 2022 $2.3 $2.3 $1.09B
            11 April 2022 $2.9 $2.5 $1.20B 
            10 April 2022 $3.2 $2.9 $1.43B
            09 April 2022 $3.3 $3.1 $1.44B
            08 April 2022 $3.5 $3.1 $1.50B
            07 April 2022 $3.5 $3.0 $1.51B

            Mina Price Prediction: MINA Price Trend Comparison with MATIC (Last 30 Days)

            Source: Tradingview

            Mina & Polygon Matic both use the same mechanism, zero-knowledge. Interestingly, MINA prices rose extremely high since the last few days of March, while MATIC maintained a stagnant trend. MINA’s price ignited a bull run from being below the levels by 20% and surged as high as 65% above, but woefully dropped hard to 16.87% at the press time. 

            On the other hand, a very popular altcoin maintained a steady ascending approach by hovering between -10% to +10%. Standing currently at -7.12%, MATIC price displays the probable descending trend ahead. However, MINA’s price too heads towards the south, also carrying the possibility of a flip.

            Additional Read: What is MINA?

            Correlation of MINA/USDT and MINA/BTC (Last 30 Days)

            Source: Tradingview

            MINA/USDT & MINA/BTC pairs after bottoming hard during mid-march rebounded firmly. The prices that were below the average levels by nearly 20% each, rose high to mark highs above 50%. The USDT pair smashed highs close to 70% while the BTC pair managed to jump just above 50%. 

            At present, MINA/USDT has dropped to 20.03% while the BTC pair struggles at 13.38% above the average levels. Moreover, both the trends point towards the south manifesting a descending trend until the end of the day or till the beginning of the weekend.

            Where & How to Buy Mina (MINA) coin

            Buying MINA is safe and secure on CoinDCX. You need to just download the CoinDCX App and enter the required details. Once your details are verified, transfer funds to the wallet and buy a MINA token.

            Investing has become much simpler with the Crypto Investment Plan(CIP). With this plan, you can invest in easy weekly installments. Therefore, start investing in Bitcoin & other cryptos with Crypto Investment Plan now!


            Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. In case you have any queries, write to support@coindcx.com.
            The above information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational & educational purposes only. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.


             

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