After the massive pullback of Bitcoin (BTC), many altcoins saw sharp declines, while the price movements on the side of Mina (MINA) drew attention.
Mina (MINA), which is among the most depreciating coins of the day, seems to have created fear in its investors. The coin, which was seriously affected by the price action of BTC today, has lost close to 9 percent. MINA, which has a significant audience in the crypto ecosystem, created question marks in the minds of its investors after this price movement. Will MINA, which regressed to the level of $ 0.78, be able to gather strength and stand up again?
Mina (MINA) Graphic Analysis
MINA, which lost value greatly affected by the instant collapse of Bitcoin (BTC), fell to the level of $ 0.73. With the strong reaction from these levels, MINA, which started to attack from abandonment, reached the levels of $ 0.78. Currently, the coin, which is largely below its daily and weekly price, seems to have exceeded its monthly opening price somewhat.
In order to talk about the rises on the MINA side, staying above the $ 0.785 level is one of the main criteria. If the upward path continues, it is one of the main factors to exceed the weekly, daily and $0.87 level, respectively. In particular, the continuation of the downward trend of BTC may bring the levels of 0.754, 0.73 – 0.723 dollars for MINA again.
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