MINA TA introduction
MINA technical analysis is currently exceptionally bullish. A few days ago on our Twitter we explained that MINA was showing strength, suggesting that a MINA price surge was just around the corner, as shown down below.
MINA vs the market
Upon recent BTC short term consolidation, MINA has surged in price jumping from $2.9 USD to $5.6 USD in only a matter of days (+94%), out performing the majority of the cryptocurrency market.
In the short term MINA is looking at the $7.14 – $7.50 USD zone (+58%). This target has the potential to be hit relatively quickly. One reason for this is due to MINA having no more significant historical resistance zones remaining, which should allow for MINA to fly. In the chart below you can see our up to date ST MINA TA.
The BTC threat
The only threat to the current MINA TA chart is the current BTC standpoint. BTC is currently
looking short term bearish which could trigger another shock move down. If this occurs it is
highly unlikely that MINA will fall below the $4 USD level.
MINA continues its awesome price gains with this trend showing no signs of slowing down. If
you enjoyed our MINA TA please give it a like and share on Twitter!
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