- Bullish MINA price prediction for 2024 is $1.5774 to $2.6871.
- Mina (MINA) price might reach $3 soon.
- Bearish MINA price prediction for 2024 is $0.6139.
In this Mina (MINA) price prediction 2024, 2025-2030, we will analyze the price patterns of MINA by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS |
INTRODUCTION |
|
MINA (MINA) PRICE PREDICTION 2024 |
|
| MINA (MINA) PRICE PREDICTION 2025, 2026-2030 |
| CONCLUSION |
| FAQ |
Mina Protocol (MINA) Current Market Status
| Current Price | $1.13 | 24 – Hour Price Change | 0.96% Down |
| 24 – Hour Trading Volume | $30,234,680 |
| Market Cap | $1,187,241,689 |
| Circulating Supply | 1,048,199,923 MINA | All – Time High | $9.91 (On June 01, 2021) |
| All – Time Low | $0.352 (On October 11, 2023) |
What is Mina (MINA)
| TICKER | MINA |
| BLOCKCHAIN | Mina |
| CATEGORY | Layer-One Blockchain |
| LAUNCHED ON | March 2021 |
| UTILITIES | Privacy-Focused, Accessible, Scalable, and Decentralized |
Mina (MINA) is a decentralized cryptocurrency platform known for its lightweight blockchain design, enabling participants to run and verify the entire blockchain with minimal resources. Positioned as the world’s lightest blockchain, Mina leverages advanced cryptographic techniques, such as zk-SNARKs, to maintain a constant size of around 22 KB. This unique feature ensures that the blockchain remains accessible and easily verifiable, promoting decentralization and inclusivity.
Mina serves as a layer-one protocol, allowing developers to build scalable and privacy-focused decentralized applications (DApps). Its design prioritizes user privacy by enabling transactions to be verified without the need to download the entire blockchain. This makes Mina an attractive option for a range of applications, including financial services, NFTs, and more. Governed by the community, Mina emphasizes accessibility, scalability, and decentralization in the evolving landscape of blockchain technology.
Mina 24H Technicals
(Source: TradingView)
Mina (MINA) Price Prediction 2024
Mina (MINA) ranks 56th on CoinMarketCap in terms of its market capitalization. The overview of the Mina price prediction for 2024 is explained below with a daily time frame.
MINA/USDT Descending Triangle Pattern (Source: TradingView)
In the above chart, Mina (MINA) laid out a descending triangle pattern. The descending triangle is most commonly seen during downtrends and is often interpreted as a bearish signal. The ascending triangle pattern is reversed in the descending triangle pattern.
As the price continues to make lower highs, descending triangles indicate to investors and traders that sellers are more aggressive than buyers. When the price breaks out of the triangle in the direction of the overall trend, the pattern is complete.
Contrary to popular belief, a descending triangle can be bullish or bearish. A regular descending triangle pattern is traditionally regarded as a bearish chart pattern. A descending triangle pattern, on the other hand, can be bullish.
At the time of analysis, the price of Mina (MINA) was recorded at $1.13. If the pattern trend continues, then the price of MINA might reach the resistance levels of $1.29069, $1.6983, and $2.3390. If the trend reverses, then the price of MINA may fall to the support of $09304.
Mina (MINA) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Mina (MINA) in 2024.
MINA/USDT Resistance and Support Levels (Source: TradingView)
From the above chart, we can analyze and identify the following as resistance and support levels of Mina (MINA) for 2024.
| Resistance Level 1 | $1.5774 |
| Resistance Level 2 | $2.6871 |
| Support Level 1 | $0.9718 |
| Support Level 2 | $0.6139 |
MINA Resistance & Support Levels
Mina (MINA) Price Prediction 2024 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Mina (MINA) are shown in the chart below.
MINA/USDT RVOL, MA, RSI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the current Mina (MINA) market in 2024.
| INDICATOR | PURPOSE | READING | INFERENCE |
| 50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $1.1964Price = $1.1512 (50MA > Price) | Bearish/Downtrend |
| Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 50.0362 <30 = Oversold 50-70 = Neutral>70 = Overbought | Neutral |
| Relative Volume (RVOL) | Asset’s trading volume in relation to its recent average volumes | Below cutoff line | Weak volume |
Mina (MINA) Price Prediction 2024 — ADX, RVI
In the below chart, we analyze the strength and volatility of Mina (MINA) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
MINA/USDT ADX, RVI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the price momentum of Mina (MINA).
| INDICATOR | PURPOSE | READING | INFERENCE |
| Average Directional Index (ADX) | Strength of the trend momentum | 11.5161 | Weak Trend |
| Relative Volatility Index (RVI) | Volatility over a specific period | 55.75 <50 = Low >50 = High | High volatility |
Comparison of MINA with BTC, ETH
Let us now compare the price movements of Mina (MINA) with that of Bitcoin (BTC), and Ethereum (ETH).
BTC Vs ETH Vs MINA Price Comparison (Source: TradingView)
From the above chart, the price action of MINA is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of MINA also increases or decreases respectively.
Mina (MINA) Price Prediction 2024, 2025 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Mina (MINA) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
| Year | Bullish Price | Bearish Price |
| Mina (MINA) Price Prediction 2024 | $3.8 | $0.4 |
| Mina (MINA) Price Prediction 2025 | $4 | $0.3 |
| Mina (MINA) Price Prediction 2026 | $5.3 | $0.2 |
| Mina (MINA) Price Prediction 2027 | $6.5 | $0.1 |
| Mina (MINA) Price Prediction 2028 | $7.8 | $0.09 |
| Mina (MINA) Price Prediction 2029 | $9 | $0.08 |
| Mina (MINA) Price Prediction 2030 | $10 | $0.07 |
Conclusion
If Mina (MINA) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Mina (MINA) price prediction for 2024 is $2.6871. Comparatively, if unfavorable sentiment is triggered, the bearish Mina (MINA) price prediction for 2024 is $0.6139.
If the market momentum and investors’ sentiment positively elevates, then Mina (MINA) might hit $3. Furthermore, with future upgrades and advancements in the Mina ecosystem, MINA might surpass its current all-time high (ATH) of $9.91 and mark its new ATH.
FAQ
1. What is Mina (MINA)?
Mina (MINA) is a decentralized cryptocurrency platform known for its lightweight blockchain design, enabling participants to run and verify the entire blockchain with minimal resources.
2. Where can you purchase Mina (MINA)?
Traders can trade Mina (MINA) on the following cryptocurrency exchanges such as Binance, Coinbase, Kraken, Huobi, and Gate.io.
3. Will Mina (MINA) reach a new ATH soon?
With the ongoing developments and upgrades within the Mina platform, Mina (MINA) has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Mina (MINA)?
Mina (MINA) hit its current all-time high (ATH) of $9.91 on June 01, 2021.
5. What is the lowest price of Mina (MINA)?
According to CoinMarketCap, MINA hit its all-time low (ATL) of $0.352 on October 11, 2023.
6. Will Mina (MINA) reach $3?
If Mina (MINA) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $3 soon.
7. What will be Mina (MINA) price by 2024?
Mina (MINA) price is expected to reach $3.8 by 2024.
8. What will be Mina (MINA) price by 2025?
Mina (MINA) price is expected to reach $4 by 2025.
9. What will be Mina (MINA) price by 2026?
Mina (MINA) price is expected to reach $5.3 by 2026.
10. What will be Mina (MINA) price by 2027?
Mina (MINA) price is expected to reach $6.5 by 2027.
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
