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The Mina crypto witnesses the formation of a double top pattern near the highs.
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Mina crypto currently trades at $1.417, recording a negative development of 1.35% in Intraday.
Mina price continued to roll down on the second consecutive day after reversing ist course near the previous high. At the time of writing, the crypto was at $1.417 reporting an intraday loss of 1.35%.
Earlier, the crypto took rebound from the 50-Day EMA and extended its move towards the recent swing high. However, the crypto failed to surpass the recent high and lost momentum near the highs, thus forming a double-top pattern.
The crypto has more downside room till the 20-Day EMA which may act as a dynamic support and try to halt the fall. Furthermore, if the momentum continues then the crypto may slide the previous swing low and the 50-Day EMA.
Moreover, the trend outlook is positive in the short term as well as long long term. The recent selloff might turn out to be a p
We współpracy z: https://www.thecoinrepublic.com/2024/02/16/mina-price-suffers-rejection-near-the-highs-are-buyers-losing/
