Is It Too Late to Buy Mina Protocol? Crypto Experts Give Their MINA Price Predictions

cryptonews.com:

As the Zero-Knowledge narrative continues to excite crypto markets. $MINA token's impressive +125% rally seems set to carry on climbing.

MINA is in strong price recovery mode in the aftermath of a challenging crypto winter. Bolstered by a flurry in market interest around the adoption of ZK-Snarks by Binance, MINA has climbed to be the 55th ranked cryptocurrency.

The explosive price action seen by MINA this week started back in January. With huge +38% green candles smashing week-long resistance at $0.60 on January 25. Setting the stage for an incredible February rally.

After brief consolidation, price broke decisively last Friday - posting a 55% climb in just 48 hours. Critically, this broke through key psychological resistance at $1.00.

With buy pressure remaining strong. A well-defended consolidation pattern held across Monday and Tuesday, primed a sensational move Wednesday.

Yesterday saw a +41% pump - swinging price back above $1 to hit a top of $1.249. The massive move was only stopped by resistance from the upper trendline at $1.25 - a level not seen in 9 months since May 2022.

Now sat in a local retracement. MINA bulls have proven they can smash the $1 price level twice. Now the real test is demonstrating they can consolidate here and flip $1 to support over the next 48 hours.

If this is successful. Then a retest of $1.25 is on the cards, which if broken would see a +25% rally to historic resistance levels at $1.35.

If consolidation at $1 fails. Then a breakdown would likely see a test of support from the lower trend line - which is set to converge with the 200 Day MA at $0.80. Price action hasn't touched the lower support line in almost a week.

The RSI 14 reaffirms positive sentiment around buy pressure. Reading a level 56