Coins
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Mina Protocol
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2022-11-23

Mina Protocol slid down by 4% last week (November 17 - November 23) as the sellers pushed back.

The downward movement of the Mina Protocol price last week indicates the chosen market is bearish. The volatility associated with the MINA market was medium, as were its price fluctuations. The price action on the coin's market translated to the decline of market capitalization. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

Mina Protocol has been moving reservedly on the backdrop of average volatility. The market analysis reveals that the mild average volatility of 5% restrained MINA 's price swings. The most significant volatility occurred on November 17 and reached 7.32%. On November 21, the volatility of the asset was at its minimum at 1.25%. The mild volatility registered on the crypto coin's market over the said period allows us to expect moderate price movements in both directions without significant breakouts.

On November 17, the Mina Protocol market opened at $0.56, preceded by a period of bearish action. On November 17, the first trading session of the reviewed time period, the market participants saw MINA moving up by 2%. On November 18, the price of the coin has shifted by 2% from the daily open on the back of a good trading volume. The price range of Mina Protocol formed between $0.55 and $0.57 on November 19 as the price traveled 2% up. Over the next trading period (on November 20), MINA was moving down by 2% on the back of a congruous trading volume. Mina Protocol finalized the trading day of November 21 at $0.52 after opening it at $0.56, though the price broke through that corridor to hit the 24H high at $0.56 and the 24H low at $0.52. The trading period on November 22 saw the crypto coin forming the price amplitude between the open at $0.51 and the close at $0.53, also interacting with $0.5 (24H low) and $0.5 (24H high). The coin found the deepest trough (24H low) at $0.53 on November 23 and then exploded to the ceiling (24H high) at $0.56; the price range for that day was between $0.53 and $0.54. The highest point of the price action over the week was at $0.58 - the weekly low during the same period was established at $0.5. The difference between the lowest and the highest price points for the week was 4%, as the price moved in the $0.02 wide corridor.

As for the average trading volume in the time slot between November 17 and November 23, the Mina Protocol market registered the change from $10 872 732 to $22 912 447. During the week before November 17, the trading volume of MINA flowed from $17 671 820 to $42 660 105. Percentage-wise, the trading volume of the asset changed by 41%, in comparison to the previous period, while its price experienced a 4% adjustment.

Mina Protocol had its total market capitalization change from $422 235 347 on November 17 to $402 220 990 on November 23, the end of the examined time frame. The rate of percentage change for the last week for MINA was 5%. When compared to the price fluctuations during the observed period of time, the 5% market capitalization movement was accompanied by a 4% change in the price of the coin. During the week before the analyzed time frame, the market capitalization of Mina Protocol moved by 4% as it went from $405 217 758 to $419 726 034, and gave a better understanding of the general direction in which this market is flowing.

Price
Volatility
Capitalization
Volume
Thu 17Sat 19Mon 21Wed 23Thu 17Sat 19Mon 21Wed 230.5200.5300.5400.5500.5600.5700.5200.5300.5400.5500.5600.570
Article date: November 23 | November 17 - 23

Market reviews for similar coins for November 17 - 23