MIM is trading at $0.00011, down 18.09% over 24 hours with $43.12K in volume. The decline coincided with broader crypto market volatility.

MIM Price Action Analysis

Magic Internet Money (MIM) is currently trading at $0.00011, having dropped 18.09% over the last 24 hours in line with sector-wide movements. 24-hour trading volume stands at $43.12K. The price is trading above the upper Bollinger Band ($0.00011), which can signal strong momentum but also raises the possibility of a near-term pullback.

MIM Trading Activity & Liquidity

Hourly trading data is not yet available for MIM. Available liquidity for MIM is $15.96K.

MIM Technical Analysis Summary

On the 1-hour timeframe, technical analysis generates a 'Sell' signal with Medium confidence. The Relative Strength Index (RSI) is currently 46.7, residing in neutral territory. With the Average Directional Index (ADX) at 16.3, the current trend strength appears weak or the market is ranging. Other oscillators like Stochastic %K (26.0) is neutral, CCI (-20.1) is neutral, Williams %R (-67.4) is neutral provide further context on short-term price momentum. The MACD indicator shows bullish momentum, with the MACD line (-0.0000071) above the signal line (-0.0000080) and a positive histogram (0.00000085).

MIM Price Prediction & Market Sentiment

The current outlook suggests that the short-term sentiment for MIM appears cautiously pessimistic. MIM may need to find a new support level. Support near $0.00011 (lower Bollinger Band) could provide a floor. Current liquidity is $15.96K. The price is currently below the 20-period EMA ($0.00012), which reinforces the bearish outlook.