MIM is trading at $0.00026, down 26.50% over 24 hours with $12.71K in volume. The decline appears related to broader crypto market volatility.

MIM Price Action Analysis

MAGIC INTERNET MONEY (Bitcoin) (MIM) is currently trading at $0.00026, having dipped 26.50% over the last 24 hours. 24-hour trading volume stands at $12.71K. The price is currently below the lower Bollinger Band ($0.00031), indicating significant selling pressure.

MIM Trading Activity & Liquidity

Hourly trading data is not yet available for MIM. Available liquidity for MIM is $4.12M.

MIM Technical Analysis Summary

On the 1-hour timeframe, technical analysis generates a 'Sell' signal with Medium confidence. Other oscillators like Stochastic %K (44.4) is neutral, CCI (-198.7) indicates oversold, Williams %R (-52.1) is neutral provide further context on short-term price momentum. The Relative Strength Index (RSI) is currently 39.0, residing in neutral territory. The MACD indicator suggests bearish momentum, as the MACD line (-0.0000024) is below the signal line (0.0000044) with a negative histogram (-0.0000068). The Average Directional Index (ADX) at 61.8 indicates a very strong trend is in place.

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 $0.00031 (lower Bollinger Band) could provide a floor. Current liquidity is $4.12M. The price is currently below the 20-period EMA ($0.00031), which reinforces the bearish outlook.