Mirror Protocol (MIR/USDT) in a decisive phase, Could Hit $1
The crypto market is displaying a huge uncertain behaviour as Bitcoin continues to trade within range bound levels. This may inversely impact the other altcoins which may shed out significant strength. Yet Mirror Protocol (MIR) may decouple form the rest of the crypto assets and launch a sensible uptrend soon. However, the asset is currently at pivotal regions in the short term, and a bounce from these levels may certify with a huge upswing in the long-term.
- MIR price is testing one of the important resistance at 50-day MA levels and utilising all its resources to clear them
The RSI despite a drop from the higher levels yet maintains a significant bullish trend pointing towards the healthy upswing that could hit $1.3 initially
After a long gap, the volume spiked indicating the entry of the buyers but MACD showcases an ease in the buying pressure which in turn denotes the passive behaviour of the buyers
Therefore, a breakout from the descending consolidation may be certified when the price reaches $1.4.