KEY TAKEAWAYS
- The MIR price closed the previous day’s trade at INR 148.03 with a market capitalization of INR 14.74 Cr and a circulating supply of 7,77,42,679.93 MIR
- The asset is currently attempting hard to rebound from huge losses ignited during the previous day’s trade
- Mirror protocol with a flip aims to undergo a 20% upswing to hit the previous day’s highs at around INR 170.
MIR/INR TECHNICAL-ANALYSIS FOR SHORT-TERM
Source: Tradingview
- The MIR price received enough boost during the past couple of days which enabled the price to range high by more than 35%
- No doubt the asset has dropped more than 20% but quickly ignited a flip and hence attempting to seal a strong uptrend by rebounding from the 0 FIB levels
- Continuing with the uptrend, the asset may initially aim at 23.6% FIB levels close to INR 145 and further at 36.3% FIB levels at INR 150
- Sustaining above these levels may pave way for the asset to climb towards the previous day’s highs around INR 170 and continue to test INR 200 very soon
Additional Read: What is Mirror Protocol?
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