Million

<ul class="list-ic vertical"> 
 <li> 1 <a>On July 31, NASDAQ: MNMD stock price surged over 13%.&nbsp;</a> </li> 
 <li> 2 <a>MNMD stock’s highest trading price in the 52 weeks trading session was $19.95, and its lowest traded at $2.12.</a> </li> 
</ul> 
Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) added 13.07%; it opened trading at $4.45, lowering to $4.43; it hit a high of $4.96 and closed at $4.93 with an intraday trading volume of 1.424 Million. 
In the last trading session, buyers seemed more aggressive than sellers, but in the past four trading sessions, sellers dominated MNMD buyers, which helped them pull the price near the support level. 
MNMD stock’s highest trading price in the 52 weeks trading session was $19.95, and its lowest trading price was $2.12. After analyzing the technical aspects of MNMD, it is noted that to break the 52-week high, it needs to upgrade its momentum and should start trading above the $10 hurdle. 
Since the past week, MNMD price seems to be consolidating between $5.01 to $4.09. However, MNMD share price sustained above $5, but sellers continued their dominance.&nbsp; 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
 <img decoding="async" src="https://lh5.googleusercontent.com/XTUvze8Zn80uyjxQ8RQa_KBAodGjP3FwbhzJay7UdrP3mn061lG-WGYwB6hvQxZu59hI6RYjHsqEzv9gh2CWgv8jzY6hjmrj95pUMNdQxUg6a-sBEaxwPcTPaF6FNMYNlj-bRquuEeMtLKqJw20x2w" alt="Sellers Failing to Sustain; MNMD Added 13.07% Intraday"> 
 <figcaption class="wp-element-caption">
 Source: MNMD stock price chart from TradingView&nbsp; 
 </figcaption> 
 </figure> 
</div> 
Mind Medicine Inc.’s market capitalization is $190.275 Million, and MNMD stock’s average trading volume is 933.556k. On August 1, 2023, Mind Medicine shares opened 0.81 lower than its last closing price. 
The annual price target of MNMD stock is $22.63, which is around 358.92% greater than its current trading price. Currently, the stock is far from its target price, but if buyers continue to capture new milestones and MNMD price sustains above $12, it might reach its target by the end of Q3 2023.&nbsp; 
The primary reason behind sudden price changes and trading volume might be the momentum generated by buyers on July 18. It is also claimed that big investors might have injected significant funds into MNMD stock. 
Since the beginning of 2023, MindMed share price has been consolidating between $2.11 to $5.05; it is yet to hit its long-term resistance of $10. If buyers continued their positive activities, MNMD stock might soon hit $10. 
<h2 class="wp-block-heading" id="strong-mind-medicine-mindmed-inc-nasdaq-mnmd-earning-revenue-strong">Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) Earning &amp; Revenue</h2> 
According to TradingView, more than 24 Million <a href="https://www.thecoinrepublic.com/2023/07/31/boeing-stock-price-prediction-ba-stock-gains-15-after-results/" target="_blank" rel="noopener noreferrer nofollow">MindMed shares</a> are free-floating, and the remaining 2 Million are closely held by the company’s financial backers or the board of directors.&nbsp; 
Mind Medicine (MindMed) Inc., a clinical-stage biopharmaceutical company developing new product candidates for the treatment of brain disorders, announced today that it plans to host a conference call on Thursday, August 3, 2023.&nbsp; 
<a href="https://www.thecoinrepublic.com/2023/07/31/salesforce-stock-forecast-bullish-trend-weakening-in-august/" target="_blank" rel="noopener noreferrer nofollow">Asia-Pacific</a> is anticipated to experience the highest CAGR of 27.99% throughout the forecast. Due to the rise in demand for herbal supplements, Asia-Pacific’s complementary and alternative medicine market is expanding. Medicinal plants are still common around here. 
In Asia-Pacific, it is therefore anticipated that the market for complementary and alternative medicine will grow during the forecast period.&nbsp; 
The National Medical Commission in India recommended in September 2021 that each medical school create a “Department of Integrative Medicine Research” to encourage the blending of contemporary medicine with homeopathy and indigenous Indian medical systems like Ayurveda which is likely to promote market growth. 
<h5 class="wp-block-heading">Disclaimer</h5> 
The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.

Sellers Failing to Sustain; MNMD Added 13.07% Intraday

Table of Contents

Thecoinrepublic.com

Other articles published on Aug 1, 2023

XRP Copycat Jumps 520%, Innovative Project or a Red Flag?

Is Bitcoin (BTC) Doomed? Top Analyst Unveils Worrying August Pattern

Two Crypto Bills Pass US Congressional Committee

Cardano (ADA) Price Analysis for August 1

US Gov Drops Another Charge On FTX Founder SBF

Shiba Inu Market Cap Grows Half-Billion Dollars As Price Surges

Join our free newsletter for daily crypto updates!