The price of Magma Finance ($MAGMA ) is currently around $0.138 to $0.14. Over the last 24 hours, MAGMA has seen a price decline of approximately 7.27% and a 5.59% decline over the past 7 days. Its 24-hour trading volume is around $53,610,346.
For Magma Finance ($MAGMA ), the current market capitalization is around $27.31 million, with a circulating supply of 190 million MAGMA tokens out of a maximum supply of 1 billion.
Technical analysis for MAGMA Finance (MAGMA) indicates some recent volatility. After rising by 1.47% in the past 24 hours, aligning with a 30-day upward trend, MAGMA experienced an 11% drop on Binance Futures. This volatility is attributed to factors like recent exchange listings (Binance Futures and Phemex), post-listing sell pressure, and technical resistance. The price has been holding above a key support zone of $0.138–$0.140 since mid-December, suggesting some buyer confidence, but a lack of MACD or Fibonacci confirmation tempers bullish conviction.
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