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Terra’s Mirror Protocol MIR rebounds 40% two days after crashing to record low -Breaking

by Mike Robinson

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Mirror Protocol (decentralized finance protocol) built on blockchain was the victim of one the largest financial collapses this week. Ordained military strikes against Ukraine.

Mirror Protocol’s native symbol MIRThe price fell to $0.993 (the lowest level since February 24th) amid the selloff in wider crypto markets. However, the price rebounded quickly and reached $1.41 just two days after, an increase of more than 40% compared to MIR’s record-low.

Chart of the MIR/USD price at four hours. Source: TradingView
Four-hour MIR/USD price chart with golden cross and Fibonacci levels of retracement. TradingView
Chart of MIR/USD for four hours, showing correlation between Mirror Protocol (US Dollar) and TradingView. TradingView

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