NEAR
NEAR NEAR has more potential than Solana.
Infrastructure projects are now being created in the NEAR ecosystem. The active phase of the project's development has begun. My opinion is that we will see the price for 1 NEAR above $50 in the long run. NEAR is close to updating the ATH. The nearest strong resistance is around $20. NEAR has a strong team that is focused on cooperation in the market, not competition.
NEAR is used to pay for transaction fees and storage. NEAR tokens can also be staked by token holders who participate in achieving network consensus as transaction validators. NEAR Protocol is focused on creating a user-friendly platform.
The NEAR ecosystem announced a monumental $800 million in funding initiatives targeted at accelerating growth.
The announcement, which includes the $350 million in funding announced by Proximity Labs is designed to build on the momentum in the NEAR ecosystem over the last 12 months.
While NEAR is giving all communities access to this record amount of funding, it will be focusing on Decentralized Finance (DeFi) teams who are actively revolutionizing and reimagining the way we interact with money.
There are now more than 1.3 million active accounts on the network,
according to the statement. DeFi projects on NEAR have already hit a significant milestone of more than $150M Total Value Locked (TVL). NEAR has an ambitious goal to grow that number quickly and securely. NEAR is also actively looking for projects focused on NFTs, DAOs, and gaming.
NEAR’s next chapter is all about fostering growth by helping developers access best-in-class support and providing users with a frictionless experience using and navigating the web3 world. New funding helps accelerate this process.
Of the $800 million in funding, $100 million will be allocated to Startup Grant Pools. More than 20 startups will be identified and given $5M each in funding to redistribute to key stakeholders – the ecosystem ultimately decides who gets funding.
Some $250 million will be allocated to ecosystem grants helping existing projects further develop and scale. The remaining $100M will be allocated to Regional Funds: money allocated to foster the development of NEAR’s largest community regions in Asia, Europe, and the US.
It’s backed by venture-capital firms such as Andreessen Horowitz’s AI6Z, Pantera Capital, Electric Capital, Dragonfly Capital, Coinbase Ventures, Blockchain.com, and Baidu Ventures.
Coming soon, Aurora IDO is an EVM built on the NEAR protocol that provides developers with a turnkey solution for running applications on an Ethereum-compatible, high-performance, scalable, and future-safe platform with low fees.
Stay tuned for future news, updates, and more.
Best regards,
EXCAVO
NEARHi everyone,
This is my description:
Purple Lines: Support & Resistance (for a week) “VERY IMPORTANT”
Blue Lines: Support & Resistance (for a day) “IMPORTANT”
Orange Lines: Support & Resistance (for a 4H)
Thanks for your attention.
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NEAR - potential trade 🚀🚀NEAR Protocol is a decentralized application platform designed to make apps usable on the web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to offer scalability and stable fees.
This is an interesting project from a fundamental point of view. It could be a good coin to invest in.
If we analyze the coin from the technical analysis side, the price has broken through the triangle and is approaching the important level of $8.57.
A good buying opportunity would be after the price squeeze near this level and breakdown.
Targets are the local high and the historical high, which is a strong resistance.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
⭕NEARUSDT : Did we predict and next...
Click the pic to read last post and detail
✅TP1:8.752
✅TP2:9.402
✅TP3:9.665
It hit 3 TP already!!
Take some profit and be patience
And the most important ,enjoy your weekend!
TP4:10.228
TP5:11.141
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
💡Don't miss the great buy opportunity in NEARUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (9.065).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEARUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 9.386
TP2= @ 9.759
TP3= @ 10.232
TP4= @ 10.837
TP5= @ 11.369
SL= Break below S2
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Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in NEARUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (9.065).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEARUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 9.386
TP2= @ 9.759
TP3= @ 10.232
TP4= @ 10.837
TP5= @ 11.369
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
NEARUSDT : Is it time to entry ?In NEARUSDT 4h
It is breaking out and we should make sure the closure higher than the triangle in 4h timeframe !
After 8.752 be broken ,we can modify the SL 6.904 to 7.6 and TP is the same.
TP1:8.752
TP2:9.402
TP3:9.665
TP4:10.228
TP5:11.141
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
Wait for do long in NAER 4hIn NEARUSDT 4h
It is still converging in the triangle and it went up level 0.618(7.839)
We are wait for breaking out the triangle and trading strategy as below.
SL:6.904
TP1:8.752
TP2:9.402
TP3:9.665
TP4:10.228
TP5:11.141
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
NEAR/USDT BreakoutSpotting a breakout in NEAR/USDT for the Binance and Kucoin exchanges. RSI still has room to continue trending up. This has potential to reach 11 USDT range if the breakout continues and BTC stays bullish or stable. A stop loss would indicate that the token has broken below support. See group for more details. Enjoy
NEARUSDT - Symmetric Triangle Breakout!NEARUSDT (4h Chart) Technical analysis
NEARUSDT (4h Chart) Currently trading at $7.68
Buy level :Above $7.91
Stop loss: Below $6.75
TP1: $8.70
TP2: $9.74
TP3: $10.83
TP4: $12.10
Max Leverage 3x
Always keep Stop loss
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NEARUSD - goin BULL 🤑🤑 ALL THE WAY🚀🚀Using the Fib Retracement, Support Line(frm Point A to Point B), MACD indicator and finally Trending Line. Only proves it as reached its finally low, and it time to go bulls. Before taking the trade rmbr risk management, and also check if my analysis is ok with yours before taking the trade. Thank you
Also NEAR, had made its retest.
NEARUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you see, the price has broken its resistance line and moved upwards. If it can not be stabilized above the resistance line, it is more likely to fall.
We have drawn two support lines that can support the price.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
🆓NEAR Protocol (NEAR) Oct-9 #NEAR $NEARNEAR has important support at 7.5$ zone, if it doesn't lose this zone, it will move towards 10$ and 12$ zones. But if it loses this 7.5$ zone, we will consider buying it back at 6$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 7.5$ zone
🔴Buy : 7.5
🔴Sell : 10 - 12
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 7.5$ zone
🔵Sell : 7.5
🔵Buy : 6
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
NEAR - BREAKOUT!NEAR went very well above resistance.
Except for one false breakout, the Resistance Line has done its job very well.
The price will hit the resistance line again before starting a long term uptrend.
Target in the short term will be: 9.6 - 10.6 - 11.6
The mid-term target would be: 13 - 14.8 - 18 - 20.
Expected price reached at the end of the bull cycle will be: 28 - 42
That is only my opinion!