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NEARUSD

need to see if can break out of the downtrend channelHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (NEARBTC 1W Chart) The question is whether it can break out of the downtrend channel and rise to around 0.00015311. ------------------------------------- ---------------------------------------- (NEARUSDT 1D chart) The question is whether it can hold the price above 2.399 and rise to around 3.198. If not, we need to see if it drops to around 1.964. Depending on which direction it breaks out of the downtrend, the trend is expected to continue. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
NEARUSD Attempting the first 1D MA200 test in 9 months!The Near Protocol (NEARUSD) is at the closest it has been to the 1D MA200 (orange trend-line) in more than 9 months as there hasn't been any contact since May 05 2022. Even in the event of contact or even marginal break-out, it is not the time to celebrate as within the Bear Cycle's Channel Down (since January 14 2022), there have been another two similar occasions that both started on a Higher Lows bottom but failed to break above the Resistance Zone formed by the previous Lower High of the bearish leg. That is currently a little below the 0.382 Fibonacci retracement level. In order to extend our buying, we need to see a break above the top (Lower Highs trend-line) of the Channel Down, in which case we expect the price to fill the upper Fibonacci levels one by one. Note that the 1D RSI invalidating a Bearish Divergence is a positive sign. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:NEARUSDLong
by TradingShot
9
The Singularity is Near +1000%I started buying at a price of 2 dollars. This morning was considering this project for long-term investment and decided to increase the share of my capital in this project. A few hours after the purchase, the news appeared that NEAR will develop in the direction of artificial intelligence. And this is a very important direction today. I would like to remind you that one of the founders before the creation of the NEAR blockchain worked for a long time in the field of artificial intelligence, so I am confident in the successful growth of this project in the long term.
Long
by HedonistTrade
What is NEAR?What is NEAR? NEAR is an L1 blockchain that uses Nightshade, a unique segmentation technology, to achieve scalability. It was launched in 2020 as a decentralized cloud infrastructure to host decentralized applications (DApps). NEAR offers interconnectivity through Rainbow Bridge and the L2 Aurora solution. Users can transfer ERC-20 tokens and assets from Ethereum to NEAR, giving them access to higher bandwidth and lower transaction fees. Aurora is an L2 blockchain, the Ethereum Virtual Machine (EVM) created by the core developers of the NEAR protocol. It operates as a smart contract on NEAR, providing benefits such as Rainbow Bridge connectivity, high bandwidth and low transaction fees in ETH. Aurora is available through various bridges including Allbridge, Axelar, Rainbow Bridge and others. Details on all ecosystem projects can be found here Top largest projects in Aurora by number of accounts: Aurora, Ref Finance, Stader.Near. awesomenear.com Current performance of the NEAR blockchain: 700+ projects (including those under construction) 125 DAO 550 thousand participants 4k+ developers 865 knots 20 million wallets 250 million transactions were made in 2022 The current TVL of NEAR+Aurora is about $160 million. Current TVL NEAR is $85M TVL peaked at $500M in May 2022. The main Defi project is Ref Finance. Aurora's current TVL is $72 million. TVL peaked at $1.3 billion in May 2022. The main Defi project is Bastion. How much was invested? According to known information, about $533 million were invested in NEAR. Current capitalization is $2.15 billion. Total capitalization is $2.5 billion. There are 85% of tokens in circulation. The current price of NEAR is $2.51. The price has fallen 88% from the highs. What is the NEAR token The NEAR blockchain has its own asset for its ecosystem - the NEAR token. The NEAR token is the primary asset of the NEAR ecosystem, and its functionality is available to all accounts. Each token is a unique digital asset that can be used for: 1.Paying for transaction processing and data storage. 2.Launch a validation node (by participating in the stacking process). 3.Participate in voting. The NEAR token provides economic coordination for all participants who run the network, as well as providing new behavior for applications built on that network. NEAR development activity Among the largest ecosystems (Polkadot, Ethereum, Cosmos, Aptos, Chia), NEAR is holding steady with Chia, ranking fourth for the past year. At the same time, the level of development holds about the same level. Development activity - shows the project's development activity over time based on a number of purely development-related "events" in the project's publicly accessible Github repository. (does not take into account: release comments, forks, stars, etc.). How NEAR works. Functionality NEAR aims to compete with other platforms with its segmentation/sharding solution called "Nightshade". Let's take a look at the functionality that the NEAR protocol provides. Plans for 2023-2024 Since the launch of Mainnet in late 2020, the NEAR ecosystem has made great progress, becoming one of the top-tier blockchains with 22 million accounts, 600,000 active wallets per month (2+ transactions count as active) and 15x growth in users and projects. Last year, despite market chaos and a major downturn in recent months, the NEAR Foundation has enough capital to sustain at least five years of operations in a bear market thanks to responsible treasury management. The NEAR Foundation believes that NEAR is the only ecosystem in which the promise of Web3 can be realized and where mass adoption can occur. The roadmap covers major efforts to improve the scalability and decentralization of the protocol. Phase 2 and 3 blockchain segmentation The next step of the deployment is Phase 2 segmentation, which will completely separate state and processing, further reducing hardware requirements for segment validators, making the network more accessible to validators. Phase 2 is expected to begin in 2023. This upgrade will increase the capacity of the network from 4 to 100 segments, with the validators not tracking all segments. Phase 3 segmentation will involve dynamic redistribution - the network will be dynamically divided into segments, and then the segments will be combined based on resource usage. This will allow NEAR to expand almost indefinitely. Phase 3 is expected to begin in 2023-2024. Conclusion For 2022, blockchain NEAR has tried to keep a constant level of development, roughly on par with Chia. NEAR strives to create the most user and developer-friendly ecosystem possible. Users are being offered the full suite of cheap and fast transactions, simple addresses, instead of public key hashes. In 2023, Iphone owners will be able to use NEAR as easily as possible, without having to create a separate wallet. A focus on simplicity and mass. Developers are offered a toolkit that allows for "one-click" app deployment wherever possible. They also lowered the entry barrier as much as possible by offering the use of the Javascript SDK. Segmentation/sharding technologies, with overall security in mind (like Polkadot) suggest that this is a very balanced blockchain. This is reflected in the highest $500+ million investment. Ease of use, balanced technical solutions, unlimited blockchain scalability, very large investment, collaborative developments with Apple - this is a good bid for the first blockchain with mass use! Thank you Smart Investor Best regards EXCAVO
Long
by EXCAVO
3