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NEARUSDT

Near Protocol (NEAR) Bulls are Prioritizing Breaking ZoneNear Protocol (NEAR) While NEAR's price has surged by 120% over the past month, its growth has recently decelerated. The asset is trading in a support zone ranging from $1.70 to $1.83, and buyers appear hesitant to push the asset beyond this range. Should NEAR continue its upward trajectory amid Bitcoin's positive trend, the token might test the $1.95 mark and encounter resistance in the $2.05-$2.19 zone. Bulls are prioritizing breaking past these local highs. If successful, NEAR might then tackle resistance levels at $2.3 and $2.4. Beneath its current support zone, NEAR has a potential buyer's level at $1.65 and another zone between $1.46 and $1.55. These levels could be tested even without a Bitcoin market correction, particularly if buyers lack the momentum to drive up prices from their current positions.
Long
by DEXWireNews
1
The key is whether it can rise above 2.24Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (NEARUSDT chart) Among the coins that are expanding the coin ecosystem, NEAR is one of the coins that has not yet risen above the MS-Signal indicator on the 1M chart. Accordingly, the key is whether the price can be maintained above 1.99 and rise above the M-Signal indicator on the 1M chart. (1W chart) To do so, it is necessary to check whether the price can be maintained by rising above 2.24. If that happens, it is expected to lead to a movement to rise above the M-Signal indicator of the 1M chart and an attempt to break through the MS-Signal indicator of the 1M chart. (1D chart) The key is whether the price can be maintained by receiving support around the 1.870-1.964 range and rising above 2.272. Accordingly, it is becoming important whether the price can be supported by rising to the box range of 2.086-2.404. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
1
Chart Breakout and Potential TrendsNEAR experienced notable growth following a prolonged period of downward trendline breach. Presently, it has encountered a robust weekly supply zone capable of stalling its upward momentum and potentially directing it downward. The initial support levels stand at $1.680 and $1.513, where we might observe market reactions. Looking ahead, with the weekly downtrend line broken, there's potential for an upward trajectory in the long term, indicating promising growth prospects for NEAR. This analysis is for informational purposes only and should not be considered as financial advice.
by MonoCoinSignal
I expect NEAR to rise to $2.12Hello everyone! I have a great idea regarding NEAR. With the recent upward movement, NEAR has broken out of the accumulation zone, surpassing the first major resistance level, as well as the nearest strong Fibonacci level of 0.236 and the 200-day moving average (EMA 200). Currently, the asset is within another range of resistance/support, and in a bullish market, it should easily overcome this level. I believe that the asset is currently in a good range for buying opportunities. On the chart, the blue horizontal lines indicate other areas of resistance/support for the price. My final target is a growth up to the 0.618 Fibonacci level, which would bring a profit of 41%. I also see the possibility of further upward movement towards $2.4 and $2.7. All targets are shown on the chart. Please note that this is not financial advice, and any actions you take are at your own risk!
Long
by neverovv
1
NEAR Falling Wedge Retest : $2.8 targetExciting developments are unfolding in the world of crypto, and NEAR Protocol (NEAR) has caught our attention. It recently broke out of a falling wedge pattern, and the current setup presents a golden opportunity for those keeping a close eye on this dynamic project. Let's explore the breakout and the potential rewards it might offer. 📈💎 Breaking Out of the Falling Wedge: NEAR has recently made a significant move by breaking out of a falling wedge pattern. This pattern is often a bullish signal, indicating a potential reversal or upward continuation. The Retest Scenario: Following the breakout, NEAR is currently in the process of retesting the wedge's upper boundary on the daily timeframe. This retest could act as confirmation of the breakout and provide an entry point for traders. Risk-Reward Ratio: 1:7? For those considering a position in NEAR, the risk-reward ratio appears to be favorable. Depending on your risk tolerance, entering now during the retest could potentially yield a risk-reward ratio of 1:7. Trading Strategy: Observation: Monitor NEAR's price action during the retest phase, paying attention to signs of confirmation. Risk Management: Implement a robust risk management strategy, considering the volatility of the crypto market. Entry Point: If the retest confirms the breakout, consider entering a position, keeping in mind your desired risk-reward ratio. Conclusion: NEAR's breakout from the falling wedge presents a compelling opportunity for traders. However, it's crucial to approach the market with caution and ensure that your trading strategy aligns with your risk tolerance. As you navigate this potential trade, may your analysis be sound, and your trades lead to success. ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
by AlexWhale
NEAR/USDT Continue Upward Momentum ?? NEAR Analysis Today💎 NEAR has undoubtedly seized our attention with its remarkable rally, initiating a strong upward movement from $0.97 and effortlessly breaking through the descending channel pattern. Observing the chart, NEAR appears to be in a legitimate retesting phase, positioning it to potentially extend its upward trajectory. 💎 Currently, NEAR is approaching a critical juncture at the supply zone. Failure to penetrate this area could prompt a retracement to the demand zone for NEAR to regroup and build fresh momentum. This development could be beneficial, considering that, from a broader timeframe perspective, NEAR hasn't undergone a correction phase yet. 💎 Conversely, should NEAR manage to breach the supply zone promptly, Probability could set its sights on reaching further targets, including the next supply zone and the bearish OB. 💎 However, there's a downside scenario to consider. If NEAR retraces to the demand zone and fails to sustain its position, leading to a breakdown, it could signal a bearish turn. In this case, NEAR might set a downward course towards the next support level. This stage is critical, as NEAR would need a substantial rebound to reassert itself above the support level or risk a further descent towards the key support zone, potentially intensifying the bearish sentiment.
by MyCryptoParadise
NEARUSDT Elliott Waves Analysis (midterm expectations)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. After correction will looking for new long position. Entry: 1.3 - 1.15 Targets: 1.5 and 1.7 after first target reached move ur stop to breakeven Stop: ~1 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 2 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
NEARUSDT.1DBased on the provided market data, the NEAR/USDT pair is currently in a strong uptrend, as suggested by the high Relative Strength Index (RSI) readings on both the 4-hour (85.90) and 1-day (86.66) charts. These RSI values are above the commonly used overbought threshold of 70, which often suggests that an asset may be getting overvalued and that a price correction could occur in the near future. However, it's important to note that assets can remain overbought for extended periods during strong uptrends. The Moving Average Convergence Divergence (MACD) is positive on both 4-hour and 1-day charts, further confirming the ongoing bullish momentum. However, the MACD on the 7-day chart is negative, suggesting that the long-term trend is still bearish. The price is currently trading close to the upper Bollinger Band (BB) on all three timeframes, which usually indicates the asset is overbought. The supports and resistances indicate potential areas where the price could bounce or face rejection. In conclusion, the NEAR/USDT pair is showing strong bullish momentum in the short-term, but the overbought conditions and the negative MACD on the 7-day chart suggest caution. It might be wise to wait for a potential price correction or for more bullish signs on the longer-term chart before considering a long position. Please note that this is just a technical analysis perspective based on historical price patterns and indicators. It does not take into account fundamental factors or potential upcoming news events that might impact price. Always do your own research and consider your personal risk tolerance when making trading decisions.
by MarsSignals
📈 NEAR Falling Wedge Breakout ! Prepare to be amazed by Near Protocol's recent price action, which has unveiled a masterpiece in the world of chart patterns – a massive falling wedge. As this wedge pattern developed right above a significant support zone, the subsequent breakout couldn't be more bullish, setting the stage for exciting potential price movements. 📐🚀 Unwrapping the Falling Wedge The falling wedge is a remarkable chart pattern in which the price forms a series of lower highs and lower lows, converging within two trendlines that slant in the same downward direction. This pattern typically signals a bullish reversal, hinting at the potential for an upward surge. A Showcase of Bullish Precision Near Protocol executed this falling wedge with textbook precision. What's more, this pattern materialized just above a substantial support zone, further emphasizing its importance. The price approached the pattern with a bounce off this support, retesting the zone before gracefully breaking out. The Path to Price Appreciation The breakout from a falling wedge like this suggests that Near Protocol is poised for a considerable price appreciation. Such patterns are often accompanied by increased buying interest and trading volume, creating ideal conditions for substantial upward movements. Trading Strategy: Capitalizing on the Breakout For traders and investors in the crypto space, recognizing and capitalizing on these patterns is a fundamental skill. The breakout from a falling wedge can be an excellent opportunity to enter or add to a position, provided it aligns with your overall trading strategy. Conclusion: Near Protocol's Artful Ascent Near Protocol's falling wedge breakout is a testament to the artistry that price action can exhibit on the charts. As we witness this spectacular move, it's an opportune time to stay vigilant and explore the potential that this bullish pattern may bring. 🚀 Crypto Insights | 💡 Trading Strategies | 💰 Market Analysis ❗See related ideas below❗ Share your thoughts and insights of Near Protocol. 💚🌐💚
Long
by Yaroslav_Krasko
1
NEAR/USDT - NEAR Protocol: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the AMEX:NEAR / CRYPTOCAP:USDT chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 1.094 | 1.131 | 1.23, and the major support zones can be found at 0.995 | 0.933 | 0.834. Consider entering at the current price zone of 1.151 and targeting higher levels. ◰◲ General info : ▣ Name: NEAR Protocol ▣ Rank: 44 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: Infrastructure - Smart Contract Platforms ▣ Overview: NEAR is a decentralized development platform that uses a Proof-of-Stake (PoS) consensus mechanism and will eventually feature a sharded architecture to scale transaction throughput. Its block generation scheme is called Doomslug and its proposed sharding design is dubbed Nightshade. These technologies will work together to scale the network and minimize congestion. NEAR has also been designed to be developer and user-friendly as it features a few key innovations to accelerate the application development and user-onboarding processes. The NEAR blockchain was created and developed by the NEAR Foundation. Its mainnet went live in April 2020, and network validators voted to unlock token transfers in October 2020. NEAR's bridge to Ethereum (called the Rainbow Bridge) launched in March 2021. ◰◲ Technical Metrics : ▣ Mrkt Price: 1.151 ₮ ▣ 24HVol: 22,726,465.007 ₮ ▣ 24H Chng: 9.933% ▣ 7-Days Chng: 14.38% ▣ 1-Month Chng: 5.37% ▣ 3-Months Chng: -15.50% ◲◰ Pivot Points - Levels : ◥ Resistance: 1.094 | 1.131 | 1.23 ◢ Support: 0.995 | 0.933 | 0.834 ◱◳ Indicators recommendation : ▣ Oscillators: SELL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -1.76 ▣ Last 90D: -2.58 ▣ Last 1-Y: -0.90 ▣ Last 3-Y: 0.73 ◲◰ Volatility : ▣ Last 30D: 0.36 ▣ Last 90D: 0.39 ▣ Last 1-Y: 0.81 ▣ Last 3-Y: 1.34 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.55 - Bullish ▣ Reddit sentiment score is 0.57 - Bullish ▣ In-depth NEARUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
Last support range: 0.830-1.528Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (NEARUSDT chart) (1M charts) The key is whether the price can be maintained by rising above 1.99. (1W chart) The key is whether it can receive support and rise in the 0.830-1.528 range. (1D chart) Since the volume profile section is formed around 1.4124, the key is whether it can rise beyond this point. If the price cannot be maintained by rising above 1.031, there is a high possibility of a new low, so caution is required. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
NEAR/USDT upward momentum? 👀 🚀 NEAR Today Analysis💎 Paradisers, turn your attention to NEARUSDT as it showcases intriguing dynamics, currently positioned within a demand zone and gearing up for a potential bullish ascent. 💎 Upon closer examination, we've noticed that NEAR recently touched the descending channel's resistance, which now serves as its supportive base. Furthermore, should the price surpass the 1.101 threshold, we anticipate a bullish trajectory that could challenge higher levels. 💎 On the flip side, if the price of Nearprotocol breaches the demand zone, it's likely to gravitate towards the support level. As always, strategize your trades with caution and foresight. 💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights
Long
by MyCryptoParadise