Near Protocol price analysisFor many deposits, the correction of the #NEAR price was quite painful.
But if you look at the global chart of OKX:NEARUSDT , it's not so critical.
We want to believe that someday #NEAR will cost $20 again, and there are theoretical and technical possibilities for this....
But before that, buyers need to be able to fix the price of #NearUSD above $3.5, and then above $4.5 at the exit from the "bearish flag".
Only there is a safe medium-term purchase point for the #NearProtocol token in the current realities.
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NEARUSDTPERP
#NEAR/USDT#NEAR
The price is moving in an ascending channel on the 1-hour frame and is expected to continue higher.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower limit of the channel at 2.65.
Entry price: 2.65
First target: 2.80
Second target: 2.95
Third target: 3.10
#NEAR/USDT Ready to go higher#NEAR
The price is moving in a descending channel on the 1-hour timeframe and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 4.70
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 4.90
First target 5.46
Second target 5.83
Third target 6.32
NEAR/USDT Trade Setup. NEAR/USDT Trade Setup
Entry Price: CMP and $4.05
Stop Loss (SL): $3.60
Targets:
$8.50
$12.00
$16.00
$20.00
Leverage: 5x to 10x
The chart shows a descending triangle breakout, a bullish reversal pattern, indicating significant upward momentum.
Price is currently above the breakout level, validating potential continuation toward higher targets.
Let me know if you’d like further assistance or adjustments!
DYOR. NFA
NEAR: Technical Analysis | Bullish Momentum BINANCE:NEARUSD | NEAR: After retracing at 78.60% Fib level it has closed above 61.80% Fib level. Pitchfork is also acting really well as a support and resistance levels. If NEAR closes above 50% Fib level and Daily Anchored VWAP ($6.034) it has high probability to reach $9 target.
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Near Protocol NEAR price is lazily creeping upAt the moment, we can see the potential for OKX:NEARUSDT to rise to the range of $6-6.50
Here you will need to decide for yourself whether to hold the position further or get rid of it
Only a confident fix #NEARUSD price above $6.50 can give CRYPTOCAP:NEAR a growth potential up to $10
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#NEAR Double bottom structure📊#NEAR Double bottom structure 📈
🧠From a structural perspective, there is a bullish double bottom structure at the weekly level, so the bullish trend is still strong. We have the opportunity to challenge the previous high of 9.02 if we rise according to this structure. If we successfully break through here, it means that the space at the monthly level has been opened, and we can look forward to a higher target area of 11.237-12.113
Let's see👀
🤜If you like my analysis, please like💖 and share💬 BITGET:NEARUSDT.P
NEARUSDT Eyes Triangle Breakout!NEARUSDT Technical analysis update
NEARUSDT price has been trading within a symmetrical triangle for the past 350 days and is now approaching the triangle's resistance. A rise in volume near the resistance level suggests a breakout is imminent. Once the breakout occurs, we can anticipate a strong bullish move of 100-200% in NEAR.
The Pump is NEAR
NEAR looks very promising in the latest moves.
-It's back in the range.
-BTC looking pretty bullish. A risk worth taking. We are in the most volatile times in the crypto market right now. Quick stops should be expected, as should big gains. Those who cannot manage their risks well will be out of the game. Make sure you don't spend too many bullets for one trade and keep your capital for the next trades.
Crypto is one of the riskiest markets in the world and requires you to manage your risk well.
Starting point for jumping to around 11.336
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(NEARUSDT 1W chart)
It is showing an upward trend by breaking through the M-Signal indicator on the 1W and 1M charts.
Accordingly, it is highly likely that an upward trend will begin.
However, since the BW(100) or HA-High indicator is formed around 7.001-7.246, it is expected that a full-scale upward trend will begin only when it rises above this range.
The target range is around 11.336.
I think that the range below 3.868 is a mid- to long-term investment area, and it is a price that may rise at any time.
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(1D chart)
To maintain an upward trend,
1st: 5.397
2nd: 4.639
It must be supported and rise near the 1st and 2nd above.
If not, it must fall, so be careful as it may fall to around 3.868.
Since it has risen above a significant section, unless there are special issues (e.g., BTC does not show a sharp decline), it is expected to continue the upward trend after confirming support.
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Have a good time.
Thank you.
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- Big picture
I used TradingView's INDEX chart to check the entire section of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been rising along a pattern since 2015.
That is, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.
Accordingly, the uptrend is expected to continue until 2025.
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(LOG chart)
As you can see from the LOG chart, the uptrend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we expect that we will not see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
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No matter what anyone says, the chart has already been created and is already moving.
How to view and respond to this is up to you.
When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance.
This is because the user must directly select the important selection points required to create Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies.
1st : 44234.54
2nd : 61383.23
3rd : 89126.41
101875.70-106275.10 (Overshooting)
4th : 134018.28
151166.97-157451.83 (Overshooting)
5th : 178910.15
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Near Protocol NEAR price - maybe it's time?)For 1.5 months, the CRYPTOCAP:NEAR price hasn't done anything spectacular, it has been in red consolidation, as we have shown schematically.
However, now, the trading volume of OKX:NEARUSDT has increased (17th place among all cryptocurrencies), which may be the final stage of consolidation before a breakout.
1️⃣ Of course, first, the #NEARUSD price needs to firmly establish itself above $6-6.50
2️⃣ And only then, it will be possible to aim for the $13 area
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NEARUSDT Ready for Takeoff!!NEARUSDT has successfully broken out of its trend and retraced, and it’s now setting its sights on key resistance levels. A successful breakout could trigger a significant upward move, making this an exciting opportunity for traders. Remember to always maintain your stop loss to manage risk effectively. Keep an eye on NEARUSDT—it might just take off!
NEARUSDT Currently trading at $5.2
Buy level: Above $5.2
Stop loss: Below $4.35
TP1: $5.8
TP2: $6.5
TP3: $7.5
TP4: $9
Max Leverage 3x
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