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NEARUST trade ideas

NEAR USDT TO $12NEAR USDT TO $12 Long accumulation phase on daily timeframe that finally broke out. A move like this could have potentially a lot of upside. We saw the same with AVAX a few months ago, albeit on the weekly timeframe. And we played AVAX when it was under $10 to catch that megapump upwards of $40. NEAR could go a lot higher, with $12 just being the first target. Why $12? The previous high on NEAR was sub $20. However, there was a lot less coins in circulation in 2022 when NEAR hit its previous highs. If we take the previous high market cap (12.5b) and use that with the current circulating supply, that takes us right at $12. That's not to say that it can't go higher than $12, but just $12 should be the first target. Which can also see a possibly pullback. If we can get past $12 without any pullback, we could breeze through $15 and previous highs. BINANCE:NEARUSDT BINANCE:NEARUSDT.P BYBIT:NEARUSDT.P BINANCE:NEARUSD COINBASE:NEARUSD KUCOIN:NEARUSDT MEXC:NEARUSDT.P OKX:NEARUSDT.P BYBIT:NEARUSDT BITGET:NEARUSDT.P BINANCE:NEARUSD.P KRAKEN:NEARUSD MEXC:NEARUSDT BINGX:NEARUSDT.PS COINBASE:NEARUSDT CRYPTO:NEARUSD
Long
by Coindatahouse
Near Sailing the Crypto Seas: A Strong Buy Signal Beckons!NEAR Coin: Short Fundamentals, Recent News, and Disclaimer Fundamentals: NEAR Protocol (NEAR): A Proof-of-Stake (PoS) blockchain platform focused on scalability, developer experience, and user adoption. Launched: April 2020. Market Cap: ~$4.5 billion (as of Feb 23, 2024). Rank: ~#20 on CoinGecko. Unique Features: Sharding: Divides the network into smaller shards, processing transactions more efficiently and increasing scalability. Human-readable smart contracts: Simplifies development for programmers. User-friendly experience: Focuses on ease of use for both developers and users. Recent News: Feb 27, 2024: NEAR Foundation announces $100 million developer grant program to boost ecosystem growth. Feb 21, 2024: NEAR integrates with Layer 2 scaling solution Aurora. Feb 14, 2024: Circle announces USDC stablecoin launch on the NEAR blockchain. Feb 7, 2024: NEAR releases roadmap outlining plans for further decentralization and scalability improvements. Disclaimer: This information is for educational purposes only and should not be considered financial advice. Cryptocurrency investments are highly volatile and carry significant risks. Do your own research before making any investment decisions. Additional Notes: NEAR price has seen strong growth in recent months, reflecting growing interest in the platform. The recent news highlights NEAR's focus on developer adoption and ecosystem development. It's important to be aware of the risks involved in cryptocurrency investments before making any decisions. I hope this information is helpful! Please let me know if you have any other questions.
Long
by MoonTradingForecast
NEAR/USDT Indicating Continue Upward Trajectory and Breakout!💎 NEAR has recently demonstrated significant market dynamics. Currently, it is encountering a major resistance area, where it was previously rejected. 💎 If NEAR manages to successfully break out above this resistance, it could signal a continuation of the upward movement, potentially reaching our target area. 💎 However, if NEAR fails to break out above the major resistance soon, there is a possibility of price rejection, leading to a gradual decline towards the support area around $4.6. This is particularly significant as NEAR has not yet retested this level after making a significant breakout previously. 💎 The support area holds crucial importance for NEAR, as a bounce from here would be necessary to attempt another breakout above the major resistance. If NEAR fails to hold the support and breaks down below it, this would be considered a bearish sign. 💎 In such a scenario, NEAR could continue its downward trajectory towards the Bullish OB area, or even lower if it fails to bounce from the Bullish OB.
by MyCryptoParadise
NEAR Impending Correction!!It is prudent to exercise caution and abstain from initiating any trades until the asset transitions into the "POI" zone, which aligns with our downward targets. Liquidity has been withdrawn from the range approximately between 6.17 and 6.20. We are nearing a significant "FVG" point, poised for trading opportunities. Upon entering the favorable zone where decisive actions can be made (POI), we will transition to lower time frames ("LTF") to identify shorting setups, ensuring confirmation before execution.
by truepersonal
3 possible scenarios for NEAR price movement in the coming monthDo you think that yesterday's "shaking out" of positions was at the same time a necessary correction to continue growth? Or can and should the NEARUSDT price still correct to before continuing to $2.5 grow to $10? Or maybe it's "game over"? NEAR price growth cycle over and a deep correction to the $1.5 area ahead? Vote in the comments which scenario you prefer, or write your own version. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
6
NEARUSDT Elliott Waves AnalysisHello 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. Entry: Market and lower (2.5 - 2 - 1.5) Target: 3.5 - 4.5 - 5.2 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . 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
11
NEAR ProtocolNear protocol has a lot of Bullish patterns, indicators. My take profits start with 45% to 100%. Inverted double H&S showcasing we should get a strong and a fast move up. What Is NEAR Protocol (NEAR)? NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability. This provides the ideal environment for DApps and creates a developer and user-friendly platform. For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum. NEAR also introduces unique solutions to scaling problems and has its own consensus mechanism called “Doomslug.” NEAR Protocol is being built by the NEAR Collective, its community that is updating the initial code and releasing updates to the ecosystem. Its declared goal is to build a platform that is “secure enough to manage high value assets like money or identity and performant enough to make them useful for everyday people.” Flux, a protocol that allows developers to create markets based on assets, commodities, real-world events, and Mintbase, an NFT minting platform are examples of projects being built on NEAR Protocol.
Long
by Achilly