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Near Protocol (NEAR/USD) Skyrockets — A Bullish Season May Be Underway

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August 30, 2024

Near Protocol (NEAR/USD) Market Seems Poised For Continued Bearishness

Near Protocol Price Forecast – August 30 The NEARUSD market seems poised for continued bearishness. The Moving Average (MA) on the NEAR/USD chart is currently positioned around $4.5450, signaling a downtrend as the price has crossed below it. The MACD histogram shows a growing bearish momentum, wit...
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August 26, 2024

Near Protocol (NEAR/USD) Market Bearish Momentum Builds as Resistance Approaches

Near Protocol Price Forecast – August 23 NEARUSD market bearish momentum builds as resistance approaches. Amidst the overall bearish trend, the market seems to be undergoing a notable retracement into the premium zone. The Relative Strength Index (RSI) is currently hovering around 44.07, which is b...
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August 18, 2024

Near Protocol (NEAR/USD) Market Heads Into a Breaker Block

Near Protocol Price Forecast – August 16 The NEAR/USD market heads into a breaker block in the premium zone. Price’s previous reactions at this zone reflect a strong resistance, which might trigger the continuation of the overall bearish trend. Nevertheless, the technical indicators on the NEARUSD ...
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August 10, 2024

Near Protocol (NEAR/USD) Market Begins a Major Pullback

Near Protocol Price Forecast – August 9 The NEAR/USD market begins a major pullback to the upside. Despite the overall trend being bearish, a retracement seems to have begun as the market recuperates from the oversold state. The Relative Strength Index (RSI) is hovering around 36.92, indicating tha...
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August 03, 2024

Near Protocol (NEAR/USD) Market Approaches A Turning Point Zone

Near Protocol Price Forecast – August 2 The NEAR/USD market approaches a turning point zone as the bearish retracement continues. The market’s overall trend is bullish owing to the recent CHOCH (Change of Character) on July 15, 2024. The Relative Strength Index (RSI) is at 41.02, suggesting t...
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July 27, 2024

Near Protocol (NEAR/USD) Market Cuts Profits as Price Retraces Downward

Near Protocol Price Forecast – July 26 The NEAR/USD market cuts profits as the price retraces downward. Price is now declining as a result of the recent retreat from the key trendline. But given that the overall trend is still positive, the abrupt correction is probably only going to endure tempora...
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July 13, 2024

Near Protocol (NEAR/USD) Market Makes a Bullish Pullback to the Premium Zone 

Near Protocol Price Forecast – July 12 The NEARUSD (NEAR/USD) market makes a bullish pullback to the premium zone. The price currently appears to be heading into the bearish order block around the $5.500 price level. The RSI is at 46.62, indicating a neutral stance but showing signs of a potential ...
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July 06, 2024

Near Protocol (NEAR/USD) Market Remains Bearish on the Long Term

Near Protocol Price Forecast – July 5 The NEARUSD market remains bearish in the long term. Despite the indication of the RSI (Relative Strength Index) about the market’s oversold state, the market’s overall trend remains bearish. However, a short-term retracement to the upside is immine...
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June 29, 2024

Near Protocol (NEAR/USD) Market Resumes Its Bearish Trend

Near Protocol Price Forecast – June 28 The NEAR/USD market resumes its bearish trend. The bearish resumption began after a successful pullback from the discount zone. The technical indicators on the NEARUSD chart reveal a bearish trend. The Moving Average Convergence Divergence (MACD) shows a negat...
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