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ETH$1 059.15

-3.18%

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USDT$0.998955

0%

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NEAR Protocol (NEAR) Reviews for July 2022

NEAR Reviews Boris March 7, 2022
NEAR Protocol (NEAR) is sandwiched between the moving averages for the past few days. This shows that bears are selling on rallies to the 50-day SMA ($11) while bulls are buying on dips to the 20-day EMA ($10). The RSI is near the midpoint and the 20-day EMA has flattened out, indicating a status of equilibrium between the bulls and the bears. If the price rebounds off the current level and breaks above $12, it will suggest that bulls are on a comeback. The NEAR/USDT pair could then rally to $14 where it may again encounter strong resistance from the bears. Contrary to this assumption, if the price breaks and sustains below the 20-day EMA, it will suggest that the bears have the upper hand. The pair could then drop to the strong support at $8. The pair picked up bullish momentum after breaking above the downtrend line, but the relief rally is facing strong resistance at $12. The bears pulled the price below the 20-EMA, but the bulls have managed to defend the 50-SMA. If buyers push and sustain the price above the 20-EMA, the bulls will again try to clear the overhead hurdle at $12. Alternatively, if the price breaks below the 50-SMA, the selling could intensify and the pair could slide to $9.50.

NEAR Reviews Know1tAll February 9, 2022
NEAR protocol (NEAR) bounced off the psychological support zone at $10 to $9.50 and cleared the 20-day EMA ($12.58) hurdle on Feb. 4. The bears tried to pull the price back below the 20-day EMA on Feb. 5 but the bulls held their ground. The up-move resumed on Feb. 7 and the bulls are trying to push the price above the 50-day SMA ($14). If they manage to do that, the NEAR/USDT pair could climb to the 50% Fibonacci retracement level at $15.05 and then to the 61.8% retracement level at $16.36. The bears are likely to mount a strong defense in this zone. Conversely, if the price turns down from the current level, the bears will attempt to pull the pair below the 20-day EMA. If they manage to do that, it will suggest that bears continue to sell on rallies. The pair could then once again drop to $10. The 4-hour chart shows the formation of a symmetrical triangle, which generally acts as a continuation pattern but, in this case, has functioned as a reversal pattern. Currently, the recovery is facing stiff resistance at the 200-SMA. If the price rebounds off the 20-EMA, it will suggest that bulls are accumulating on dips. That could improve the prospects of a break above 200-SMA. If that happens, the up-move could reach the pattern target of the setup at $16.36. This positive view will invalidate in the short term if the price breaks below the 20-EMA. In such a case, the pair could drop and retest the breakout level from the triangle.

NEAR Reviews Benjamin February 7, 2022
NEAR protocol (NEAR) bounced off the psychological support zone at $10 to $9.50 and cleared the 20-day EMA ($12.58) hurdle on Feb. 4. The bears tried to pull the price back below the 20-day EMA on Feb. 5 but the bulls held their ground. The up-move has resumed today and the bulls are trying to push the price above the 50-day SMA ($14). If they manage to do that, the NEAR/USDT pair could climb to the 50% Fibonacci retracement level at $15.05 and then to the 61.8% retracement level at $16.36. The bears are likely to mount a strong defense in this zone. Conversely, if the price turns down from the current level, the bears will attempt to pull the pair below the 20-day EMA. If they manage to do that, it will suggest that bears continue to sell on rallies. The pair could then once again drop to $10. The 4-hour chart shows the formation of a symmetrical triangle which generally acts as a continuation pattern but in this case, has functioned as a reversal pattern. Currently, the recovery is facing stiff resistance at the 200-SMA. If the price rebounds off the 20-EMA, it will suggest that bulls are accumulating on dips. That could improve the prospects of a break above 200-SMA. If that happens, the up-move could reach the pattern target of the setup at $16.36. This positive view will invalidate in the short term if the price breaks below the 20-EMA. In such a case, the pair could drop and retest the breakout level from the triangle.

* Crypto Rating accepts no liability for content of the NEAR Protocol reviews made by the site users. The entire responsibility for the contents rests with the authors.

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 56% 93 $19 241.67 -5.61% -9.67% $367 181 795 784 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 54.4% 92 $1 059.15 -3.18% -13.28% $128 553 316 172 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.4% 1 $0.998955 0% -0.04% $66 163 024 576 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 94.4% 1 $1.000391 -0.02% 0.04% $55 824 445 752 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 58% 83 $215.34 -4.45% -10.63% $35 160 747 810 BNB 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 95.6% 1 $1.000088 0.10% 0.04% $17 548 760 052 BUSD 7 days price change
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11 Dai (DAI) DAI Dai predictions 96% 1 $0.999784 -0.09% -0.03% $6 859 368 442 DAI 7 days price change
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14 UNUS SED LEO (LEO) LEO UNUS SED LEO predictions 67.6% 60 $5.77 -0.04% -1.82% $5 499 921 297 LEO 7 days price change
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