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NEAR Protocol

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NEARUSD trade ideas

Near Protocol Price Analysis: ABC Pattern Calls for a Temporary Near Protocol (NEAR) cryptocurrency was among the few digital currencies that sustained a big rally while the cryptocurrency market underwent a massive sell-off. In Elliott Wave analysis, the ABC pattern is a 3-wave pattern where wave A and wave C are equal in length. ABC Pattern From October’s 2020 low through March’s high, NEAR developed its first leg A. The price correction going from March’s high through July’s low represents the second leg B of the 3-wave pattern. Based on the Elliott Wave analysis, the continuation higher within wave C can end anywhere between 100% and 1.272 Fibonacci ratios, which is between $8.84 and $10.83. On the flip side, a lower correction will find the first level of support at $7.56, followed by the $4.11 level. RSI Momentum On the RSI oscillator, we have positive momentum readings above the mid-level 50. If we have a lower reaction and the RSI momentum readings remain above the 50 level, the bulls are expected to keep control. A daily close below the considerable psychological number of $10 can signal that a correction is underway, at least in the short term.
BINANCE:NEARUSD
by cryptohopper
NEAR/USD ForecastThe daily chart shows that yesterday’s melt-up lifted NEAR Protocol above a descending trend line at $6.90. This accelerated the buying, and as a consequence, NEAR cleared the previous all-time of $7.4500. This now becomes the first level of support, followed by the former trend resistance, now seen at $6.85. How far can the rally take NEAR? Considering the performance against a weaker market backdrop, the price action is definitely positive. Although the parabolic nature of yesterday’s advance has left the market looking a bit stretched. The Relative Strength Index is extremely high, and its 80.10 reading may lead to a correction. In saying that, as long as trend support holds, the NEAR protocol price looks good. Just how good is hard to say. That depends on how the broader market fares in the coming days. Personally, I think chasing this rally is risky until stability is confirmed. However, that made no difference yesterday, and if the price manages to clear Tuesday’s $10.45 high, it could well extend even higher. However, a correction is more probable. Feel free and get in touch for more updates, signals and trade alerts
BINANCE:NEARUSD
by thomasfullerofficial
NICE INVESTMENT ON 3th GEN BLOCKCHAINThe price action in NEAR has brought us to the ATH in this month of August. It is evident that many parties have an interest in NEAR and this is observed by this price action. We will no longer be far from the ATH. The most likely is a correction and accumulation in the intermediate levels of the fibonacci, which in turn follow the uptrend seen in the chart. In turn NEAR is growing fast because its community is amazing. OWS by itself is incredible, one of the communities that contributes to the growth of NEAR. Right now NEAR is deploying CITY NODES and HACK NODES where events are taking place in accordance with HACKATONS, MetaBUILD hackatons are taking place right now. NEAR also has a free course where it teaches developers to deploy and code smart contracts Developers are even paid upon completion of the course. NFT platforms such as Mintbase have moved from ETHEREUM to NEAR as the latter is much more efficient. Among others we have finance dapps like REF Finance, bridges with ethereum like Aurora ... One of the most amazing dapps is SputnikDAO, it is precisely the DAO that has allowed the community to grow rapidly and distribute funds wisely in favor of organic growth. We are talking about a third generation Blockchain which allows to run dapps in a simple way while the user enjoys a pleasant experience when using the dapps. The user only needs to log in, very, very easy. There is room for everyone in the NEARverse, for those who bet with NEAR.bet for those who invest in Staking I tell you, NEAR is simple and provides constant income, now we have another opportunity to facilitate Staking with META a dapp that offers a service for immediate withdrawal of the frozen amount for said Staking For those who like to play, we have Galaxy Online that reminds me of STAR WARS with a game model similar to the famous Clash Of Clans. There is much in the future with this third generation blockchain, which is green, consumes low resources and transactions are immediate thanks to its technology that takes advantage of SHARDING. SOLANA sounds, it went up, it is highly valued ... Still, I do not recommend it. It is inflated, if you check the solana forum there is no community, there is nothing, it is an empty shell. They are investing in it because it is a third generation blockchain platform ... But there is no one there to build ... NEAR is very similar but it has not yet capitalized, that is, even the amount of tokens multiplied by the price is very, very very low compared to SOLANA and technologically superior ... more in community then, there is no possible comparison. The NEAR community is a truly caring, caring and growth-focused community to help others develop, grow and ultimately create value for all. If you are Spanish-speaking, search NEAR VENEZUELA on YouTube and you will find a free course developed by me and my team from Venezuela. Good luck and take care.
BINANCE:NEARUSDLong
by FritzWagner
NEAR headed to sub $1.10??If NEAR cannot return to this eclipsed shaded area above, I believe we will see it dropping more to around $1.08 , but it could pivot and return to go up at any of these FIBS. with my experience I would bet on it getting all the way down to 1.08. DYOR * ohhh btw when one or several of my ideas make you rich AF please feel free to inbox me for my btc wallet address to send a "pay it forward/gratefulness" tip. Positive VIBEZ! If you have a currency or stock you would like me to take a look at hit up my inbox! *
BINANCE:NEARUSDShort
by DreamBIG90