Near Protocol price prediction as price booms 32% in a week

Near Protocol price prediction as price booms 32% in a week
фото показано с : coinjournal.net

2022-7-21 23:10

Near Protocol token has added 32% in a week

The cryptocurrency is yet to break out from a resistance zone

Wait to but on a breakout, although a retracement is possible

Near protocol token NEAR/USD is attracting suitors. The token has added a cool 32% in a week, adding enthusiasm for the smart contract protocol. NEAR could blast to higher levels if it successfully manages to clear key levels.

Near Protocol claims to eliminate some of the barriers that limit Web3 adoption. The smart contract platform boosts low fees and high speeds. Owing to the smart contract functionality, Near Protocol offers a great alternative to Ethereum. It allows communication and asset exchange between Ethereum and other protocols such as Polkadot. NEAR could be getting boosts from the surge in Ethereum price. 

Despite the strong gains recently, NEAR remains near a bottom price of $3.1. The cryptocurrency now trades at $4.3. That should tell you that NEAR remains well supported by the bottom price. However, investors looking to add NEAR should be mindful of immediate resistance.

NEAR faces resistance at $4.3 amid a bullish push

Source – TradingView

The recovery case for NEAR is not in doubt owing to the recent gains. The MACD indicator has also moved to positive territory, owing to the bullish momentum. However, NEAR faces resistance at $4.3. The price has already hit the resistance and is showing some slight retracement. If NEAR retraces, the bottom price of $3.1 would be of interest. That, of course, depends on the prevailing crypto sentiment.

Price could as well turn bullish at the resistance, resulting in a breakout. That would set $6 the next level in sight and could add bulls to ride to higher prices. For now, we watch price action at $4.3.

Summary

NEAR token is bullish but has met resistance at $4.3. Investors should watch how price action unfolds at the resistance. Buy on a breakout.

The post Near Protocol price prediction as price booms 32% in a week appeared first on CoinJournal.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

ETH/LINK Price Action Candlestick Set (LINKETHPA) на Currencies.ru

$ 467.1 (+0.48%)
Объем 24H $0
Изменеия 24h: 0.85 %, 7d: 17.53 %
Cегодня L: $453.49 - H: $467.1
Капитализация $0 Rank 3676
Доступно / Всего 0 LINKETHPA

price week near protocol booms prediction coinjournal

Источник: coinjournal.net

price week → Результатов: 126


Bullish Outlook For Bitcoin [BTC] Price Coming Into Next Week – Bull Flag and Uptrend in the Mix

Friday recorded a relatively strong drop as the price was rejected from levels above the 100EMA but this weekend has recovered almost all of Friday’s decline and looks set for a move higher. Since the 10% gain from this week as reported here, the price has mainly been trading in a range from about the […] Bullish Outlook For Bitcoin [BTC] Price Coming Into Next Week – Bull Flag and Uptrend in the Mix was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-7-22 17:40


Фото:

Does Bitcoin Price Needs To Fall to $5000 Before Bear Market Is Over?

Bitcoin Mercantile Exchange (BitMEX) CEO Arthur Hayes says the Bitcoin price must still drop to $5000 before ending its 2018 bear market. Hayes: ‘I’d like To See Us Test $5000’ In comments which echo other prominent trading figures — such as Tone Vays — Hayes told CNBC yesterday that, despite prices rallying this week, sentiment will fizzle out and Bitcoin will continue falling lower.

2018-7-21 23:00


Фото:

Banking On A Decentralized Bank

Last week Binance made headlines by announcing its first foray into banking. For a price of $133 million, the exchange had acquired a 5% stake in Malta’s future “Founders’ Bank.” Ordinarily, an investment by one moneymaking organization into another would scarcely deserve mention, except for one fact: ownership of Founders’ Bank will rest on the […] The post Banking On A Decentralized Bank appeared first on Crypto Briefing.

2018-7-20 20:23


Фото:

Bitcoin Price Analysis: Is this a Bullish Reversal or the Puppet Master at Play?

At last some excitement! Yesterday Bitcoin leapt nearly 12% in 24 hours but what’s behind the rally? Could it be the BlackRock and Coinbase news or is it purely fundamental? Market Overview What a rollercoaster ride! Earlier this week Financial News London reported that the world’s largest ETF provider, BlackRock, had cast its gaze to Bitcoin and other cryptocurrencies as potential investments but before the news even had the opportunity to impact cryptocurrency prices, BlackRock CEO, Read More The post Bitcoin Price Analysis: Is this a Bullish Reversal or the Puppet Master at Play? appeared first on Bitcoinist.com.

2018-7-20 05:00


Фото:

Bitcoin Price Chart Shows ‘Huge Bull Signal,’ Says Tom Lee

Fundstrat Global Advisors’ Managing Partner and Chief Analyst Tom Lee said that the current Bitcoin price is giving a “huge bull signal”. Tom Lee on Sudden Spike in Bitcoin Price After a week of trading in the range between $6150 and $6750, Bitcoin (BTC) broke out, surging past $7000 in roughly around five minutes July 17, reaching highs above $7500 on some exchanges.

2018-7-18 16:30


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Spot BTC ETFs recorded $0 inflows, Bitcoin price drops

Spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. have recorded $0 net inflows for the fourth time since their launch in January. According to data provided by Farside Investors, spot BTC ETFs stood still on May 27 as the…

Bitcoin surges to $71k as analysts cite increased spot ETF inflows

Analyst expects renewed market confidence as Bitcoin surges to $71,000 Bitcoin’s price surged to $71,000 on Tuesday amid increased spot buying and spot BTC exchange-traded fund (ETF) purchases, prompting the cryptocurrency community to debate whether this signals the start of…

$300m meme coin full of potential security flaws

Investors have been buying Mog Coin (MOG) despite the major security flaws in its underlying smart contract code. According to a ChatGPT security audit, the owner of the MOG smart contract used the “Ownable” function in the meme coin’s code.…