Near Usdt weekly price prediction

Jun 1, 2022

NEAR is struglling from a long time to go up like other alts since btc is bearish and volume is
decreasing in the market . Recentlly NEAR got a bounce from 4.6 level and rise up till 6.5 and than
btc and near both got rejected . In short term NEAR gave a fakeout ( as you can see in the charts ) and
reached the middle bollinger level , RSI level is also 48.8 ( nuetral ) and those one cant actually predict
whether to long or short .

But here we will consider two scenerios

1st if NEAR rises above from the middle bollinger it will till the upper band for sure and that
price is 6.4 - 6.5 [ moving averge 25 day frame ] and

2nd if near goes below the bollinger band it will go down to lower band pushing the NEAR price as low
as 4.7-5 ( previous week bounce region )

if near comes to 4.7 - 5 region than its a perfect time for people to enter who missed the last train

But for this week price prediction i am a bit of bullish

And thus my price prediction for this sunday will be 5.96 $