1D chart analysis of $NEAROn 1D timeframe of near ..we can see it reclaimed the support of 5.6$ after taking support at 4.6$..to continue the upward movement near need to hold above 5.6$ in 1 day timeframe ..then we can see near at next resistance at around 7.4$ ..if it loses 5.6$ area support next support is 4.6$ ..imo near will test 7.4$ area this week ..my prediction for next Sunday is 6.5$
NEARUSDT.5S trade ideas
Near Usdt weekly price prediction $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 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 $
Near price prediction $near recently fell till 4.675 with BTC falling out below 28000. And recently near got a good bounce from 4.67 and reached 6.53 today 31 st may but failed to break that resistance. Currently, $near has support in the region 4-4.6 and resistance above the region of 6.5.
a break in resistance can take $near price to 8.2 that will I expect till the end of June or if it breaks the support and BTC go more bearish it can reach as low as 2$ .
And my price prediction for near on this Sunday will be $ 5.28 .
Near prediction Near still stuck in between 5.7 and 7$. So far 5.7 is holding strong I expect it to move upside there is also a rsi bullish divergence in daily timeframe. Resistance are 6.4 and 7 and support are 5.7, 4.4 and so on. Market are oversold and we should see some relief my prediction for next weekly close is 6.28
NEAR Prediction contestNEAR is making a Bear Pennant Pattern which if broken down can take near to 3-4$,
Near is also trading below EMA 13 which is showing us downtrend on daily and it havent even showed us any strength and the crypto market is also in bearish structure,
My prediction for next week is 5.4$
NEAR Technical analysis As we can see NEAR is in downtrend line for more than a month or so.
It is now making a bear flag kind structure which if broken down with the candle closing under 5$ then NEAR can come down to 3-4 region.
My prediction for ending if this week is 5.4$.
Cryptocurrency Market is at support too so we can see a bounce as well
near price pridiction$near is facing a resistance from 6.5+ since btc is bearish but its taking a good support from 5.5+ as well
RSI is showing oversold its 4x down from ath so for long term one can buy here for sure
but if look for short period targets so it can go to 6.23 middle fib as shown in the chart and from cmp that will be 7+ % profit in spot itself without leverage
supporting why i think it will go 6.23
ema 50 in 4h time frame for sure if btc gets a bounce
Near Price prediction on Weekly Chart1. Very clear 7.24 was our big weekly support that has been broken with a strong bearish closing under it so high chances we could test lower major level.
2. Currently we are sitting at 1.272 fib extension and I am expecting a rally towards 7.246 (Weekly resistance) and a roll over from it towards all the way down to 3.76 (1.618 fib extension).
We are due for a relief rally considering how bearish the sentiments are and also being too oversold on Daily TF.
$NEAR WEEKLY CHART ANALYSISAs you can see on weekly chart , $NEAR holding the 5.6$ support very nicely a close above this area in this week would be good for some upward movement in upto 7.5$ which is now a resistance ..if near breaks this support ,next support lays between 4.4-4.6$ area ...but I belive near will visit 7-7.5$ area first then visit the lower areas unless btc dumps below 27k ..near not going below 5$ ..my target for this Sunday would be 6.5$
Near chartAfter a week of brutality in crypto market due to luna/ust collapse, Near took hit too and now back in daily demand zone of 6$ I expect it to consolidate here before next move. Near also forming a triangle in 4h tf which can break in either direction. Due to uncertainty in crypto I am expecting it to fill that lower wick hence my price prediction for near is 5.3