On monthly TF, Near is holding above trendline support ..as far as it close above it near can manage to go in upside direction..if btc decides to break 17k range to 13-15k near will test area of 1.5-2$ ..if btc hold above 17k near will only retest 2.8$ area again..hence it will be between 3-4$ next month too after that it will start a rally with btc to 7-8$ area...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.749).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEARUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
We all are still in the bear market no volume in market, no big relief relies in $BTC, BTC still trying to break 24k $ clean.
Small 10% pump and days of the red market.
And thus I think BTC will approach to 13k $ in august and near 3$ and low
Hence my price prediction for $NEAR is 3.09 $ august end price
Hello everyone welcome to another analysis of mine look at the chart carefully
1st we were in downtrend from almost ath and it continued till we reached low of 2.6 $ since than we are moving sideways , there are small up trends forming in the way but they are unable to continue for a long time and as a result we are dancing bw 3 to 4.5 again and again
So now...
Frame - 4h
will be trying to predict the price for Aug 31
So we have A major local resistance at 4.6 $ only if we will be able to flip it and be above it for continuously days than only we can go to 5 , 6 or 10 but there is a lot of fear in the market and very low volume and thus people keeps on selling whenever it reaches that price marks and its the same...
Taking the daily frame you will notice a support zone at the 2.6 - 3 $ region, now
since when we have fall down from 5$ we never reached close to it
we go to 4.7 or 4.8 and fall back to the support zone of 3 - 3.6 $
And i personally think the same will happen in august as it is happening in a bear market for long
we will be revolving bw 3 to 5 $ and we will...
day frame - 1D
support 3 $
local resistance - 5 $
$Near rose from FIB 0 local support 3 and broke fib 0.5 and is stable above it, since $BTC is bullish i think we will see 5$ + price in the first or second week of august and then selling pressure will increase as usual and we will start dropping down .
As per me MAX PRICE We will reach in august will be 5.38$...
As we all know that NEAR is a layer 1 coin whose demand is always high and it is a loving token by the community.
Currently near saw great support at $3.6 and is being bullish since than ,
i personally think near will be bullish and reach those targets we had seen in May ( 5 range )
The FIB and other things are showing that.
Hence my price prediction for...
We are in bear market , everything is down a lot from its previous all time hope .
Many are saying we will go to 13k and many are wishing full a bull run to make more money .
So , near have shown a good support in this bear market as we all know it is giving 17% + pumps in a single day
Currently everything is getting a lil bullish and I think so near will...
On Monthly timeframe of near ,we can see it has retraced all the way to last year June July levels ..if previous year pattern has to be followed near should bounce off from here to tp atleast 7-7.5$ by the end of next month..as for btc monthly closing above 22.8k would be bullish for it and further rally for 28-30k area would be expected in August month..and there...
Hello a long term price prediction for near. Its the august month and as we know from the history of august that august is a bullish month. So my prediction will be somewhere around the next resistance that is 5.34
As we can see on 1D chart of near there is bearish price action from near as it broke down below the bearish flag pattern ..as for coming weeks price action if btc further dumps from here to 15-16k we might se near touching 2$ area soon ..as for coming week prediction i predict near to go 2.8$ on Sunday night ..
On 1D chart of near ,we can see it has broken falling wedge and successfully closed above it ..if btc does some relief rally from here near would pump 20-30% from here to around 4.2-4.5$ area..Near also holded fairly strong in recent btc dump..and didn't dump much which indicates an upcoming rally from near ..my target for next weekend would be 3.9$
NEAR recently showed a good relly going to 4.39 but again BTC spoiled the whole game as it fall back from the resistance and came down back below 20 k $ though NEAR is still showing a bullish pattern
UPCOMING PREDICTIONS
RSI is at 38 which will go a little more down pushing it close to 20 and near may go till 3.2 or below after that it will again follow the...
On 4H chart of $NEAR, we can still see that it's inside the falling wedge ,it did broke out of it but came inside again due to btc dump..if near holds 2.8$ area we can see another attempt for falling wedge breakout soon..if this is the bottom of btc we can soon expect a rally from btc and near as well ..if somehow near loses 2.8$ support we can see it at 1.5$ area...
