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...
$NEAR is consolidated bw those two lines and the volume is decreasing day by day thus I think $NEAR will break that support horizontal line and go more down to the next
support lines of 4.7 $ .
And thus my weekly price prediction is 4.73 $ .
Monthly price prediction --
As I said earlier $NEAR volume is decreasing and thus near price is pushing more down and...
So as we all know that near , BTC and all other alts are doing range bound and than falling more down everytime .
Currently btc rise up from support region and rised till resistance region giving a small bull session .
Though it got rejected again from the resistance and moving back to the support zone presonally i think
$NEAR will go to the mid support region...
It was following uptrend and now its in downtrend
for short time frame 15m also volume keeps decreasing and btc also bearish
thus my prediction for this sunday is 5.32
