Coin Gabbar Token

The NEAR price chart shows a head and shoulder pattern in action, which is leading the current correction rally to a new low. This pattern’s neckline is $3.70, which has been supporting coin buyers since last month.<a href="https://www.coingabbar.com/en/crypto-currency/near-near-prices-usd" rel="noopener noreferrer nofollow">NEAR</a> prices were lowered by 53.8% during the present correction phase, bringing them to $3.70. On a daily basis, however, this V-shaped collapse highlighted the formation of the Head &amp; Shoulder pattern. When prices fall below the neckline support, this bearish signal generates a powerful selling wave. In any event, the NEAR price forms the right shoulder of the pattern, which should lead to a test of the $3.70 support.According to<a href="https://www.coingabbar.com/en/price-analysis" rel="noopener noreferrer nofollow"> Price Analysis</a>, A $4.50 long-rejection candle completes the previously outlined bearish pattern. With more selling, the NEAR price will fall 7% and break through the $3.75 neckline. As a result, this price pattern will be set off, with the following fall dropping prices by 20% to the June-July bottom support of $3.NEAR performance has declined in recent hours. According to the most recent data, it has lost nearly 7.13% in the previous 24 hours. NEAR is now trading in the $4.10 range. This coin’s market cap is estimated to be $4,108,857,698. The same coin’s 24-hour trading volume is around $458,596,701.On the downside, an initial support level is at $4.00. The next important level of support is around $3.70. A breach below the $3.70 support level might lead to a major fall. Any further losses may require a test of $3.00.The first significant resistance is at $4.60. The next real hurdle is $5.00. Any more gains might open the door for a move towards the $5.50 resistance in the near term.KEY LEVELS :RESISTANCE LEVEL : $4.60-$5.30SUPPORT LEVEL : $3.60-$3.00Get more crypto related updates on ;-<a href="https://www.coingabbar.com/en/crypto-news-english" rel="noopener noreferrer nofollow"> https://www.coingabbar.com/en/crypto-news-english</a>

Cryptocurrency price update: NEAR PROTOCOL PRICE ANALYSIS : Will the Head and Shoulders Pattern Plunge Near Prices?

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