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The correction has not lasted long as <a href="https://u.today/shib-price-analysis-for-november-1" rel="noopener noreferrer nofollow">most of the coins</a> are back to the green zone. <img data-entity-type="file" data-entity-uuid="5108c0cf-285d-4f3e-9053-1d3c760e52af" src="https://u.today/sites/default/files/inline-images/top10_749.png">Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a>
<h2 class="text-align-justify" id="near-usd">NEAR/USD</h2>
The rate of NEAR has increased by 8.44% since yesterday. <img data-entity-type="file" data-entity-uuid="ecb52998-4aa0-4cdb-b0af-de8fb6250882" src="https://u.today/sites/default/files/inline-images/near1.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/NEARUSD" rel="noopener noreferrer nofollow">TradingView</a>
Despite today's rise, the rate of NEAR is looking bearish on the local chart. The price has set a support level of $1.434.
If the decline continues to that mark until the end of the day, traders are likely to see a test of the $1.40 zone tomorrow. <img data-entity-type="file" data-entity-uuid="202018d7-86be-44d3-a3d2-d1a7f10f77ab" src="https://u.today/sites/default/files/inline-images/near2.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/NEARUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the daily chart, the rate of NEAR has made a false breakout of yesterday's candle peak. If today's bar closes far from the area of $1.5, bears might locally seize the initiative, which might lead to a drop to the $1.3-$1.4 zone soon. <img data-entity-type="file" data-entity-uuid="c82b134d-90d5-49c5-bafb-737d83a2b4e3" src="https://u.today/sites/default/files/inline-images/near3.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/NEARUSD" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, the price has almost reached the resistance level of $1.6. Now, one should pay attention to the bar's closure. If it happens near that mark, growth may continue to the $1.8-$2 range within the next weeks.
NEAR is trading at $1.462 at press time.

NEAR Price Analysis for November 2

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