NEAR Protocol

<ul class="news-points"> 
 <li><strong>According to Crypto Rand, price corrections are necessary for healthy growth in the crypto industry.</strong></li> 
 <li><strong>Crypto Rand noted that the market’s overall macrostructure remains intact despite corrections.</strong></li> 
 <li><strong>Most crypto asset prices dropped significantly in the past two days, following a pullback in the price of Bitcoin.</strong></li> 
</ul> 
<p>According to Crypto Rand, a cryptocurrency trader on X (formerly Twitter), price corrections are necessary for healthy growth in the crypto industry. Hence, he warned users to prepare for shakeouts. The renowned trader cited the Mid Caps rejected on the main resistance as an example but noted that the overall macrostructure remains intact.</p> 
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   <p lang="en" dir="ltr">Always be ready for more shakeouts, but remember, these corrections are needed for healthy growth.<br><br>The Mid Caps for example got rejected on the main resistance, but overall macrostructure remains in tact.<br><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;"> INDEXED: <a href="https://twitter.com/search?q=%24ATOM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ATOM</a>, <a href="https://twitter.com/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$LINK</a>, <a href="https://twitter.com/search?q=%24NEAR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$NEAR</a>, <a href="https://twitter.com/search?q=%24ALGO&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ALGO</a>, <a href="https://twitter.com/search?q=%24EGLD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$EGLD</a> and more. <a href="https://t.co/YKUhwyRM9C" target="_blank" rel="nofollow">pic.twitter.com/YKUhwyRM9C</a></p>— Crypto Rand (@crypto_rand) <a href="https://twitter.com/crypto_rand/status/1734888551622357114?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 13, 2023</a>
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<p>Crypto Rand explained his view using data from TradingView showing the price action of the Index of some selected cryptos, including Cosmos (ATOM), Chainlink (LINK), NEAR Protocol (NEAR),…</p>
<p>The post <a href="https://coinedition.com/price-corrections-are-necessary-for-healthy-market-growth-analyst/">Price Corrections Are Necessary For Healthy Market Growth: Analyst</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Price Corrections Are Necessary For Healthy Market Growth: Analyst

Coin Edition

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