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The <a href="https://u.today/ada-and-bnb-price-analysis-for-december-18" rel="noopener noreferrer nofollow">market</a> is facing a bounce back after a few days of continued decline. <img data-entity-type="file" data-entity-uuid="ac83c746-34ec-46ab-8556-8d19ab3acdbd" src="https://u.today/sites/default/files/inline-images/top10_837.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>
NEAR is one of the biggest gainers today, rocketing by more than 10%. <img data-entity-type="file" data-entity-uuid="3ca25573-4975-4d44-9549-b2f6253210c4" src="https://u.today/sites/default/files/inline-images/near1_1.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/NEARUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, one should pay attention to the local resistance level of $2.434. If the daily bar closes near it, there is a chance to see a breakout tomorrow, followed by a test of the $2.50 area. <img data-entity-type="file" data-entity-uuid="c6f24a1d-3237-4bd3-b2e6-b8bb8efbf8ec" src="https://u.today/sites/default/files/inline-images/near2_0.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/NEARUSD" rel="noopener noreferrer nofollow">TradingView</a>
Despite today's rise, the price of NEAR has not accumulated enough energy for a midterm rise. If buyers want to hold the initiative, they need to restore the rate to the resistance of $2.613.
Only in that case, one can expect a possible test of the $3 mark. <img data-entity-type="file" data-entity-uuid="541c31c1-98b6-4e5f-b4b5-c6be0701884c" src="https://u.today/sites/default/files/inline-images/near3_1.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/NEARUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the weekly time frame, the price of NEAR has made a false breakout of the previous bar low at $2.101. If the candle closes far from that mark, the growth may continue to the $2.60 area and above.
NEAR is trading at $2.389 at press time.

NEAR Price Analysis for December 19

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