Convergence

Verge

Divergence

<p>The post <a href="https://coinpedia.org/price-analysis/near-protocol-near-price-to-surge-25-as-sentiments-turn-bullish/" rel="noopener noreferrer nofollow">Near Protocol (NEAR) Price To Surge 25% As Sentiments Turn Bullish?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The cryptocurrency market continues to display a bearish price action by recording a correction of 1.31% in its global valuation. Further, top tokens such as Bitcoin and Ethereum continue hovering close to their important support levels, highlighting uncertainty.</p>
<p>However, the <a href="https://coinpedia.org/price-prediction/near-protocol-near-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Near Protocol price</a> has recorded a jump of over 6% to its portfolio with a trading volume of $343.367 Million, a change of +79.17%. With the ongoing volatility in the crypto space, will NEAR price gain momentum and outperform top altcoin this week?</p>
<h2 class="wp-block-heading" id="h-near-coin-price-on-the-verge-of-a-major-breakout">NEAR Coin Price On The Verge Of A Major Breakout?</h2>
<p>Despite a correction in the AI and Big Data category, the Near Protocol price continues to experience a constant uptrend by recording a positive price action for the 5th consecutive day. Notably, this altcoin has added 17.42% to its portfolio during this week, highlighting increased bullpower.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcY7sFMhr2xVYu6zYKtkzDEMIHTpRJQzVfCrWF6SJJ4vyacy_pyO83uSnAsF78z8LAjmsL0_FBLYy8MVP4lR3WCiHsUFvGFoEb2xr5n9ZRPL8UfCoTlG6KEkMNEq44cZ1hL8sI8AAHK9A5Vp9FH2SzYVBZh?key=f5o3NC2RQasQXnIUcsD6Ow" alt="Near Protocol Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: NEAR/USDT
 </figcaption>
</figure>
<p>Furthermore, the <a href="https://markets.coinpedia.org/near-protocol/" target="_blank" rel="noopener noreferrer nofollow">NEAR price</a> has formed a descending triangle pattern in the 1D time frame and has continued to trade within it since June. However, it is on the verge of testing its resistance trendline, the outcome of which is unpredictable.</p>
<p>With a trading price of $4.877, the Near Protocol (NEAR) price has successfully secured the 18th position in the cryptocurrency list with a market capitalization of $5.310 Billion.</p>
<h2 class="wp-block-heading" id="h-near-protocol-market-sentiments">Near Protocol Market Sentiments:</h2>
<p>The Moving Average Convergence Divergence (MACD) has constantly risen in the green histogram, indicating increased buying pressure within the crypto space. Moreover, the averages record a bullish action, suggesting a positive outlook for the AI token this week.</p>
<p>On the other hand, the SMA indicator displays a bullish crossover in the 1D time frame, suggesting an increase in the bullish sentiment for the NEAR price in the crypto space.</p>
<h2 class="wp-block-heading" id="h-will-near-price-hit-7-65-this-july">Will NEAR Price Hit $7.65 This July?</h2>
<p>If the market breaks out of its resistance trendline of the triangle pattern, the Near Protocol price will test its upper level of $6.225. Maintaining the price at that level will set the stage for NEAR crypto to head toward its $7.685 level this month.</p>
<p>Conversely, if the bears regain momentum, the Near price will lose momentum and plunge toward its crucial support trendline.</p>

Near Protocol (NEAR) Price To Surge 25% As Sentiments Turn Bullish?

İçindekiler

CoinPedia News

12 Tem 2024 tarihli diğer yazılar

Analyst Predicts Bitcoin Drop

TON-based Trending Meme Token DOGS listed on Bitget Pre-market

Top Crypto Trader Contemplates Retirement, Looks For 'One Last Bullish Trade' On Bitcoin, Ethereu...

Ondo Finance gains 14% after Pyth integration: Can ONDO bulls still buy?

MoonBag Emerges As The Top Crypto Presale in 2024 While Thorchain And Polkadot Lose The Investors...

Pepe Price Loses Crucial Support As Whale Transaction Declines To $48 Million: Is Pepe Heading To...

Güncel kripto para haberleri için ücretsiz bültenimize abone olun!