📈 Analysis and Prediction (INJ and NEAR):

🚀 INJ/USDT - The price of #inj started to rise rapidly after reaching a low of $1.22 at the beginning of the year. The rise led to a breakthrough of a long-term descending resistance line in March and resulted in a new yearly high at $9.97 in April. However, the price of Injective subsequently fell, twice confirming the $10 horizontal area as resistance and creating lower highs. Since September, the trend has shifted to bullish, and the altcoin is once again approaching this crucial level. The potential target is $25. If #injective manages to establish itself above it, the bulls will try to push the asset towards the $36.50 area. However, a weekly close below the triangle support line will invalidate the calculation. In that case, the price of the asset could plummet to the horizontal support area at $4.

💰 NEAR/USDT - The price of #near reached an all-time high of $20.60 in January 2022 and has been declining since then. It rebounded at the beginning of 2023 but failed to initiate a bullish trend reversal. In August, the asset broke through the $1.2 horizontal support area and continued its decline towards the $0.80 horizontal support. On October 19th, the token dropped to a minimum of $0.97, marking the lowest level in the past 1000 days. If the decline continues, the cryptocurrency could drop another 16% and reach the horizontal support area at $0.80. Despite the bearish forecast, a breakthrough of the channel's resistance line would signify the beginning of a bullish reversal. In that case, a 65% price increase can be expected towards the resistance area at $1.60.

What are your thoughts on these price analyses? 💰