$NEAR Holders!
Guys,
The price of $NEAR has been ranging between $4 to an average of $8 for the past 11months. This establish price range offers traders/holders an opportunity to profit from swing trading in Spot.
From a technical point of view, the current price of $5.8 and chart analysis on the daily and weekly timeframe paints these two scenarios:
1. Price makes a short-term correction to $5.4 before price recovers and makes a giant move to retest the $8 area of resistance.
2. Price makes some sideways movement and holds above $5.8 mark before a nice continuation upwards to $7 - $8 key levels.
Note: Don't forget to do your own research.