NEARBlockchain.
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Hello fellows, we have the second stage in the HOT ecosystem ā HOT Apps!
Today we announced the creation of HPT Apps, the first of which will be the Cases Boom program (launching this week).
Who have HOT+ status (we get 1+ $NEAR for dep) will be able to split the pool of 20k cases and find USDT/NEAR/Aurora tokens inside.
The team shows the seriousness of its product and once again leaves behind its competitors. I definitely recommend farming tokens in a bot!
Follow that link to start mining HOT! š„
t.me/herewalletbot/app?startapp=589436
If something is unclear you can read my previous posts or read the guide how to mine HOT in the Telegram!
#Write2Earn #NEARBTC #herewallet #NEARBlockchain.
Today we announced the creation of HPT Apps, the first of which will be the Cases Boom program (launching this week).
Who have HOT+ status (we get 1+ $NEAR for dep) will be able to split the pool of 20k cases and find USDT/NEAR/Aurora tokens inside.
The team shows the seriousness of its product and once again leaves behind its competitors. I definitely recommend farming tokens in a bot!
Follow that link to start mining HOT! š„
t.me/herewalletbot/app?startapp=589436
If something is unclear you can read my previous posts or read the guide how to mine HOT in the Telegram!
#Write2Earn #NEARBTC #herewallet #NEARBlockchain.
#NEARBlockchain. Coming Soon - Debuting Next Week! ā³
Stay tuned for the upcoming release of the game mechanics and menu details. Can you guess what the buttons will be?
Achieve: Increase the $MOON Price significantly
The launch of Harvest Moon Game is just around the corner. Keep an eye out
COMING SOON:.
š Join:
https://harvestmoon.meteorwallet.app/nearharvestmoonbot?start=NjAzMjUzNjc3MTpyb2JpdWw2NQ==
š MINT Free NFT (FCFS)
https://shard.dog/harvest-moon
Start Bot & Join Channel,Click "I Have Joined"More Tasks Coming Soon,Done
Stay tuned for the upcoming release of the game mechanics and menu details. Can you guess what the buttons will be?
Achieve: Increase the $MOON Price significantly
The launch of Harvest Moon Game is just around the corner. Keep an eye out
COMING SOON:.
š Join:
https://harvestmoon.meteorwallet.app/nearharvestmoonbot?start=NjAzMjUzNjc3MTpyb2JpdWw2NQ==
š MINT Free NFT (FCFS)
https://shard.dog/harvest-moon
Start Bot & Join Channel,Click "I Have Joined"More Tasks Coming Soon,Done
#CoinbaseExchange. to Launch Perpetual Futures for Polkadot, Internet Computer, and NEAR Protocol
Rodo's thoughts: Everytime a listing event in getting close, keep an eye at the price action of the #cryptos. It doesn't matter if the listing is going to be in a Tier 2 #CEXs almost most of the times, there is an important price action.
$DOT $NEAR $ICP #ICPUpdate #NEARBlockchain. #PolkadotNews
Rodo's thoughts: Everytime a listing event in getting close, keep an eye at the price action of the #cryptos. It doesn't matter if the listing is going to be in a Tier 2 #CEXs almost most of the times, there is an important price action.
$DOT $NEAR $ICP #ICPUpdate #NEARBlockchain. #PolkadotNews
PAIR $NEAR /USDT
- Direction: Long
- Mode: Cross 20x
āļø Entry Targets:
3.4932
āļø Take Profits:
1)3.53
2)3.56
3)3.6
4)3.63
5)3.67
6)3.7
āāāāāā
āļø Invalidation Price:
3.14388
NEAR isĀ the native token of the NEAR Protocol, a highly scalable blockchain network that provides a developer-friendly, decentralized application platform
#Write2Earn #nearusdt. #Nearprice #NEARBlockchain.
- Direction: Long
- Mode: Cross 20x
āļø Entry Targets:
3.4932
āļø Take Profits:
1)3.53
2)3.56
3)3.6
4)3.63
5)3.67
6)3.7
āāāāāā
āļø Invalidation Price:
3.14388
NEAR isĀ the native token of the NEAR Protocol, a highly scalable blockchain network that provides a developer-friendly, decentralized application platform
#Write2Earn #nearusdt. #Nearprice #NEARBlockchain.
My safe coin this year will be $NEAR
Put your long term investments in this technology. Near Protocol is a blockchain network at layer 1. It provides a platform for developers to create decentralized applications (dapps). Near Protocol is both faster and less expensive than Ethereum.
Rest i am not a genius, just my analysis. Always do your own research before investing in any technology.
#NEARProtocol #NEARBlockchain. #Write2Earnā¬
Put your long term investments in this technology. Near Protocol is a blockchain network at layer 1. It provides a platform for developers to create decentralized applications (dapps). Near Protocol is both faster and less expensive than Ethereum.
Rest i am not a genius, just my analysis. Always do your own research before investing in any technology.
#NEARProtocol #NEARBlockchain. #Write2Earnā¬
Make Your First 3 Doller
there's guaranteed way to consistently make 3 USDT daily without any risk. However, depending on your skills, effort, and risk tolerance, there are various options you can explore:
Low-risk, low-reward options:
Copy the link and start mining your 3 usdt everyday
t.me/herewalletbot/app?startapp=2170171
#Write2Earn #TrendingTopic #NEARBlockchain.
there's guaranteed way to consistently make 3 USDT daily without any risk. However, depending on your skills, effort, and risk tolerance, there are various options you can explore:
Low-risk, low-reward options:
Copy the link and start mining your 3 usdt everyday
t.me/herewalletbot/app?startapp=2170171
#Write2Earn #TrendingTopic #NEARBlockchain.
š¤Urgent Urgent Very Urgentš¤
š Get Ready to Rocket! š
Coin:Ā #NEAR/USDT Ā Ā š
ENTRY š $4.375 š„
Signal: š Long Market now
Leverage: Isolated (10Ń ) š°
šProfit Targetsš
$4.455šÆ
$4.560šÆ
Follow me Guys for everyday Premium Signal
#TrendingTopic #NEARBlockchain. $NEAR #NEARProtocol
#nearusdt.
Disclaimer:
Research before investing, use only risk-worthy funds and take full responsibility for your decisions.
š Get Ready to Rocket! š
Coin:Ā #NEAR/USDT Ā Ā š
ENTRY š $4.375 š„
Signal: š Long Market now
Leverage: Isolated (10Ń ) š°
šProfit Targetsš
$4.455šÆ
$4.560šÆ
Follow me Guys for everyday Premium Signal
#TrendingTopic #NEARBlockchain. $NEAR #NEARProtocol
#nearusdt.
Disclaimer:
Research before investing, use only risk-worthy funds and take full responsibility for your decisions.
š„ Crypto News Update š
ā ļøSummary of what happened to Crypto in the last few hours ā ļø
š¤©NEAR Protocol and Render Protocol co-founders will attend NVIDIA GTC 24 - $ NEAR $ RNDR conference
š¤ $ FIFTY - Step App partners with Xiaomi
š¤© $ JUP - Jupiter's LFG Voting Begins at 11 a.m. EST on Thursday
š $ CHZ - Pepperchain coming soon (CEO Chiliz jokes about the upcoming $ PEPPER launch)
š $ RUNE - Thorchain Update Completed 83% with Next Burn 60M $ RUNE Plan
#NEARBlockchain. #Jupiter(JUP) #CHZ #RUNE/USDT #1st-Trader
ā ļøSummary of what happened to Crypto in the last few hours ā ļø
š¤©NEAR Protocol and Render Protocol co-founders will attend NVIDIA GTC 24 - $ NEAR $ RNDR conference
š¤ $ FIFTY - Step App partners with Xiaomi
š¤© $ JUP - Jupiter's LFG Voting Begins at 11 a.m. EST on Thursday
š $ CHZ - Pepperchain coming soon (CEO Chiliz jokes about the upcoming $ PEPPER launch)
š $ RUNE - Thorchain Update Completed 83% with Next Burn 60M $ RUNE Plan
#NEARBlockchain. #Jupiter(JUP) #CHZ #RUNE/USDT #1st-Trader
New from#NEARBlockchain. Similar to tapalka as #NOTCOIN
ā¬ļø Register urgently and start farming. Right in the application it is clear that this will be converted into $$$
#Write2Earn #TrendingTopic #NewsUpdated
ā¬ļø Register urgently and start farming. Right in the application it is clear that this will be converted into $$$
#Write2Earn #TrendingTopic #NewsUpdated
$NEAR - USDT Premium free analysis on demand :
The MACD line (the blue line) has crossed above the signal line (the orange line), and the histogram (the bars below the lines) is also positive. This indicates that the price of NEAR is likely to continue to rise in the short term.
The RSI indicator is currently at 40.942. This indicates that the NEAR market is neither overbought nor oversold.
The price is currently above both the 50-day and 200-day moving averages. This is generally considered a bullish sign, as it suggests that the price is trending upwards.
The 50-day moving average is above the 200-day moving average. This is also a bullish sign, as it suggests that the short-term trend is up and in line with the long-term trend.
Both moving averages are sloping upwards. This indicates that the uptrend is gaining momentum.
Overall, the moving averages suggest that the price of NEAR is likely to continue to rise in the short term
The Bollinger Bands are currently wide, indicating high volatility. This means that the price of NEAR is moving up and down more than usual.
The price is currently near the middle Bollinger Band. This suggests that the price is neither overbought nor oversold.
The Bollinger Bands are sloping upwards. This indicates that the volatility is increasing, which could be a sign that the price is about to make a big move.
Overall, the Bollinger Bands suggest that the price of NEAR is volatile and could make a big move in either direction.
Note : The analysis is based on 1 day candle time frame hope you will have the clear picture...
Guys dont forget to leave a tip your support will motivate me to share technical analysis for free for other coins.
#Write2Earn #NEARBlockchain.
The MACD line (the blue line) has crossed above the signal line (the orange line), and the histogram (the bars below the lines) is also positive. This indicates that the price of NEAR is likely to continue to rise in the short term.
The RSI indicator is currently at 40.942. This indicates that the NEAR market is neither overbought nor oversold.
The price is currently above both the 50-day and 200-day moving averages. This is generally considered a bullish sign, as it suggests that the price is trending upwards.
The 50-day moving average is above the 200-day moving average. This is also a bullish sign, as it suggests that the short-term trend is up and in line with the long-term trend.
Both moving averages are sloping upwards. This indicates that the uptrend is gaining momentum.
Overall, the moving averages suggest that the price of NEAR is likely to continue to rise in the short term
The Bollinger Bands are currently wide, indicating high volatility. This means that the price of NEAR is moving up and down more than usual.
The price is currently near the middle Bollinger Band. This suggests that the price is neither overbought nor oversold.
The Bollinger Bands are sloping upwards. This indicates that the volatility is increasing, which could be a sign that the price is about to make a big move.
Overall, the Bollinger Bands suggest that the price of NEAR is volatile and could make a big move in either direction.
Note : The analysis is based on 1 day candle time frame hope you will have the clear picture...
Guys dont forget to leave a tip your support will motivate me to share technical analysis for free for other coins.
#Write2Earn #NEARBlockchain.
Near protocol Mining wallet.
join free Link ššš
t.me/herewalletbot/app?startapp=408356
Need more information ššš
https://www.herewallet.app/blog/how-to-mine-HOT
#NEARProtocol #ALT #TrendingTopic #NEAR #NEARBlockchain.
join free Link ššš
t.me/herewalletbot/app?startapp=408356
Need more information ššš
https://www.herewallet.app/blog/how-to-mine-HOT
#NEARProtocol #ALT #TrendingTopic #NEAR #NEARBlockchain.
šµ CryptoPotato: $NEAR Steals the Show
Most larger-cap alts have also turned green on a daily scale. Ethereum is among the most modest gainers, having jumped by 2% and trading just inches above $4,000. Binance Coin sits at another multi-year peak at $530 after a 2% daily increase.
Chainlink, IMX, and Litecoin have surged by somewhere between 6-8% today. Nevertheless, NEAR Protocolās native token has taken the main stage with a massive 20% increase. As a result, NEAR now trades well above $7.
WhiteBIT exchange announcedĀ that on their exchange, $USDT and $USDC are now available on NEARProtocol. Withdrawals of stablecoins via Near Protocol is free now on WhiteBIT.
The total crypto market cap has added over $100 billion in a day and about $200 billion in the past week and sits above $2.8 trillion for the first time in over two years.
#NEARBlockchain. #NEARProtocol
Most larger-cap alts have also turned green on a daily scale. Ethereum is among the most modest gainers, having jumped by 2% and trading just inches above $4,000. Binance Coin sits at another multi-year peak at $530 after a 2% daily increase.
Chainlink, IMX, and Litecoin have surged by somewhere between 6-8% today. Nevertheless, NEAR Protocolās native token has taken the main stage with a massive 20% increase. As a result, NEAR now trades well above $7.
WhiteBIT exchange announcedĀ that on their exchange, $USDT and $USDC are now available on NEARProtocol. Withdrawals of stablecoins via Near Protocol is free now on WhiteBIT.
The total crypto market cap has added over $100 billion in a day and about $200 billion in the past week and sits above $2.8 trillion for the first time in over two years.
#NEARBlockchain. #NEARProtocol
LIVEInsomnia_01
--
The beginning of a "Bull Run". Last squeezeāš»
#TrendingTopic #BullMarketš #BullRunš #news
Financial analyst PlanB announces the commencement of a bullish trend, signaling the conclusion of Bitcoin's accumulation phase and ushering in a 10-month period marked by significant price surges and occasional -30% declines.
The Stock-to-Flow (S2F) strategy, pioneered by anonymous investor PlanB, forecasts Bitcoin's valuation based on its scarcity, quantified by the SF ratio.
SF measures the ratio of an asset's existing supply to its incoming flow, serving as an indicator of scarcity. Bitcoin's SF currently stands at 56.9 over a 10-day period and 55.5 over 463 days, with the upcoming halving event expected to impact the incoming supply.
PlanB previously predicted Bitcoin's market capitalization to surpass $1 trillion and its price to exceed $55,000 post the 2020 halving.
Critics argue that the model lacks empirical evidence and overlooks Bitcoin's historical trajectory. Some traders utilize the Stock-to-Flow Deflection indicator to assess Bitcoin's value relative to the SF model.
The model's reliance on linear regression and simplistic scarcity metrics has attracted criticism from experts like Vitalik Buterin and Nico Cordeiro.
However, external factors such as the potential cross-chain collaboration between WhiteBIT and NEAR, projecting increased HOT token mining activity and USDT/USDC usage, may significantly impact the cryptocurrency landscape.
Using the Stock-to-Flow model, PlanB accurately predicted Bitcoin's growth to $55,000. While the model has been refined, it remains applicable solely to cryptocurrency assets.
The creator of Stock-to-Flow and its proponents acknowledge that the exponential rise in Bitcoin's price will likely taper off, potentially diminishing the model's relevance. Nevertheless, they maintain that Bitcoin's value will continue to appreciate due to its inherent undervaluation and scarcity.
#TrendingTopic #BullMarketš #BullRunš #news
Financial analyst PlanB announces the commencement of a bullish trend, signaling the conclusion of Bitcoin's accumulation phase and ushering in a 10-month period marked by significant price surges and occasional -30% declines.
The Stock-to-Flow (S2F) strategy, pioneered by anonymous investor PlanB, forecasts Bitcoin's valuation based on its scarcity, quantified by the SF ratio.
SF measures the ratio of an asset's existing supply to its incoming flow, serving as an indicator of scarcity. Bitcoin's SF currently stands at 56.9 over a 10-day period and 55.5 over 463 days, with the upcoming halving event expected to impact the incoming supply.
PlanB previously predicted Bitcoin's market capitalization to surpass $1 trillion and its price to exceed $55,000 post the 2020 halving.
Critics argue that the model lacks empirical evidence and overlooks Bitcoin's historical trajectory. Some traders utilize the Stock-to-Flow Deflection indicator to assess Bitcoin's value relative to the SF model.
The model's reliance on linear regression and simplistic scarcity metrics has attracted criticism from experts like Vitalik Buterin and Nico Cordeiro.
However, external factors such as the potential cross-chain collaboration between WhiteBIT and NEAR, projecting increased HOT token mining activity and USDT/USDC usage, may significantly impact the cryptocurrency landscape.
Using the Stock-to-Flow model, PlanB accurately predicted Bitcoin's growth to $55,000. While the model has been refined, it remains applicable solely to cryptocurrency assets.
The creator of Stock-to-Flow and its proponents acknowledge that the exponential rise in Bitcoin's price will likely taper off, potentially diminishing the model's relevance. Nevertheless, they maintain that Bitcoin's value will continue to appreciate due to its inherent undervaluation and scarcity.
Crypto Web3 Today
8:06 AMć»Mar 13, 2024
Bullish
NEAR To Rise Even Higher According To These Analysts, Can It Hit $10?
NEAR, the native token of the Layer 1 (L1) public blockchain NEAR Protocol, has substantially risen during this bull run after registering remarkable gains since the end of 2023.
As the price of Bitcoin continues to soar, NEAR has recorded an over 130% price surge in the past month, and analysts forecast that the bullish momentum isn't over yet.
Analyst Foresees NEAR's
At the end of 2023, the NEAR token showed a remarkable performance by doubling its price in mid-December. Since then, the crypto market has been propelled to heights like those seen during the last bull run.
NEAR continued its growth alongside the market, and crypto analyst Altcoin Sherpa considers that the gains for the token are far from over.
In an X (former Twitter) post, the analyst shared a chart showing NEAR performance in the last few days. This performance displays the token has oscillated between two levels since yesterday.
NEAR hovered between the $6.7- $7.17 price range for the past 24 hours, Altcoin Sherpa's chart shows. As the analyst highlights, this is the "consolidation for the next leg up" coming soon.
Previously, Sherpa warned about the $6.9 price level being a "danger area approaching." However, the token broke that resistance level over the weekend.
Moreover, crypto trader and analyst Rekt Capital shared a chart showing that NEAR revisited its multi-year macro downtrend. Breaking above it would further fuel the bullish momentum that could drive the price to revisit its all-time high (ATH) resistance area of $20.
NEAR has been closely following Bitcoin's price performance during the past week. As the chart below shows, in the last 24 hours, the token's price has closely followed the trajectory of the flagship cryptocurrency.
At writing time, NEAR is trading at $7.3, a 4.2% surge in the past hour. The token registered a stellar 67.8% and 83.1% price surge in the weekly and bi-weekly timeframe.
#HotTrends
#Write2Earnā¬ #BTC #NEARBlockchain.
8:06 AMć»Mar 13, 2024
Bullish
NEAR To Rise Even Higher According To These Analysts, Can It Hit $10?
NEAR, the native token of the Layer 1 (L1) public blockchain NEAR Protocol, has substantially risen during this bull run after registering remarkable gains since the end of 2023.
As the price of Bitcoin continues to soar, NEAR has recorded an over 130% price surge in the past month, and analysts forecast that the bullish momentum isn't over yet.
Analyst Foresees NEAR's
At the end of 2023, the NEAR token showed a remarkable performance by doubling its price in mid-December. Since then, the crypto market has been propelled to heights like those seen during the last bull run.
NEAR continued its growth alongside the market, and crypto analyst Altcoin Sherpa considers that the gains for the token are far from over.
In an X (former Twitter) post, the analyst shared a chart showing NEAR performance in the last few days. This performance displays the token has oscillated between two levels since yesterday.
NEAR hovered between the $6.7- $7.17 price range for the past 24 hours, Altcoin Sherpa's chart shows. As the analyst highlights, this is the "consolidation for the next leg up" coming soon.
Previously, Sherpa warned about the $6.9 price level being a "danger area approaching." However, the token broke that resistance level over the weekend.
Moreover, crypto trader and analyst Rekt Capital shared a chart showing that NEAR revisited its multi-year macro downtrend. Breaking above it would further fuel the bullish momentum that could drive the price to revisit its all-time high (ATH) resistance area of $20.
NEAR has been closely following Bitcoin's price performance during the past week. As the chart below shows, in the last 24 hours, the token's price has closely followed the trajectory of the flagship cryptocurrency.
At writing time, NEAR is trading at $7.3, a 4.2% surge in the past hour. The token registered a stellar 67.8% and 83.1% price surge in the weekly and bi-weekly timeframe.
#HotTrends
#Write2Earnā¬ #BTC #NEARBlockchain.
Like I said $NEAR will keep growing in future, may not make you millionaire in one day but this is like investing in a proper technology. I will always motivate my followers and friends to invest in future technologies not in scam or meme coins for overnight success. #NEAR #NEARBlockchain. #Write2Earnā¬ #halal
LIVESulton
--
My safe coin this year will be $NEAR
Put your long term investments in this technology. Near Protocol is a blockchain network at layer 1. It provides a platform for developers to create decentralized applications (dapps). Near Protocol is both faster and less expensive than Ethereum.
Rest i am not a genius, just my analysis. Always do your own research before investing in any technology.
#NEARProtocol #NEARBlockchain. #Write2Earnā¬
Put your long term investments in this technology. Near Protocol is a blockchain network at layer 1. It provides a platform for developers to create decentralized applications (dapps). Near Protocol is both faster and less expensive than Ethereum.
Rest i am not a genius, just my analysis. Always do your own research before investing in any technology.
#NEARProtocol #NEARBlockchain. #Write2Earnā¬
Near Protocol Price Recovery Eyes $10 Amid Surging Open Interest
Ā A bullish breakout from the rounding bottom pattern signals a major shift in market sentiment for the NEAR protocol price.
STORY HIGHLIGHTS
The Near price breakout from the rounding bottom signals an early sign of reversal.Ā An overbought signal from the momentum indicator hints the NEAR price is poised for an occasional pullback.The intraday trading volume in NEAR is $1.23 billion, indicating a 170% gain.
The crypto market initiated the new week with another leg up as the leading digital asset Bitcoin broke above the $70000 barrier to mark a new All-time High. The ripple also uplifted the altcoin for prolonged recovery including the Near Protocol coin. With a 17.24% intraday jump, the NEAR price breached the neckline resistance of the rounding bottom pattern paving the way for a further recovery rally.
Investor Confidence in NEAR Protocol Hits New Heights
NEAR Protocol (NEAR) is a decentralized application platform designed to provide high-speed transaction processing and low transaction fees. It stands out for its unique sharding technology, Nightshade, which aims to achieve scalability and usability without compromising security.
NEAR, the native cryptocurrency of this ecosystem has witnessed an aggressive rise since early February when the price rebounded from $2.68. The bullish upswing propelled altcoin 157% within five weeks to currently trade at $6.89.
According to Coinglass data, the open interest value for NEAR Protocol has seen a similar surge, jumping from $95.86 million to $296.5 million since Februaryās second week. This represents a growth of approximately 209.3%, signaling a significant boost in investor confidence and heightened interest in the cryptocurrency.
An analysis of the daily time frame chart shows the formation of a well-known bullish reversal pattern called the rounding bottom.
Key Resistance Breakout Foretells a Climb to $11.2
With a long bullish candle, the NEAR coin price provides a decisive breakout from the $6.12 neckline resistance of the rounding bottom pattern. This pattern is identified by a gradual decline in prices followed by a period of stabilization and a gradual increase, indicating a slow and steady shift in market control from sellers to buyers, leading to a bullish market outlook.
If the buyers manage to sustain this breakout the Near protocol price should chase the theoretical target of $11.2
BB Indicator: The sharp upswing in the Bollinger Band indicator accentuates the buyers are dominating this asset.Average Direction Trend: The ADX slope at a high of 32% hints the crypto holders may witness occasional pullbacks and maintain a steady recovery trend.
#HotTrends #NEARBlockchain. #Osmy_CryptoT
STORY HIGHLIGHTS
The Near price breakout from the rounding bottom signals an early sign of reversal.Ā An overbought signal from the momentum indicator hints the NEAR price is poised for an occasional pullback.The intraday trading volume in NEAR is $1.23 billion, indicating a 170% gain.
The crypto market initiated the new week with another leg up as the leading digital asset Bitcoin broke above the $70000 barrier to mark a new All-time High. The ripple also uplifted the altcoin for prolonged recovery including the Near Protocol coin. With a 17.24% intraday jump, the NEAR price breached the neckline resistance of the rounding bottom pattern paving the way for a further recovery rally.
Investor Confidence in NEAR Protocol Hits New Heights
NEAR Protocol (NEAR) is a decentralized application platform designed to provide high-speed transaction processing and low transaction fees. It stands out for its unique sharding technology, Nightshade, which aims to achieve scalability and usability without compromising security.
NEAR, the native cryptocurrency of this ecosystem has witnessed an aggressive rise since early February when the price rebounded from $2.68. The bullish upswing propelled altcoin 157% within five weeks to currently trade at $6.89.
According to Coinglass data, the open interest value for NEAR Protocol has seen a similar surge, jumping from $95.86 million to $296.5 million since Februaryās second week. This represents a growth of approximately 209.3%, signaling a significant boost in investor confidence and heightened interest in the cryptocurrency.
An analysis of the daily time frame chart shows the formation of a well-known bullish reversal pattern called the rounding bottom.
Key Resistance Breakout Foretells a Climb to $11.2
With a long bullish candle, the NEAR coin price provides a decisive breakout from the $6.12 neckline resistance of the rounding bottom pattern. This pattern is identified by a gradual decline in prices followed by a period of stabilization and a gradual increase, indicating a slow and steady shift in market control from sellers to buyers, leading to a bullish market outlook.
If the buyers manage to sustain this breakout the Near protocol price should chase the theoretical target of $11.2
BB Indicator: The sharp upswing in the Bollinger Band indicator accentuates the buyers are dominating this asset.Average Direction Trend: The ADX slope at a high of 32% hints the crypto holders may witness occasional pullbacks and maintain a steady recovery trend.
#HotTrends #NEARBlockchain. #Osmy_CryptoT
