NEAR PROTOCOL CHART ANALYSIS – PRICE BEFORE BREAKOUT?!

Near Protocol (NEAR) is currently trading at a price of USD 3.20 and thus directly at our resistance of the sideways range, which we have formed since the beginning of October.

The 4H chart is already scratching the overbought territory, but this may still be enough for us to stage an impulsive breakout.

If we can do that, the first price target is around $3.40. There we have an inefficiency from the last sale. This could thus be filled and cause a reset to the top of the range.

The picture looks much more interesting on the daily NEAR Protocol chart. There, should we get a breakout from the range, we're scratching at our all-time high resistance.

If we manage to get the above inefficiency and see a retest of key resistance as support from here, NEAR could start a rally.

So far, we have seen the same patterns across many altcoins. Impulsive breakout from the current range, retesting ATH resistance and then starting the rally. We should keep a close eye on this over the next few days at NEAR.

My Top Picks
Honeygain - Passive earner that pays in BTC or PayPal
MandalaExchange -The Best no KYC crypto Exchange! 
Womplay - Mobile dApp gaming platform that rewards in EOS and Bitcoin
Cointiply - The #1 Crypto Earning Site
Torum - Join the latest Social Network and earn TRM for Free! 
LiteCoinPay - The #1 FaucetPay earner for Litecoin 
LBRY/Odysee - YouTube Alternative that lets you earn Money by viewing videos!
FaucetPay - The #1 Microwallet Platform
FREEBTC - The #1 FaucetPay earner for Satoshi's
FaucetCrypto - An earning/faucet site that pays out instantly
FireFaucet - An earning site that pays better for some than Cointiply
xFaucet - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, FEY - Claim every 5 minutes
Konstantinova - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BNB, ZEC, USDT, FEY, 25 Claims Daily

Comments

The 5 largest platforms for non-fungible token (NFT) collectibles

Since the beginning of 2021, non-fungible tokens (NFT) have had no holding back and the sector is setting new records almost every day. More and more artists, stars and brands are realizing the potential - NFT are well on their way to catapulting the crypto space into the mainstream. But which collectibles are currently the most popular? What are NFT? NFT are unique tokens that cannot be exchanged one-for-one for an equivalent token. Any asset that is tokenizable can be an NFT. This includes, for example, (digital) works of art, trading cards, game items and crypto domains. Theoretically, however, real estate or securities can also be mapped as NFT. NFTs can be used to transparently map ownership structures on a public blockchain. This allows them to store value just like real objects, even if additional copies are easy to make. For example, the original picture of the Mona Lisa is significantly more valuable than a photo, as everyone kno...

CARDALONIA: THE CARDANO METAVERSE OPENS THE GATES!

Have you ever been to Cardalonia? With these words, the Cardano Metaverse called Cardalonia starts the gates. In this 3D world, developers and users can interact with each other. First of all, users have to create an individual character with which they can move online. After that you can enter one of the worlds built by developers with this character. You can also purchase your own land in the Cardano Metaverse via the marketplaces in Cardalonia . This is secured by Cardano's blockchain technology and therefore offers a relatively secure transfer of ownership. Since these are only digital plots of land, it is not yet entirely clear when the plots of land are purchased whether they can also be sold again in the future. A possible profit cannot be estimated at the moment. In Cardalonia, the cryptocurrency Lonia is used. The maximum amount of tokens in circulation is 100,000,000. The team consists of Alice Sand (Co-Founder), Vasil Air (CTO) and Dustan Water (Fullstack Developer). T...

Cardano: This is the vision that founder Charles Hoskinson has

The Altcoin Cardano has tended to decline in recent weeks. The Alonzo upgrade was supposed to bring improvements, but it soon turned out to be a disappointment. Cardano founder Charles Hoskinson presented his vision for the cyber motto in a live Twitter video. • Cardano in the last few months under pressure • Charles Hoskinson explains his Cardano vision via Twitter • Security and privacy at the center The cryptocurrency Cardano has had a difficult few months. While founder Charles Hoskinson's cyber motto has had a strong run in 2021, it has been steadily downhill in recent months. Cardano is faced with some difficulties. The so-called Alonzo upgrade went live in mid-September, for which crypto fans had high hopes, but which soon turned out to be a disappointment. The upgrade should make it possible to use smart contracts on the cryptocurrency as well. It soon turned out, however, that although these were entered into Cardano,...

Cryptostreet

Search This Blog