The NEAR price tumbled over 50% from the All-Time High of $20.42. The NEAR/USD pair has lost two critical support of $16 and $13 along the way, and now the sellers aim to knock out the $10 mark. Check out the complete article to know how far will this correction go.
ចំណុចបច្ចេកទេសសំខាន់ៗ៖
- The NEAR price retest the 200-day EMA line
- The daily-MACD indicator lines are entering the bearish territory
- The intraday trading volume in the NEAR coin is $929.3 Million, indicating a 0.81% fall.
ប្រភព - ជួញដូរ
នៅក្នុងការគ្របដណ្តប់ពីមុនរបស់យើងនៃ ជិតពិធីសារ technical analysis, NEAR rally was riding its new year rally which made a new ATH at $20.4. However, the intense sell-off in the crypto market triggered a bearish reversal and plunged the price to $10 support.
The NEAR price lost around half its value in this downfall and is still struggling to sustain above the $10 mark. If sellers could drop this coin below this bottom support, the crypto traders could see a free fall to the $8 mark(-20%)
Under the influence of bearish sentiment, the Moving average convergence divergence shows the MACD and signal are prepared to slink below the neutral zone(0.00). Moreover, the constant rising red bar in the histogram chart displays the strong selling of this coin.
However, along with the $10 support, the coin buyers still have the 200-day line, which maintains the bullish trend in NEAR price.
NEAR Price Gives A Decisive Break Down From $10 Support
ប្រភព -ជួញដូរ
នេះ ជិត price shows the fallout from the $10 mark with a massive red candle in its daily chart. However, the crypto traders should wait for candle closing to confirm the fallout, providing a selling opportunity to the $8 mark.
The Average Directional Index(45) shows a rise in falling trend momentum, supporting the price drop to the $8 level.
- កម្រិត Resistance $10, $13 ។
- កម្រិតគាំទ្រ - $ 8, $ 6.4 ។
ការមិនទទួលខុសត្រូវ
ខ្លឹមសារដែលបានបង្ហាញអាចរាប់បញ្ចូលទាំងគំនិតផ្ទាល់ខ្លួនរបស់អ្នកនិពន្ធនិងស្ថិតក្នុងស្ថានភាពទីផ្សារ។ ធ្វើការស្រាវជ្រាវទីផ្សាររបស់អ្នកមុនពេលវិនិយោគលើគ្រីបគ្រីប។ អ្នកនិពន្ធឬការបោះពុម្ពផ្សាយមិនទទួលខុសត្រូវចំពោះការបាត់បង់ហិរញ្ញវត្ថុផ្ទាល់ខ្លួនរបស់អ្នកទេ។
អំពីអ្នកនិពន្ធ
Source: https://coingape.com/markets/near-protocol-price-analysis-near-risk-to-slide-20-as-it-violates-the-10-key-support/