NEAR Price Recovers Above 21-Day MA, Key Resistance at $1.95
- Price Recovery: After a significant pullback, NEAR's price has managed to bounce back above the 21-day moving average, indicating that selling pressure has eased, although the downtrend is not entirely over.
- Key Resistance Level: The main resistance zone currently being watched is around $1.95, where the price has reacted multiple times historically; a breakout here could spark stronger upward momentum, while failure to break could stall progress.
- Decision Zone: Just below this, a smaller decision zone exists around $1.80, and if NEAR can stay above the 21-day MA and build higher lows, another test of $1.95 looks likely, potentially pushing prices higher.
- Future Outlook: If NEAR breaks above $1.95, the bullish target shifts to the $2.20 to $2.40 range, but if it fails to hold the $1.80 to $1.95 area, it may drop back to the mid-$1.50s, which would become critical support.
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Technical Analysis for NEAR
Technical Sentiment Analysis for NEAR Protocol (NEAR) As of , NEAR Protocol (NEAR) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for NEAR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, NEAR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
NEAR Protocol (NEAR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.369 | 0.605 | 0.857 | 1.093 | 1.345 | 1.581 | 1.833 |
| Fibonacci | 0.605 | 0.791 | 0.907 | 1.093 | 1.279 | 1.395 | 1.581 |
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