Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
NEAR Protocol (NEAR) is currently facing uncertain market conditions. Its price has remained largely stagnant in recent weeks. The cryptocurrency is in a consolidation phase, marked by minimal movement and a lack of strong upward momentum.
Internet Computer (ICP) Price Faces Bearish Pressure as $NEAR Consolidates: Analyst Predicts Choppy Waters Ahead$ICP #ICP #NEARhttps://t.co/kx71WOI5Sb
— Captain Altcoin (@CaptainAltcoin_) September 17, 2024
Analysts are concerned that this extended period of inactivity could lead to increased volatility soon. While NEAR has shown resilience in holding its current levels, the overall market sentiment appears bearish due to weak buying interest. Experts warn that without a clear bullish trend, downward pressure on NEAR’s price may grow. Broader market conditions, such as economic shifts and developments in the cryptocurrency sector, could play a crucial role in shaping NEAR’s future.
Key NEAR Protocol Levels To Watch – September 18
The NEARUSD pair is in a clear downtrend, respecting a descending trendline. Recent rejection around the $5.130 level confirms the bearish outlook. Price is currently trading below the 9-day SMA, adding to the downward momentum.
The RSI (Relative Strength Index) is below 50, indicating weakening buying pressure. Immediate support lies near $3.070, with the potential for further decline toward $2.450. A break below $3.070 could accelerate the fall to $1.500.
NEAR/USD Key Levels
Resistance levels: $6.4930, $7.7080, $8.5220
Support levels: $3.0740, $2.4500, $1.5000
NEAR Metrics
Total Market Capitalization: $2.59T
NEAR Protocol Market Capitalization: $4.57B
NEAR Protocol Volume: $251.91M
Market Rank: #20
Make money without lifting your fingers: Start using a world-class auto trading solution
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.
