- NEAR Protocol price trading under the rounding bottom pattern, while placed above its all vital moving averages.
- The crypto asset over the monthly chart is trading under the strong uptrend with higher high and low sequences, and volume activity is average.
- The pair of NEAR/BTC is trading at 0.0001798 BTC with an intraday gain of +4.49%, and the ratio of NEAR/ETH is CMP at 0.002461 ETH with a 24-hour change +2.98%.
NEAR Protocol price at the monthly chart is trading on the bullish note, with higher highs and low patterns. Moreover, the volume activity over the chart is lower and needs to improve enormously for the upcoming bullish momentum. NEAR is currently trading above its all vital moving averages of short to medium-term moving averages. A double top kind of formation is also seen on the higher side, and breakout above the resistance zone will create the next lap of bullish movement.
The short- to long-term trend is still bullish until the token sustains above all vital DMA lines with the positive volume activity. Support on the lower side is $10.50 and $9.40, whereas resistance on the higher side is $12.70 and $13.25.
NEAR Protocol price at the 4-hour time frame is heading higher
NEAR Protocol price at the 4-hour time frame is heading higher, with a forming rounding bottom pattern. Meanwhile, the technical parameters are gradually heading higher with recovery from lower levels. NEAR token price is trading at $11.69, an intraday rally of +3.39%, and the volume to market cap ratio is 0.08616.
Relative Strength Index (BULLISH): NEAR Protocol price RSI is trading on a weekly chart on a bullish note. In contrast, the coin trades higher with a slight recovery from lower levels, RSI at 57.
Moving Average Convergence Divergence (BULLISH): The daily chart projects a mixed trend at the 4-hour time frame. At the same time, the buyer’s signal line (green) is heading closer towards the seller’s line (red).
Support levels: $10.50 and $9.40
Resistance levels: $12.70 and $13.25.