1
NEAR price is in a narrow congestion zone below the cluster of $1.150.
2
NEAR price tried to surpass the upper trendline of the falling channel.
NEAR Protocol is showing the indecisiveness between the bulls and bears and is hovering in the narrow congestion zone for the past sessions. Moreover, the price traded close to the 50-day EMA and sustained above the 20-day EMA. Buyers must surpass the primary hurdle of $ 1.200 to attain further buying momentum. Besides the downtrend, NEAR price has sustained the gains and gave signs of a reversal by making a base formation near $1.050 and a double-bottom pattern.
NEAR price is initiating a reversal and surpassed the 20-day EMA indicating buyers presence in the past sessions. Moreover, the technicals now suggest a significant upside toward the $1.200 level, followed by $1.300, to retest in the upcoming sessions. Moreover, the chart showcased a three-rising soldiers pattern, suggesting that the bulls have resc
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