BitcoinForex (SPOT)

Near Protocol ($NEAR): Updates Analysis & Forecast

 

Today we continue to follow up on our latest analysis as it currently appears to be correct. Having said that, from a technical point of view, Near Protocol ($NEAR) in the short term, still remains bearish, as we can see from the chart our resistance (wave I) worked correctly, and from there we saw a bearish move to break the support . With this in mind, it’s possible that our analysis may still work properly and may eventually test the area around 1.48/1.50 in the near term. in conclusion, as long as the Price Action remains below wave I, the trend is still bearish.

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