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Cryptoknowmics
2022-11-25 08:39:50

NEAR Technical Analysis: “Cup and Handle” Pattern Projects a Bullish Breakout

NEAR Technical Analysis: “Cup and Handle” Pattern Projects a Bullish Breakout

The NEAR technical analysis displays a bullish reversal with a “Cup and Handle” pattern signaling an upcoming uptrend as RSI shows increasing buying pressure. NEAR Protocol price action has been on bearish momentum since last week which accounted for a loss of over 12%. Currently trading at a price of $1.61, NEAR fell by 5.29% in the last 24 hours with a daily high of $1.71. The token’s 24-hour market valuation dropped by 5.10% to 1.34 billion and trading volume plunged by 40% to $92.37 million. However, the token has shown signs of reversal during early trading hours after a The post NEAR Technical Analysis: “Cup and Handle” Pattern Projects a Bullish Breakout appeared first on Cryptoknowmics-Crypto News and Media Platform .

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