NEAR’s price struggles to hold above key resistance as price trends in a falling wedge price could break the downtrend. NEAR continues to struggle as price clings to resistance in a bid to reclaim the region. The price of NEAR continues a downtrend price movement in a descending wedge as the price could pull out a surprise below 50 and 200 Exponential Moving Average (EMA) on the daily timeframe. For some weeks now, the price of Near Protocol (NEAR) has looked as if the price has lost its steam to rally against tether (USDT) as the price has remained in a range-bound movement with little or no volume to rally. Despite the uncertainty that has befallen the crypto market in recent weeks, as the price of Bitcoin (BTC) and other crypto assets such as Ethereum (ETH) have seen a slight setback in their price movement, the price of NEAR has shown little or no volatility in its price movement as many fear if NEAR can reclaim key support at $3. (Data from Binance) Related Reading: AAVE Price Poised For Rebound With $90 On The Crosshair – Time To Buy? Near Protocol (NEAR) Price Analysis On The Weekly Chart. The bear market hasn’t been good and favorable for most projects, as this has been a tough time as most projects have seen a price decline of over 50% and have discouraged most traders and investors from hodling these assets. Despite huge backing from great partnerships and a huge community that has continued to build and ...
