Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion NEAR could break below the $2.255 support. The Funding Rate dropped significantly by press time. Near Protocol’s [NEAR] shrinking trading volumes could impact investors and traders. At press time, the token’s value had dropped […]
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion] shrinking trading volumes could impact investors and traders. At press time, the token’s value had dropped to a crucial support level of $2.255. It had plummeted by 10% in the past 24 hours, according to Coinmarketcap.
Alternatively, bulls could launch a recovery from the $2.255 if demand rises for NEAR at its discounted prices. Such development would invalidate the bearish bias described above. Nevertheless, the upswing could aim at the bearish order block level of $2.688. In the same period, the weighted sentiment also declined and flipped into negative, underlying the bearish sentiment in the market at press time.
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