{"id":8566,"date":"2023-12-21T17:47:13","date_gmt":"2023-12-21T17:47:13","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=8566"},"modified":"2023-12-21T17:49:08","modified_gmt":"2023-12-21T17:49:08","slug":"near-protocol-chart-analysis-and-price-analysis","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/near-protocol-chart-analysis-and-price-analysis\/","title":{"rendered":"Near Protocol Chart Analysis and Price Analysis!"},"content":{"rendered":"<p><b>Near Protocol Chart Analysis and Price Analysis! We are evaluating the chart formation by the Near Protocol, the trends in the market, trading volume, and possible future moves.<\/b><\/p>\n<blockquote><p>You might like: <a href=\"https:\/\/coinengineer.net\/blog\/will-near-continue-to-rise-near-comment\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\"><em><strong>Will Near Continue to Rise? Near Comment!<\/strong><\/em><\/span><\/a><\/p><\/blockquote>\n<p>We did some minor research on the chart for the recent remarkable uptrend we caught in the <strong>Near<\/strong> chart. Our formation, known as the<strong> &#8220;Adam and Eve&#8221;<\/strong>, has met the conditions needed for completion, and the price has reached the neckline. If closure starts to occur above the neckline here, it&#8217;s possible to say the uptrend could continue because the chart can initiate an uptrend movement to fill in its &#8220;inducement&#8221; structure formed from the previous decline.<\/p>\n<blockquote><p>Coin Engineer, which was designed to develop blockchain and create applications. This platform provides infrastructure for smart contracts and decentralized applications (dApps). Coin Engineer is the cryptocurrency used on this protocol and enables transactions to be carried out within the platform&#8217;s ecosystem. Coin Engineer focuses on scalability, speed, and ease of use features, aiming to allow developers and users to create and use blockchain-based applications.<\/p><\/blockquote>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-8575 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/Near-Protocol.png\" alt=\"Near Protocol \" width=\"1024\" height=\"440\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/Near-Protocol.png 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/Near-Protocol-300x129.png 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/Near-Protocol-768x330.png 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>Besides, our target price determined should the<strong> &#8220;Adam and Eve&#8221;<\/strong> formation work out corresponds to the price band between 5.63 and 6.15. Considering there are no significant resistance points on the chart upon surpassing the neckline and the path is clear indicates the likelihood of rapid upward movements.<\/p>\n<p>There is an excessive liquidation accumulation in Near and the market may shift to spot liquidation purchases. These movements can happen with sudden and small retracements. However, for the uptrend to continue, market makers will kick high leverages out of the game, which means small-scale retracements could be inevitable.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-8576 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/Near-Protocol-1-1024x416.jpg\" alt=\"Near Protocol 1\" width=\"1020\" height=\"414\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/Near-Protocol-1-1024x416.jpg 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/Near-Protocol-1-300x122.jpg 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/Near-Protocol-1-768x312.jpg 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/Near-Protocol-1.jpg 1280w\" sizes=\"auto, (max-width: 1020px) 100vw, 1020px\" \/><\/p>\n<p>This situation could be bad news for those in the position, but those not in the position can take advantage of these declines and costs Near a lower fiat.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-8577 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/Near-Protocol-2-1024x414.jpg\" alt=\"Near Protocol 1\" width=\"1020\" height=\"412\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/Near-Protocol-2-1024x414.jpg 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/Near-Protocol-2-300x121.jpg 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/Near-Protocol-2-768x311.jpg 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/Near-Protocol-2.jpg 1280w\" sizes=\"auto, (max-width: 1020px) 100vw, 1020px\" \/><\/p>\n<h2>Near Protocol Market Data<\/h2>\n<p><strong>Market Cap:<\/strong> $3,395,903,682<\/p>\n<p><strong>Market Cap Volume (24 hours):<\/strong> $688,674,906 (%203.29 increase)<\/p>\n<p><strong>Market Cap Volume \/ Market Cap (24 hours):<\/strong> 23.33%<\/p>\n<p><strong>Circulating Supply:<\/strong> 1,004,666,471 NEAR<\/p>\n<p><strong>Total Supply:<\/strong> 1,000,000,000 NEAR<\/p>\n<p><strong>Fully Diluted Market Cap:<\/strong> $2,938,035,725<\/p>\n<p>Near Protocol Token can easily be bought and sold on Global Exchanges such as <em><strong><a href=\"https:\/\/accounts.binance.com\/en\/register?ref=DGQ4AGL8\" target=\"_blank\" rel=\"noopener\">Binance<\/a>, <a href=\"https:\/\/partner.bitget.com\/bg\/JVJzUr\" target=\"_blank\" rel=\"noopener\">BitGet, <\/a><a href=\"https:\/\/www.kucoin.com\/ucenter\/signup?rcode=rJUEYGG\" target=\"_blank\" rel=\"noopener\">Kucoin<\/a>, <a href=\"https:\/\/mexc.com\/auth\/signup?inviteCode=16GZj\" target=\"_blank\" rel=\"noopener\">Mexc,<\/a><a href=\"https:\/\/www.huobi.ug\/en-us\/v\/register\/double-invite\/?invite_code=mbwg2223&amp;inviter_id=11345710\" target=\"_blank\" rel=\"noopener\">Huobi, <\/a><\/strong><\/em>and <em><strong><a href=\"https:\/\/www.gate.io\/en\/signup\/3499516\" target=\"_blank\" rel=\"noopener\">Gate.io<\/a><\/strong><\/em>. Also, if you wish to benefit from the discount link defined exclusively for Coin Engineer followers, you can use our referral code by clicking on the exchange you want to register for.<\/p>\n<hr \/>\n<div id=\"chat-history\" class=\"chat-history-scroll-container ng-tns-c1304298479-2 ng-trigger ng-trigger-resetChat show-bottom-shadow\">\n<div class=\"conversation-container ng-tns-c1304298479-2 visd-patch ng-star-inserted\">\n<div class=\"ng-tns-c3288265132-24\">\n<div class=\"response-container ng-tns-c3311575876-25 response-container-has-multiple-responses\">\n<div class=\"presented-response-container ng-tns-c3311575876-25\">\n<div class=\"response-container-content ng-tns-c3311575876-25\">\n<div class=\"response-content ng-trigger ng-trigger-responsePopulation ng-tns-c3311575876-25 ng-animate-disabled\">\n<div class=\"markdown markdown-main-panel\" dir=\"ltr\">\n<p><em>Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don\u2019t forget to follow us on\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Telegram<\/strong><\/a>,\u00a0<a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>YouTube\u00a0\u00a0<\/strong><\/a>and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\"><strong>Twitter<\/strong><\/a> for the latest news and updates.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Near Protocol Chart Analysis and Price Analysis! We are evaluating the chart formation by the Near Protocol, the trends in the market, trading volume, and possible future moves. You might like: Will Near Continue to Rise? Near Comment! We did some minor research on the chart for the recent remarkable uptrend we caught in the<\/p>\n","protected":false},"author":1,"featured_media":8565,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,4],"tags":[22,677,1215,653,154,3098],"class_list":["post-8566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-projects","category-coin-analysis","tag-binance","tag-bitget","tag-huobi","tag-kucoin","tag-mexc","tag-near-protocol"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Near Protocol Chart Analysis and Price Analysis! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Near Protocol Chart Analysis! 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