The rising star of recent days, NEAR, continues to rise. The price of NEAR, which has been fluctuating within a certain range for a long time, has reached a point that could be called a resistance level in the past hours.
Compared to the past, it will not be surprising if NEAR surpasses this level and reaches a value of 3 dollars. However, as always, it is necessary not to ignore possible decline scenarios. In view of the NEAR price analysis, the first support point is $2,470 in case of a decline from the resistance level.
If this support point cannot be maintained, there is a possibility that values could decline to $2,350and even $2,150. Therefore, it is very important to closely monitor this red box that we are in when performing a NEAR price analysis.
So, will NEAR‘s rise continue? Although the answer to this question depends on the investors’ analysis and risk tolerance, its recent strong performance and having reached the resistance level indicate that it may continue to rise. However, it is important to conduct the necessary analysis and determine stop loss levels.
As a result, although NEAR coin reviews seem positive, cryptocurrencies generally have high volatility, so we recommend that you take care when making your investments, and seek support from a professional consultant. What will determine the future of NEAR will be the behaviors of investors.
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