- NEAR reversed from resistance zone
- Likely to fall to support level 3.000
NEAR cryptocurrency recently reversed down from the resistance zone between the resistance level 3.290 (former strong support from 2024, which stopped the previous wave 2 in May) and the upper weekly Bollinger Band.
This resistance zone was further strengthened by the 38.2% Fibonacci correction level of the previous weekly downward impulse from the start of 2025.
NEAR cryptocurrency can be expected to fall to the next round support level 3.000 (former resistance from July and August).
By the FxPro Analyst Team
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.