NEAR Price Analysis for December 21

Price Analysis
Thu, 12/21/2023 - 15:22
Cover image via www.tradingview.com
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The prices of most of the coins keep growing, according to CoinStats.

NEAR chart by CoinStats

NEAR/USD

NEAR is one of the biggest gainers today, rocketing by more than 20%.

Image by TradingView

Traders should focus on the local level of $3.343. Until the price is above that mark, there is a chance to see a further upward move to the vital zone of $4.

Image by TradingView

On the daily chart, there are no bearish signals yet, as the rate of NEAR keeps setting new local peaks.

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If the bar closes with no long wick, the growth is likely to continue to $4 and above.

Image by TradingView

From the midterm point of view, traders should pay attention to the weekly bar closure in terms of the resistance level of $3.443. If it happens near it or above, the growth may lead to the test of the $4-$4.5 zone soon.

NEAR is trading at $3.33 at press time.