NEAR Protocol Price Prepares for Major Consolidation

Thursday, 4 April 2024, 14:30

NEAR Protocol's market analysis signals a mix of sentiments with potential for a bullish trend amidst indicators of consolidation. The article discusses the shift in RSI, increased transaction volume, and EMA lines indicating a complex market sentiment.
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NEAR Protocol Price Prepares for Major Consolidation

NEAR Protocol Price Analysis

The Near Protocol (NEAR) market analysis presents a mix of signals, including a falling RSI and increased transactions, hinting at potential consolidation.

Shifting On-Chain Momentum

The recent dip in RSI and rebounding transaction count indicate changing market dynamics for NEAR, suggesting a shift towards consolidation.

  • NEAR RSI: Falling to 66, signaling potential consolidation
  • NEAR Transactions: Reaching a peak of 9.02 million, aligning with price surge

NEAR's EMA lines and price predictions showcase a delicate balance between gains and losses in the near term.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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