NEAR price breaks above $7.074 per coin, up 3.51% intraday
NEAR Protocol latest price news, NEAR real time price up 3.51% to $7.074 with $842 million traded volume
After studying the k-chart, it is now in an oscillating trend. It is up more sharply compared to 19:00 and has recovered from 11:00, breaking above the 15:00 high. When price and volume rise at the same time, it usually means strong buying in the market.
Buyers are actively trading at higher prices, reflecting optimistic market sentiment. In this case, prices are likely to continue to rise with strong momentum. Investors should keep an eye on the breakout of key resistance levels; if the price continues to move higher and firms up, it means the uptrend will continue.
Trading volume is rising and prices are rising in tandem. Judging by the Williams indicator, it is currently overbought. The volume of trading has increased recently, the volume of trading has increased compared to the previous hours, and the price and the volume of trading are rising at the same time: trading is active and the upward momentum is strong.
The market is buying strongly, and there is a high probability that the uptrend will continue. It is recommended to remain on the sidelines and pay attention to the breakout of the resistance level.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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