NEARNewsPrice Prediction

NEAR News Today: NEAR Price Prediction for 08 Jan 2024 Targets $3.689

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NEAR, a rising star in the cryptocurrency market is currently trading at $2.994, below its pivot price of $3.301. This article provides an in-depth analysis of NEAR’s potential price movements for today, based on the latest market trends and the coin’s recent performance.

NEAR News Today
NEAR News 08 Jan 2024
NEAR Price Prediction Today

NEAR Price Target Today

NEAR’s current position under the pivot price indicates a bearish trend. If this trend persists, NEAR might test support levels at $3.153, $3.061, and potentially drop to $2.913. However, the inherent volatility of the cryptocurrency market suggests a potential for a bullish reversal.

NEAR News Today
NEAR News 08 Jan 2024
NEAR Price Prediction Today

This chart is generated from Tradingview.com: https://in.tradingview.com/chart/?symbol=BINANCE%3ANEARUSDT.P

NEAR Price Prediction Today

Should market sentiment shift positively, NEAR has the potential to rise above its pivot price and target resistance levels at $3.449, $3.541, and potentially reach a high of $3.689. The fluctuating nature of the crypto market makes these targets achievable under favourable conditions.

NEAR Price Prediction

Today’s prediction for NEAR sees the possibility of it reaching as high as $3.689 in a bullish scenario, while a bearish trend could lead to a decline towards $2.913. These predictions are based on the current market dynamics and NEAR’s historical price history.

NEAR/USDT Daily Chart for Yesterday

Looking at yesterday’s NEAR/USDT daily chart, NEAR reached a high of $3.539, slightly above the third resistance level. This suggests a potential fourth bullish target for today if the upward momentum continues. Conversely, yesterday’s low of $3.151, close to the first bearish target, indicates a bearish trend.


Disclaimer: The predictions in this article are for educational purposes only and are not intended as financial advice. Cryptocurrency investments are highly volatile and risky. Investors should conduct their own research or seek advice from a financial professional before making any investment decisions.

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About author
Matthew Garcia is a crypto article writer with over 5 years of experience in the industry. He is passionate about writing about the latest news and trends in the cryptocurrency space, and he has a deep understanding of the technology behind blockchain. Matthew Garcia has written for a variety of publications, including CoinDesk, The Block, and CryptoSlate. He is also a regular contributor to the Ailtra.io blog, where he writes about the latest developments in the Ailtra ecosystem. Matthew Garcia is a skilled writer with a knack for explaining complex technical concepts in a clear and concise way. He is also a creative writer who is able to produce engaging and informative content. Matthew Garcia is always up-to-date on the latest news and trends in the crypto space, and he is always looking for new ways to share his knowledge with others.
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