Renowned crypto analyst Michal van de Poppe has recently focused on NEAR Protocol, indicating a pivotal moment for the asset as it approaches a significant resistance zone. The source reports that his insights suggest NEAR may be on the verge of a new upward trend.
Текущая ситуация с NEAR
Van de Poppe notes that NEAR is currently compressing just below a clearly defined resistance area, which is crucial for the market's attempt to regain short-term trend control. He emphasizes the importance of the asset maintaining its position above the 21-day moving average, a key indicator that often serves as a momentum filter during transitions in market trends.
Перспективы NEAR
Should NEAR successfully hold above the 21-day MA and convert the resistance into support, the technical outlook becomes promising. The analyst points out that this could lead to a price movement back to levels seen before October 10, with the price level of 3 identified as a significant target for potential upside.
As NEAR Protocol faces a critical resistance zone, Ethereum's price was previously at a pivotal point, with analysts observing key resistance levels. For more details, see the full analysis on Ethereum's market sentiment and price action here.
