Crypto Express

06/18 00:01

Will NEAR price follow suit?

However, on-chain NEAR metrics were expanding very fast, yet the price action was reluctant. NEAR was trading at $2.492, having rejected off a falling trendline, as the resistance at $2.80 remained intact.

Price did not manage to break the structure despite the network activity and moved lower.

If the momentum improved and bulls broke above the trendline, NEAR could test $2.80 again or even more after the trendline break.

However, if this momentum fades and $2.22 support breaks, the selloff could deepen. This zone is critical—holding it could mark a bottom; losing it could open the door to further losses.

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