merchants_of_near

New Support level for Near Protocol

Long
KUCOIN:NEARUSDT   NEAR Protocol / Tether
Hello Merchants!

A big congratulations to all Near Hodlers. Near protocol now sets a new record with a new price support at $13.3. The wick from 15th December showed the potential movement of the market for this week. BTC has made a 5.02% drop in price to $47k resulting in a consequential price correction of Near Protocol to about $13.3 which is about 5.87% drop.

Currently, price is resting around this new support and will be going bullish to fill up the wick we saw on the 15th of December. From the Fibonacci trend extension tool, price has potentials to fulfil the $18 level in the coming days.

Also, the trend lines show the price path as it corresponds to the various price levels. Price should not go below the $12 level before fulfilling the $17.1 price mark within the next week.

This is still a good dip.
NFA
Good luck trading
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