{"id":502254,"date":"2022-09-14T13:12:27","date_gmt":"2022-09-14T13:12:27","guid":{"rendered":"https:\/\/wncen.com\/?p=502254"},"modified":"2022-09-14T13:12:27","modified_gmt":"2022-09-14T13:12:27","slug":"near-bulls-charge-their-way-past-4-7-amid-lack-of-spike-in-volume","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/near-bulls-charge-their-way-past-4-7-amid-lack-of-spike-in-volume\/","title":{"rendered":"NEAR Bulls Charge Their Way Past $4.7 Amid Lack Of Spike In Volume"},"content":{"rendered":"
NEAR Protocol is looking bullish as it darts past the $4.7 support zone. <\/span><\/em><\/p>\n
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NEAR\u2019s bullish momentum appears to wane<\/span><\/li>\n
Price exhibits low trading volume<\/span><\/li>\n
NEAR price trading at $4.51<\/span><\/li>\n<\/ul>\n
However, judging by the price movement, it looks like the bull\u2019s luck may be running out.<\/span><\/p>\n
On the other hand, NEAR\u2019s trading volume appears to be diminished or low even if the altcoin has amassed roughly 35% gains in that same period. So, does this mean a faltering demand for NEAR?<\/span><\/p>\n
From a long-term perspective, NEAR\u2019s resistance and support levels could be anywhere near the $3.7, $4.5, and $6.8 levels; respectively.<\/span><\/p>\n
Originally, the $6.8 zone acted as a support zone in May however the selling pressure has been too overwhelming to control. This level was again retested late in May, but with no luck.<\/span><\/p>\n