NEAR Prices Firm, May Break above $17.1 To Q1 2022 Highs

NEAR bulls are in the driving seat, stable in the past trading week. Despite weakness, the coin may rally towards Q1 2022 highs once there is a comprehensive close above $17.1. Past Performance The NEAR price is steady around March 2022 highs and relatively firm in the past trading week. Overall, buyers appear to be in the driving seat, rejecting bear attempts to force prices below immediate critical support lines. As per the formation in the daily chart, NEAR bulls may breeze above $19.8 and troop higher in a buy trend continuation. Near Protocol Technical Analysis NEAR is up 133 percent from 2022 lows and resilient against bears. The rejection of lower prices in the course of last week and the resurgence on April 19 points to strength. Therefore, risk-off traders may load on dips at spot rates as long as prices are above $16.1 and the middle BB targets at $20.3—Q1 2022 highs. On a more conservatory approach, risk-on traders may wait for a clean break above $17.1 and March 2022 before doubling down with targets at January 2022 highs. What to Expect from the Near Protocol? Currently, buyers have the upper hand. However, the strength of the uptrend depends on the participation level of the breakout. A high-volume break above $17.1 may accelerate the rally towards Q1 2022 highs.The post NEAR Prices Firm, May Break above $17.1 To Q1 2022 Highs first appeared on Cryptoknowmics-Crypto News and Media Platform.The post NEAR Prices Fi...