Market is still looking bearish and volume is not much in Near coin.
support levels are $3.7 and $3.1
resistance level $5.2
If market remains bearish for few more days and whole september near keeps dipping it will be a good accumulation zone for buyers
So my prediction of 30th september is $3.5
Time frame 1 day
Resistance $5.2
Support $3.7
Breakout above 5.2 could lead to 6.2 and 10 afterwards eventually
but the fact of 3ac investors and their unlocking could possibly create a fear among hodlers of $near and damage the price.
A bullish movement will be seen and reversal will also come into play in the month of august.
My Price prediction for 31st August is 4.5
In 4hrs tf the $near remains consolidating the upper band of bollinger with respecting the middle band as support. Support $3.4 Resistance $3.6
Breaking upside sees another resistance at $3.72. On lower side breaking $3.1 leads to $2 a strong support
My sunday price prediction for 8th week is $3.5
Near is at the lower levels and has main strong support at $3.1. Strong buying can take $near to $3.7 where resistance and mid level of bollinger band meet.
Breaking $3.7 level could possibly sees anything above $4.
My Sunday price prediction is $3.7
In my last week submission the range i provided is still playing a crucial role and providing support and resistance
Support $3.1
Resistance $3.6
Breaking above $3.6 will lead to fib level of 0.382 with price $4.25
Breaking Below $3.1 could see next lower fib level with price $2.9
I still think $3.1 is a strong support in 4 hour time frame.
So My 6th week price...
$5.6 is a good buying zone which acts as a support in one hour chart. If btc rises the near will also follow. Macd indicator shows weakeness in red candles which can lead to increament in price so my prediction for sunday is $5.9