Market Update:
After a good pump we see the usual dump overall in the market. This is totally normal and needed in the crypto market. The good news is that the dumps on BTC for example won’t be as significant and won’t be called a ‘crash’. Overall this is good for the bull scenarios in the space.
On the NEAR/USDT pair we can clearly see a little drop in price compared to yesterday. This is absolutely needed in order for us to have a continuation and even bigger pump afterwards. The price is around $ 9 right now and is testing that zone at the moment. Seeing some consolidation there would be very positive and would mean an open door to go test the $ 10 region.
Today we will talk about the NEAR/ETH. Since Oct 14th NEAR is trying to reverse the downside pattern it was in since Sept. 10th. Like on the NEAR/BTC pair we can see a W-structure forming on the weekly and this is very bullish overall to gain more market share against one of NEAR’s biggest colleagues.
After a good pump we see the usual dump overall in the market. This is totally normal and needed in the crypto market. The good news is that the dumps on BTC for example won’t be as significant and won’t be called a ‘crash’. Overall this is good for the bull scenarios in the space.
On the NEAR/USDT pair we can clearly see a little drop in price compared to yesterday. This is absolutely needed in order for us to have a continuation and even bigger pump afterwards. The price is around $ 9 right now and is testing that zone at the moment. Seeing some consolidation there would be very positive and would mean an open door to go test the $ 10 region.
Today we will talk about the NEAR/ETH. Since Oct 14th NEAR is trying to reverse the downside pattern it was in since Sept. 10th. Like on the NEAR/BTC pair we can see a W-structure forming on the weekly and this is very bullish overall to gain more market share against one of NEAR’s biggest colleagues.
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