NEAR Price Analysis: Concentrated Support Stalls NEAR Price Correction

The six consecutive red candles from the $17.5 resistance tumbled the Near protocol(NEAR) price by 23.6%. The bearish reversal breached the bottom support of a three-weeks old range-setup, suggesting another leg-down from sellers. The post-retest rally could pull the altcoin beyond $13.3 support. Key points:  The 20-day EMA flips to viable resistance.  The intraday trading

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Author: toutiao