Market Update:
BTC is still in his range around $51900 & $42300. To regain a bullish momentum on BTC we would need to break above $51995 if that happens we should be heading to around $55500. After that around $58000 & $63000.
On the NEAR/USDT pair we regained a bullish momentum this week with an increase of 32% at around $11.84. It’s been 6 weeks since we haven’t been able to close above this level and break it to go for price discovery so there is a big resistance.
The NEAR/BTC pair looks very promising as well as respecting what we said a few months back. NEAR is outperforming BTC and it looks like it will be like this for a while. ETH is starting to struggle against BTC where NEAR stays bullish.
BTC is still in his range around $51900 & $42300. To regain a bullish momentum on BTC we would need to break above $51995 if that happens we should be heading to around $55500. After that around $58000 & $63000.
On the NEAR/USDT pair we regained a bullish momentum this week with an increase of 32% at around $11.84. It’s been 6 weeks since we haven’t been able to close above this level and break it to go for price discovery so there is a big resistance.
The NEAR/BTC pair looks very promising as well as respecting what we said a few months back. NEAR is outperforming BTC and it looks like it will be like this for a while. ETH is starting to struggle against BTC where NEAR stays bullish.
