NEAR price has dropped back into the $1.20-1.30 liquidity zone At the beginning of its trading, NEARUSDT, after breaking through this liquidity zone, began a solid and solid price growth.
In 2023, the NEARUSD price is testing this level for the third time, which is probably a strong mirror zone. The only nuance is that in six months of 2023, the price of BTC roughly doubled from 15k to 30k, while the price of Near did not.
Therefore, keeping our fingers crossed for NEAR, we can assume that if buyers manage to hold the $1.25 level, they should be able to double the NEARUSDT price to $2.75 just to catch up with the amplitude of BTC's growth.
However, if NEARUSDT drops and consolidates below $1.20, then it's nothing personal, but the next stop from the bottom is $0.90. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
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