NEAR price analysis: NEAR/USD hopes to touch previous resistance of $9.924

TL;DR Breakdown NEAR price analysis indicates that the market is bearish today.RSI Levels on both the 1-Hour and 4-Hour chart indicate a balance in the market.In the last 24 hours, the price is fluctuating between $8.9461 and $9.1634.The next few hours will be critical in determining the course of the market.NEAR might get close to the previous resistance of $9.924 in the next 24 hours. Today, NEAR price analysis is highly bearish, as the price has gone from yesterday’s closing at $9.9242 to the current price of $9.2648. From 7th to 8th of September 2021, was a significant increase in the price as the market remained overbought. A day later, NEAR set resistance at the $11.488 mark, which is still unpassed. Cryptocurrency heat map by Coin360 At large, the cryptocurrency market today has bullish sentiments as Ethereum is marking an increase of 1.32 percent, whereas Bitcoin’s price has gone up by 1.19 percent. That is not all. Other altcoins such as Dogecoin, Cardano, Solana, and Ripple have also increased the price. Yet, NEAR seems to be exhibiting bearish sentiments as per NEAR price analysis. NEAR Price Chart by TradingView The 1-Day Near price analysis graph gives us a clear picture of how much the price has fallen compared to yesterday. Although, the current price of $9.2648 is still higher than the closing price of 6th September, which was $6.0924. The previous support at this point is still unbroken. However, the RSI ...