NEAR: Altcoin Portfolio Hits $140K After Rotation
NEAR at $3.53 as altcoin portfolio reaches $140,000 after buys at $1.20-1.80 and sale at $3.80, with 4h technical confluence analysis.
SourceAnalysis
Michaël van de Poppe updates his #Altcoin portfolio to $140,000 after buying NEAR at $1.20-1.80, AVAX at $6.30 and rotating NEAR sales at $3.80. At the current NEAR price of $3.53 the 4h chart displays a bullish trend structure above EMA50 support at $2.92 and EMA200 at $2.3, yet price tests upper Bollinger resistance at $4.14 with RSI(14) at 69.94 and MACD death cross at 0.28, pointing to probable retracement toward the 50-EMA before continuation for traders focused on NEAR price prediction and avoiding crypto market crash scenarios.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast