NEAR Loses Key Support Level, Next Level to Watch Sits at $1.7, Can the Altcoin Turn Bullish Again?

• Altcoin NEAR loses key support level. 
• Next level to watch sits at the $1.7 price range. 
• Can the promising altcoin turn bullish again soon?

As the prices of promising crypto assets continue to move sideways, reputed analysts debate over the likelihood of higher and lower targets for Bitcoin, Ethereum, and other altcoins in the crypto market. At the moment, analysts are keeping a close eye on potential altcoins like FET and NEAR who are showing strong signs of surges. As NEAR loses key support level, bullish sentiments have taken a dive for the moment.

NEAR Loses Key Support Level

According to CoinMarketCap analytics, the price of NEAR is currently trading at $1.79, showing a small uptick in the green bullish direction. But when we look at the longer term charts, the asset is down by over 6.9% over the last 7 days, down by 1.65% over the last 30 days, and down by over 37% over the last 30 days. Analysts are now debating over the altcoins next price action. 

As we can see from the post above, this analyst and trader goes on to highlight how NEAR lost a key support level. Having lost that, NEAR may be in for experiencing a dip in price, which will pull the asset towards claiming a slightly lover target. This lower target will likely be determined by how the asset will react to the next upcoming price level, now set at the $1.7 price range.

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