{"id":52015,"date":"2023-08-23T12:00:57","date_gmt":"2023-08-23T16:00:57","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/is-it-too-late-to-buy-near-protocol-near-price-blasts-up-5-and-viral-project-launchpad-uses-ai-to-find-the-next-100x-crypto\/"},"modified":"2023-08-23T12:01:00","modified_gmt":"2023-08-23T16:01:00","slug":"is-it-too-late-to-buy-near-protocol-near-price-blasts-up-5-and-viral-project-launchpad-uses-ai-to-find-the-next-100x-crypto","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=52015","title":{"rendered":"Is It Too Late to Buy Near Protocol? NEAR Price Blasts Up 5% and Viral Project Launchpad Uses AI to Find the Next 100x Crypto"},"content":{"rendered":"
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Layer-1 blockchain project Near Protocol (NEAR) has jumped up +8% so far this week, amid an emerging bounce that could see NEAR reclaim position atop the 20DMA.<\/p>\n

This comes following almost four-months of bleak downside price action for NEAR, which has bled-out half its value (-50%) since April 19.\u00a0<\/p>\n

But while price has been sliding, NEAR protocol has been building, with the project continuing to push frontiers with Java-based smart contract programming.<\/p>\n

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Recently, leading DeFi aggregator DeFiance ranked NEAR as the #4 most secured network.<\/p>\n

And in testament to the continual push to build, despite the price decline in NEAR since 2022, the developer and contributor community has continued to hold strong.<\/p>\n

NEAR Price Analysis: Is it too late to buy Near Protocol?<\/strong><\/h2>\n

Amid the mounting recovery, NEAR remains low in the narrowing trading channel, with NEAR trading at a market price of $1.18 (a 24-hour change of +0.68%).<\/p>\n

This comes after price fell-away from the descendant 20DMA on August 15, in a tumultuous -25% tumble.<\/p>\n

Now pushing back up, the 20DMA forms a key target for NEAR at $1.30, however, it is notable that the 20DMA is situated immediately above a historic support level at $1.25.<\/p>\n

Given the tough area of resistance around the 20DMA since July 24, it seems likely $1.25 will form a foothold for NEAR to test resistance in the event of an upside move.<\/p>\n

Indeed, Near Protocol’s indicators support this view, with the RSI showing bullish divergence at 36.30 (a significant oversold signal).<\/p>\n

While the MACD showcases only minor bearish divergence at -0.010.<\/p>\n

Overall, NEAR is facing a tight range on the short-time frame with an upside target at $1.31 (a possible +11.6% move), and downside risk limited to the recently established price level at $1.10 (a potential -6.22% move).<\/p>\n

This leaves Near Protocol with a risk: reward ratio of 1.88 – a solid entry with upside potential, and certainly not an overly-late entry.<\/p>\n

However, if you want to catch the next big pump before prices start moving then look no further than an exclusive trading analytics app which boasts AI-integrations that could supercharge your alpha.<\/p>\n

Launchpad XYZ: Leverage Exclusive AI Insights to Boost Your Trading Alpha<\/strong><\/h2>\n

There is just 6 days left to buy Launchpad XYZ (LPX), an innovative ecosystem designed to lower the entry barrier to Web 3.0 with user-friendly tools, insights, and analytics.<\/p>\n

Whether you’re a seasoned crypto user or just starting, this platform offers a range of features, such as NFT discovery, a decentralized exchange (DEX), a Web3 wallet, and utility token analysis.<\/p>\n

At the heart of the Launchpad XYZ ecosystem lies the $LPX token – holders who stake a minimum of 10,000 tokens can reap numerous benefits, including substantial fee discounts, exclusive early access to NFT mint whitelists and presales, beta play-to-earn game launches, as well as cool community prestige badges.<\/p>\n

The platform’s intention to list LPX on major cryptocurrency exchanges is expected to drive significant demand for the token.<\/p>\n

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Following the introduction of its primary features in Q3 2023, Launchpad XYZ anticipates substantial user adoption.<\/p>\n

With its maximum token supply of 1 billion, $LPX is set to launch on crypto exchanges later this year with a fully diluted market cap of $70 million. This makes it a platform to watch in the rapidly evolving crypto industry.<\/p>\n

Given its comprehensive suite of features and ambitious vision, Launchpad XYZ is set to break barriers and redefine the crypto space.<\/p>\n

As it facilitates an inclusive Web3 ecosystem, the $LPX token is proving itself a promising opportunity for investors. Whether you’re new to the crypto world or a seasoned investor, Launchpad XYZ is one platform you can’t afford to overlook in 2023.<\/p>\n

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Explore the latest Web3 presale projects, P2E Hub for gaming, the Metaverse Experience Library, and the Trading Terminal for an immersive experience.<\/p>\n

Future developments include a marketplace for fractionalized assets, a Trading Edge Game, and creator tools for brands.<\/p>\n

Don’t miss out on the opportunity to invest in Launchpad XYZ, a promising project with the potential for significant growth.\u00a0<\/p>\n

For more information, visit Launchpad XYZ today, also stay tuned with the project Twitter<\/a> and Telegram to receive all of the latest updates and team news.<\/p>\n

Buy LPX Here<\/strong><\/p>\n

.<\/sub>Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.<\/sup><\/i><\/p>\n<\/p><\/div>\n