Analysts Reveal Bearish Wedge Pattern In NEAR: Check the Top Crypto Presales

Near Protocol (NEAR) shows bearish momentum, even amidst a generally bullish market sentiment. Over the past 24 hours, NEAR has experienced a price increase of 6%. However, the past week tells a different story, with NEAR dropping nearly 11%, signaling a strong bearish trend. 

Despite a brief recovery that pushed the price above the 50-day EMA, NEAR has fallen back and is now trading below the short-term 20-day, 50-day, and 200-day EMAs. In 2024, NEAR might grow due to ongoing developments and a positive market outlook. Nevertheless, the current price action is bearish, and traders should approach it cautiously, effectively navigating the market fluctuations.

NEAR’s Price Movement Analysis

NEAR’s recent price movements underscore the strength of the bearish trend, even amidst occasional short-term recoveries. Despite these brief upswings, the overall direction remains downward, signaling persistent bearish momentum. It highlights the importance of closely monitoring key resistance and support levels, as these will provide critical insights into potential price reversals or further declines. 

Traders should adopt a cautious approach given the ongoing influence of the bearish wedge pattern on NEAR’s price action. This pattern suggests continued downward pressure, making it essential for traders to stay vigilant and make informed decisions based on market dynamics. By monitoring these key levels, traders can better navigate NEAR’s price movements and manage their investments effectively.

MoonBag (MBAG): The Top Crypto Presale Happening Now

Amidst the volatile crypto market, MoonBag (MBAG) is the top crypto presale happening now. MoonBag offers a promising investment opportunity with several unique features that cater to investors and influencers alike.

High Returns with MoonBag’s Staking: 88% APY

MoonBag provides an impressive staking feature, offering an 88% annual percentage yield (APY) for the first six months. This high return rate is designed to reward early investors who choose to stake their MBAG tokens.

Let’s say you invest $10,000 in MoonBag and decide to stake your tokens. With an 88% APY, your investment will grow to $18,800 by the end of the year. This significant return is one of the reasons why MoonBag is considered the best crypto presale project of 2024.

Staking is a way to earn passive income while supporting the MoonBag network. By locking up your tokens, you contribute to the network’s stability and security, and in return, you receive substantial rewards. This feature makes MoonBag an attractive option for both short-term and long-term investors.

Referral Programme: Earn Bonus Coins with MoonBag

MoonBag’s referral program is another highlight. It offers up to 50% bonus coins for new investors and 10% bonuses for influencers and key opinion leaders (KOLs).

For instance, if you refer a friend who invests $1,000 in MoonBag using your referral code, they will receive an additional 50% in bonus coins. That means they will get $1,500 MBAG coins for their $1,000 investment. As an influencer, the total amount purchased through your referral code accumulates, placing you on the leaderboard. The top 20 referrers each month receive 10% of the total purchases made with their codes in MBAG coins.

This referral program incentivizes investors to attract more participants and creates a robust and engaged community around MoonBag. It’s a win-win for everyone involved, making it one of the top crypto presales.

Community and Transparency: The Pillars of MoonBag

MoonBag strongly emphasizes community and transparency. With dedicated segments on its website showcasing various wallets, including the Presale Wallet, Liquidity Wallet, Community Wallet, and Team Wallet (locked for two years), investors can trust the project’s commitment to transparency and long-term stability.

MoonBag’s active Telegram community, ‘moonbaghq,’ allows members to interact, share insights, and stay updated on the latest developments. Regular competitions and contests encourage participation and creativity, fostering a vibrant community.

Comparing NEAR and MoonBag

Near Protocol (NEAR) and MoonBag (MBAG) present unique opportunities in the crypto market. Despite its current bearish trend, NEAR has potential growth due to its ongoing developments. However, traders should approach this situation cautiously due to the current bearish price action.

On the other hand, MoonBag stands out with its high APY staking feature, lucrative referral program, and strong community focus. The structured presale stages offer clear growth potential, making it the best crypto project of the year. With liquidity locked for two years and a transparent approach, MoonBag ensures stability and investor confidence.

Why Join the MoonBag Presale Now?

MoonBag’s presale offers significant returns on investment, with the opportunity to benefit from high APY, referral bonuses, and community engagement. The presale is designed to encourage early participation, with increasing token prices in each stage symbolizing the journey to financial freedom.

If you’re looking for the top crypto presale happening now, MoonBag is the clear choice. Don’t miss out on the chance to be part of this revolutionary project. Join the MoonBag presale today and embark on a journey towards financial empowerment.

Invest in MoonBag Presale 

Presale: https://moonbag.org/presale 

Whitepaper: https://moonbag.org/documents/whitepaper.pdf 

Twitter: https://twitter.com/Moonbag_org 

Telegram https://t.me/MoonBag_official