Close-to-protocol price prediction: NEAR up 85% in one week, but investors turn to this green AI pre-sale that just surpassed $2 million.

Near Protocol Pricing rapidly increase Last week, more than 85% were trading at $7.93 as of 3:15 a.m. ET.

Near Protocol price attempts to break resistance.

NEAR/USDT 4-hour chart (Source: TradingView)

that much short range protocol Price has printed a series of highs and lows on the 4-hour chart throughout the past week, forming a bullish price channel. This positive momentum has pushed the value of the altcoin up to the $8.578 resistance level, which it is currently trying to break through.

Overcoming this threshold will result in a major upside as it merges with the upper limit of the price channel mentioned earlier. Therefore, if the 4-hour candle closes above $8.578 in the next 24 hours, it could provide a strong foundation for another bullish rally for the Near Protocol price.

This bullish scenario could be postponed if Near Protocol price rejects the $8.578 level in the next 24 hours. A breakout of the threshold could see NEAR revert to $7.295 over the next 12 hours. This potential correction could also be a liquidity-building move before the altcoin enters another move to the upside.

However, a drop below $7.295 may invalidate the bullish argument as Near Protocol price will break out of the upward channel. In this alternative scenario, the cryptocurrency could fall to the subsequent support level of $6.224 in the next 24-48 hours. In an extremely bearish situation, NEAR could fall to $5.184 in the near term.

Tech experts warn of a near protocol price adjustment.

technical indicators NEAR’s The 4-hour chart suggests that the cryptocurrency may undergo a correction in the next 24 hours. Both the relative strength index (RSI) and moving average convergence divergence (MACD) show that the strength of the bull market is starting to wane.

The MACD line is breaking towards the MACD signal line, which usually indicates that a positive trend in cryptocurrencies has peaked and is at risk of a bearish reversal. However, investors and traders will want to keep an eye on RSI as it has recently triggered a major bearish technical signal. This is after the RSI broke below the simple moving average (SMA) line, which is a sign that sellers are now stronger than buyers.

Near Protocol price is subject to adjustment risk, Ituktuk It’s rapidly gaining momentum, with presales exceeding $2 million.

Providing eco-friendly AI-based transportation to third world countries

eTukTuk is on a mission to lead the electric vehicle (EV) revolution and reduce global carbon emissions. At the heart of the plan is the project’s electric Tuk Tuk. This is a three-wheeler taxi, a popular mode of transportation in countries such as Bangladesh and Pakistan.

“eTukTuk’s core premise is simple but powerful.
“We aim to replace polluting internal combustion engine tuk-tuks (three-wheeled taxis) with clean, affordable electric vehicles and charging infrastructure.” – @WatcherGuru

Find out more here: https://t.co/Rv4MoURl9w

— eTukTuk (@eTukTukio) March 12, 2024

This EV, often used as a taxi, can be built with fewer than 200 parts. eTukTuk plans to lower the cost of manufacturing electric vehicles through strategic partnerships with local manufacturers.

In addition to reducing adoption costs for developing country governments, this provides financial relief to minitaxi drivers by reducing the purchase and operating costs of each vehicle.

The cost-effectiveness of the eTukTuk EV doesn’t end there. This is because the project’s AI model also provides drivers with the most optimal route to their destination.

This allows you to potentially complete more trips and earn more each day. eTukTuk also offers financial incentives to anyone who installs and maintains charging stations using its native crypto token, TUK.

eTukTuk also rewards investors

eTukTuk’s pre-sale also includes a lucrative staking program, so the project’s rewards are not limited to taxi drivers and charging station operators. Investors who purchase the project at this early stage can earn up to 124% in annual rewards.

To get started, investors must purchase TUK on the project’s official website. It is currently selling for $0.028 and can be purchased using Binance Coin (BNB) and Ethereum (ETH). Tether (USDT) or bank card. Anyone looking to buy TUK may want to do so immediately as the price of the cryptocurrency is expected to increase in about 5 days.

TUK available for purchase here.

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