WLD, NEAR and RNDR Price close to trigger a new recovery

Cryptocurrency markets roll over from time to time as bulls and bears show the same strength at regular intervals. Mainly because the price of Bitcoin remains stuck in a range after a brief recovery, allowing altcoins to inflate a bit. Therefore, some of them, such as Worldcoin (WLD), Near Protocol (NEAR), and Render Protocol (RNDR), are believed to maintain a strong upward trend.

Worldcoin (WLD) Price Analysis.

• Worldcoin price has reached the last stage of the run inside the decisive symmetrical triangle as it tests the upper resistance of the triangle, which could invite some bearish action

• The buying pressure has decreased to some extent, which could help the bears to make some profits

• The price may decline slightly, but the triangular support at $4.7 could offer a base to trigger a healthy rebound, placing the price at the cusp of consolidation.

• Therefore, WLD price, which is stuck between the 100-D and 200-D MA levels, may break out of the upper resistance and enter the crucial resistance zone above $8.5.

Near (NEAR) Protocol Price Analysis.

• THE Price CLOSE continues to trade within an ascending triangle, while the top is somewhat distinct from current levels

• Therefore, the price is considered to show significant volatility, hitting the upper resistance and lower support until reaching the limit

• Furthermore, the MACD shows increasing buying pressure as the levels have just entered the positive range, indicating that a new recovery may be approaching quickly

• After a brief fluctuation, the price is believed to break out of the consolidation and reach the overhead resistance above $10, while the $8.9 levels might cause some hurdles but if the bulls show strength, then a bullish breakout might be imminent.

Rendering Protocol Pricing Analysis (RNDR).

• THE RNDR price has maintained a steep upward trend for over a year, aiming to reach new highs

• The RSI is incremental and is approaching the upper threshold. A small bullish push could push the price above $15

• However, the volume has declined steadily but remains under a bullish influence, indicating the presence of bullish momentum

• Therefore, the price could maintain a healthy recovery inside the ascending wedge and form a new high before the end of the week.

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