NEAR Protocol (NEAR), Shiba Inu (SHIB), Continuation Pattern

Cryptography market models: continuation of the increase in the near and stable price

Lately, the cryptocurrency market has been in a Russian mountain, with many active ingredients that have undergone significant price fluctuations. However, a specific model is gaining traction: the continuation of the increase in the subsequent (near) (subsequent) protocol and the Shiba Inu (Shiba) protocol, together with its intriguing relationship with the continuation model.

Continue standard: an indicator -Chave

NEAR Protocol (NEAR), Shiba Inu (SHIB), Continuation Pattern

The continuation model is a technical analysis tool used to identify possible increases in cryptocurrency prices. It implies the analysis of the previous maximum of the price of a cryptocurrency, followed by an upward trend that exceeds the previous minimum and therefore another increase beyond the previous increase. This model has been observed in different cryptocurrencies and it is believed to indicate a strong purchase signal.

near the protocol (subsequent) and Shiba Inu (Shiba): a high growth cycle

Neon Network (previously known as the next protocol), a decentralized platform for the construction of intelligent contracts, has grown in recent months. The cryptocurrency of the native project has increased by over 1,000% from its initial public offer (IPO) in March. Even Shiba Inu (Shib), the popular meme currency, has undergone a significant appreciation of prices, with a gain of over 500%.

The continuation model

Both the nearby protocol and Shiba Inu have shown coherent growth models, which are indicative of a continuation of the trend upwards. The increase in the value of the nearby protocol is mainly guided by its strong reasons, including a scalable blockchain infrastructure and a growing decentralized application ecosystem (APPS). In the meantime, the price of Shiba Inu has been fed by its community approach, focusing on the involvement of the community and on the promotion of social media.

A look at the graph

Here is a brief analysis of the next protocol and Shiba Inu using their respective graphics:

* near the protocol (next)

+ Price: $ 0.33

+ 24 hours Volume: $ 1.2 billion

+ Increase in value: over 1,000% from the IPO

* Shiba Inu (Shiba)

+ Price: $ 0.08

+ 24 hours of volume: 150 million US dollars

+ Gain of over 500% from the OIC

Conclusion

The continuation model observed in the next protocol and Shiba Inu suggests that these activities are on the point of another increase in prices. As long as these cryptocurrencies continue to obtain an impulse, their prices are likely to have significant increases. It is essential that investors are cautious and do their research before investing in any activity.

To remember

  • Always conduct a complete market analysis and a risk assessment before making investment decisions.

  • Cryptocurrencies are highly speculative and involve intrinsic risks, including prices volatility and regulatory uncertainty.

  • Never invest anymore than you may lose.

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