Ethereum, NEAR, EOS Price Analysis: 25 January

ambcrypto.com:

While broader sentiment still refrained from changing, Ethereum and EOS gravitated toward their multi-month/yearly lows on 24 January. Now, their near-term indicators hinted at decreasing selling power, but they still needed increased volumes to propel a sustained rally.

On the other hand, NEAR kept declining after striking its ATH on 15 January.

Source: TradingView, ETH/USD

Following the market-wide fallout on 21 January, ETH bulls failed to step in and defend the crucial $3,000-mark support (now resistance). ETH registered a 33.84% loss (from 20 January high) and touched its six-month low on 24 January.

The recent falling wedge (yellow) breakout halted at the $2,550-mark. Since then, the 20 SMA (red) stood as a strong barrier for the bulls.

At press time, ETH was trading at $2,381.5. Following the broader sell-off, the RSI saw a 43 point plunge until it hit its 22-month low on 22 January. Then, it bounced back but still struggled to cross the 44-mark resistance. Also, the MACD confirmed the bearish vigor, but its histogram found a close above the equilibrium. This reading hinted at the decreasing bear influence.

Source: TradingView, NEAR/USDT

NEAR defied the broader market trajectory by being on an uptrend since early December. The alt saw a staggering 56.7% ROI (from 10 January low) and marched toward its ATH at $20.597 on 15 January. 

Since then, it lost 53.83% of its value while losing the vital $13.2-level resistance (previous support). With the gains over the past day, Bulls created a near-term demand zone (rectangle, green) for the alt. Now, the immediate hurdle for them stood at the $10.9-mark.

At press time, the alt traded at $10.364. After plunging to its record low at 18.4, the RSI saw a solid revival in the past