ExchangeDEX+

Buy Crypto Markets Spot FuturesGOLD Earn Events

It may be a little early for breakouts among the altcoins, given that the Bitcoin bulls and bears are still deciding whether the price has made a local bottom. That said, the Near Protocol (NEAR) price spiked as much as 9.3% on Friday morning, while Chainlink (LINK) is back in the breakout zone.It may be a little early for breakouts among the altcoins, given that the Bitcoin bulls and bears are still deciding whether the price has made a local bottom. That said, the Near Protocol (NEAR) price spiked as much as 9.3% on Friday morning, while Chainlink (LINK) is back in the breakout zone.

Near Protocol (NEAR) spikes to the upside: Is Chainlink (LINK) next?

2025/10/10 19:25

$NEAR price spike takes it to resistance and possible breakout

Source: TradingView

A big price spike from $NEAR has put this crypto up against horizontal resistance and close to the descending trendline. However, the Stochastic RSI indicators are starting to top out, while volume would need to increase if a successful breakout is to occur.

Horizontal resistance is key for $NEAR bulls

Source: TradingView

The weekly time frame for the $NEAR price reveals that it is very much an open and shut case. The strong horizontal resistance level at $3.13 is key to everything. If the bulls can break through this and confirm above, then the last stage of the crypto bull market is very much on for $NEAR.

A W pattern may still be in formation, with the neckline at the horizontal resistance level.

At the bottom of the chart, the Stochastic RSI indicators are going to need to turn back around. If they can do this, it could provide the momentum for the breakout.

Breakout not quite yet for $LINK?

Source: TradingView

The short-term time frame for $LINK shows that the price is right up against the top trendline of the channel again. However, just as is the case for $NEAR, the Stochastic RSI indicators are showing signs of topping out soon, while the volume profile is still decreasing. This is not exhibiting the confidence for a breakout.

It might be more likely that the price is rejected from the trendline once again. This would allow the momentum to reset before another, perhaps more successful attempt at a breakout.

$LINK bull flag breakout as soon as next week

Source: TradingView

In the weekly time frame things look very interesting for the $LINK price. A big rise from June until August 2025 ended with a long sideways and downwards consolidation phase, which looks very much like a bull flag. Given that the $LINK price is right up against that top trendline, and that there are only a couple of days left in the week, a breakout for next week is quite likely.

Look for the Stochastic RSI indicators to start turning sideways and then up at the 50.00 level. Also, the volume bars would start to increase in size.

One major factor to take into account when backing either $NEAR or $LINK is the status of $BTC. These altcoins are only going to breakout if $BTC leads. Keep a very close eye on the $BTC price over the rest of this week.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Market Opportunity

NEAR Price(NEAR)

$1.538

$1.538$1.538

-0.90%

USD

NEAR (NEAR) Live Price Chart

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

The post Disney Pockets $2.2 Billion For Filming Outside America appeared on BitcoinEthereumNews.com. Disney has made $2.2 billion from filming productions like ‘Avengers: Endgame’ in the U.K. ©Marvel Studios 2018 Disney has been handed $2.2 billion by the government of the United Kingdom over the past 15 years in return for filming movies and streaming shows in the country according to analysis of more than 400 company filings Disney is believed to be the biggest single beneficiary of the Audio-Visual Expenditure Credit (AVEC) in the U.K. which gives studios a cash reimbursement of up to 25.5% of the money they spend there. The generous fiscal incentives have attracted all of the major Hollywood studios to the U.K. and the country has reeled in the returns from it. Data from the British Film Institute (BFI) shows that foreign studios contributed around 87% of the $2.2 billion (£1.6 billion) spent on making films in the U.K. last year. It is a 7.6% increase on the sum spent in 2019 and is in stark contrast to the picture in the United States. According to permit issuing office FilmLA, the number of on-location shooting days in Los Angeles fell 35.7% from 2019 to 2024 making it the second-least productive year since 1995 aside from 2020 when it was the height of the pandemic. The outlook hasn’t improved since then with FilmLA’s latest data showing that between April and June this year there was a 6.2% drop in shooting days on the same period a year ago. It followed a 22.4% decline in the first quarter with FilmLA noting that “each drop reflected the impact of global production cutbacks and California’s ongoing loss of work to rival territories.” The one-two punch of the pandemic followed by the 2023 SAG-AFTRA strikes put Hollywood on the ropes just as the U.K. began drafting a plan to improve its fiscal incentives…

BitcoinEthereumNews

2025/09/18 07:20

$Zhao Changpeng, speaking at Davos, stated that the fractional-reserve requirement system is the root cause of the banking liquidity crisis, and that demand from real-economy banks will sharply decline$