NEAR Protocol has formed two strong bullish patterns and looks ready to climb, especially with the highly anticipated altseason on the horizon.
🔹 A harmonic structure from the previous cycle remains intact.
🔹 A double bottom formation is now clearly developing.
If NEAR manages to close a daily candle above the $3 level, we could see the price double in the short term.
On the fundamental side, NEAR is preparing for a vote to reduce its inflation rate. If the proposal passes, the circulating supply will decrease, potentially triggering a strong bullish run. As a leading AI-focused project, NEAR could spearhead the next wave of AI-related gains in the market.
(Read here for details):
near.org/blog/all-you-need-to-know-about-the-proposal-to-reduce-nea-rs-inflation-rate
All technical and fundamental signs point upward.
Thanks for reading.
🔹 A harmonic structure from the previous cycle remains intact.
🔹 A double bottom formation is now clearly developing.
If NEAR manages to close a daily candle above the $3 level, we could see the price double in the short term.
On the fundamental side, NEAR is preparing for a vote to reduce its inflation rate. If the proposal passes, the circulating supply will decrease, potentially triggering a strong bullish run. As a leading AI-focused project, NEAR could spearhead the next wave of AI-related gains in the market.
(Read here for details):
near.org/blog/all-you-need-to-know-about-the-proposal-to-reduce-nea-rs-inflation-rate
All technical and fundamental signs point upward.
Thanks for reading.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.