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NEARUSD Ahead of another bullish breakout.NEAR Protocol may be overbought on the 1W timeframe (RSI = 80.848, MACD = 0.649, ADX = 57.589) but as it closed three weeks ago a 1W candle over the 1W MA100 for the first time ever, it is approaching the R1 level (6.13750). If broken, we expect the continuation of the rally and our target will be on the completion of a +1,305% rise (TP = 12.55000). The reason is that twice in its short history, NEAR has had this king of rally. Then upon a short-term correction, we expec the All Time High to get tested (TP = 20.000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:NEARUSDLong
by InvestingScope
✴️ NEAR Protocol | Four Weeks Green! ($56.88 ATH Potential)NEAR Protocol (NEARUSDT) can be seen growing and closing green four weeks straight, which is confirmed bullish action. We know the bear-market because it was painful; it was 2022. We know the consolidation phase because it was mute; it was 2023. We are yet to experience it but are in the process of a full blown bull-market and that's 2024 and 2025. Late 2023 was the start of this bull-market, the recovery phase or "recovery year." ➖ In terms of growth, 2024 will be similar to 2020. ➖ In terms of price action, 2025 will be similar to 2021. ➖ In 2020 we saw massive growth but no new All-Time Highs. ➖ In 2024 we will see massive growth but no new All-Time Highs (with some exceptions). ➖ In 2021 we saw new All-Time Highs all-across. ➖ In 2025 we will see new All-Time Highs all-across. That's what I mean when I say that 2025 will be like 2021. 👉 NEAR is set to hit $9.3 followed by $14.6. This is still easy. 👉 We can see new highs in late 2024 and a new All-Time High 2025 that can hit maybe even $56... Prepare for massive growth. Namaste.
CRYPTO:NEARUSDLong
by AlanSantana
2
NEAR pushingNEAR pushing hard back to the momentum trend line after a lengthy washout. That candle is extremely bullish and a clear pivot point, note the stochastic reversal as well. I have bought small amounts of NEAR over the last two years and plan on holding this long-term staked, I am farming Aurora tokens with my staked Near for transparency. I would love to see multiple days above this teal line and then a test for 4.4 in the coming ten days to confirm a momentum run here.
BINANCE:NEARUSDLong
by Apollo_21mil
Near is prioritizing technology over profitNEAR appears to be undergoing a corrective phase after experiencing a significant surge from $1 in October to $4.49 in late December 2023 – an impressive upward movement within just three months. A correction is not only expected but quite fitting. There's a possibility it may dip to $2.5 before making its way back up toward its previous all-time high (ATH), potentially resulting in an eightfold price increase. Technologically, NEAR may not offer much possibilities for existing big tech companies, but its focus on supporting an open web with an aversion to aggressive monetization aligns with an admirable philosophy. NEAR emphasizes leveraging blockchain layers for innovative applications, prioritizing technology over profit. This idealistic approach challenges the conventional emphasis on monetary gains, suggesting a need for more companies with idealistic goals in technology development, as opposed to large multinational corporations.
BINANCE:NEARUSD
by Trado33
2
NEAR | Converging VWAPS and Trendline | A Big Move Coming?BINANCE:NEARUSDT BINANCE:NEARUSD Hit the rocket! ---------------------------------------------------------------------------------------------------------------------------------------------------->>>>>>>> The oversold line (green) from the most recent high is converging with the overbought line (red) of the most recent relevant low. This also coincides with the trend line which coincides with the psychological price of $3 so expect the bulls and bears to fight a bit around $3 with the bulls eventually winning. Crypto is volitile and easily manipulated. Caveat emptor. Playing with colored lines on a chart is Not Financial Advice .
BINANCE:NEARUSDLong
by tradepsych
Near fights for supportNEAR after breaking out of the key monthly resistance has been riding the trend line down which is fine. I believe this is a false breakout and we need a lot more bullish posturing to push the price up here. I added a blue line of contraction and support, this could be one of the wedges I like to trade considering the candle bodies keep starting at the same price point. I added a rectangle to highlight the contraction of price. These types of setups like to explode upward from my experience, hopefully we can get off this trend line and hold > 3.75
BINANCE:NEARUSDLong
by Apollo_21mil
NEAR Price Trend Shows Impressive Recovery, Eyes $5!Impressive Weekly Surge: NEAR showcases a 55% increase this week, indicating a robust bullish reversal. Approaching Key Milestone: The NEAR price is testing the crucial $4 mark. Potential for Further Gains: A successful breach of $4 could propel NEAR towards the $5 threshold. Staggering Year-to-Date Growth: NEAR's year-to-date growth stands at an astonishing 185%. Three-Month Rally: A 212% return over the last quarter highlights NEAR's strong market performance. Rising Trading Volume: Increasing intraday volumes suggest growing investor interest in NEAR. Technical Indicators Align: Both Bollinger Bands and RSI indicate a sustained and strong bullish trend. Daily Chart Momentum: NEAR forms multiple bullish engulfing candles, though a short-term pullback is noted. Market Recovery Impact: NEAR's price movement aligns with the broader market recovery, attracting more investors. Near-Term Resistance: A current minor reversal places NEAR at $3.55, with immediate resistance at $3.86.
BINANCE:NEARUSDLong
by Coinpedia-Market-Insight
NEARUSD This rally is far from over. +1300% rise on sight.Near Protocol (NEARUSD) is posting the strongest 1W candle since the previous Bull Cycle and has turned the 1W MA50 (blue trend-line) into Support. The 1W RSI is already overbought approaching the 80.00 level but there is still much room for this rally to grow long-term. Historically, NEAR has seen two major multi-month rallies within the +1300% +1350% range. Measuring from the October Low, a new +1300% rise would push the price all the way to the top of the dominant Channel Down pattern. As a result, this is still a solid (even better confirmed) level to enter for the long-term and target 12.000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:NEARUSDLong
by TradingShot
1
NEAR's 115% Rally Sparks Bullish Excitement, Eyes $3115% Rally in Recent Weeks: NEAR token showcases an impressive 115% rally, highlighting strong bullish momentum. Exceeding 50-Week EMA: The price trend surpasses the 50-week EMA, indicating a new breakout rally. 12% Jump in Two Days: NEAR token makes a significant 12% jump in just two days. Potential Breakout to $3: If NEAR surpasses the $2.28 mark, it could potentially reach $3. Rising Demand and Trading Volume: A substantial increase in trading volume and demand for NEAR token has been noted. Bullish Market Recovery: The overall market recovery, along with Bitcoin's performance, is positively impacting NEAR's price. Rounding Reversal Pattern: A potential rounding reversal forming with a neckline at $2.71 is observed. Fibonacci Retracement Levels: NEAR price surpasses the 78.60% Fibonacci level, aiming for $2.93 or the 61.80% level. Strong Uptrend in Daily Chart: Multiple bullish candles in the daily chart reinforce the uptrend. Technical Indicators - EMA and RSI: The golden crossover in EMAs and weekly RSI spiking towards the overbought zone support the bullish trend. Expectation for 2024: NEAR price shows potential for a strong start to 2024, with a high momentum reversal rally. Risk of Retest at $2.28: A reversal from higher levels might lead to a retest of the $2.28 breakout level.
BINANCE:NEARUSDLong
by Coinpedia-Market-Insight