NEAR Price Approaching Breakout: What to Expect Next

Wednesday, 15 May 2024, 15:01

NEAR's price is on the verge of breaking out from an ascending triangle pattern, indicating a potential 30% rally. The surge in open interest and positive funding rate point towards a bullish momentum for NEAR. Combined with RSI signals and price analysis, there is a strong indication of an upcoming rise in NEAR's price.
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NEAR Price Approaching Breakout: What to Expect Next

NEAR Price Prediction: Ascending Triangle Pattern Signals 30% Rally

Inflows Into Near Protocol Rise

NEAR's price is seeing bullish cues as traders anticipate a potential rise. A surge in open interest and positive funding rate support the price rise.

Near Price Prediction: A Breakout Ahead?

NEAR is currently trading within an ascending triangle pattern, with a breakout above the resistance level indicating a potential 30% rally.

If the conditions persist, NEAR could reach $9.9, but a breakdown would invalidate the bullish thesis.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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