NEAR Protocol New All-Time High & Targets (PP: 1,108% Minimum)

昨天

Here we have the same signal we just looked at in another publication, a break and close daily above EMA55 & EMA89. The bullish bias is confirmed.

The blue dotted line stands for EMA89 while the magenta one is EMA55. Once the action moves above daily, mid- to long-term growth is confirmed. Mid-term bullish above EMA55 and long-term bullish above EMA89. Near Protocol is bullish now.

NEARUSDT Technical analysis

On the main chart above we can see a peak March 2024 and a lower high in December of the same year. This means very strong, prolonged bearish action. After a strong bearish cycle comes a strong bullish cycle, the market tends to fluctuate, always fluctuating between bear and bull.

When the market is down, no need to worry because it will eventually grow.
When the market is up for a long while, watch out because a correction can develop anytime out of nowhere.

The cycles repeat over and over, again and again; forever, just like night and day. Winter, summer, spring and fall, the seasons. Everything in nature is cyclical, the market is no exception. We can use this information to our advantage, we know for certain that we are now entering a major growth phase because of the cyclical nature of the market.

The next high will be a major high compared to March 2024, and possibly a new all-time high compared to April 2022 which is the highest level on this chart. If you want to see bigger projections, go to my profile and search for NEARUSDT. You will find there everything you need.

NEAR Protocol new all-time high & targets

The first target is $12 for 368% profits potential. I don't count $5.77 because that is one of the easy targets. It is a shame to sell too early when prices are going really high-up. The $12 target would be the highest price in more than 3 years, since May 2022. This is the first higher high but not the end, the market is very likely to move higher, much higher.

The next target $18.6 for 615% profits potential. This is a good target to start. We then have $25 and $31 for a maximum of 1,108%. We should hit all of these targets within the next 6 months (6-8 months to be safe).

Patience is key. Buy and hold.
Thanks a lot for your continued support.

Namaste.

昨天

註釋

The weekly timeframe looks so much better: