NEAR at $2.66 breaks upwards with EMA50 support at $2.36 and MACD golden cross intact as momentum builds toward new highs.

According to Michaël van de Poppe (@CryptoMichNL), historical altcoin cycles typically feature a 'fake' rally, followed by a retest of previous lows before a genuine upward trend begins. NEAR Protocol ($NEAR) is currently exhibiting this pattern by retesting its prior low and gradually moving higher. Traders should monitor NEAR’s price action closely for confirmation of a sustained breakout, as similar cycle behaviors have preceded major altcoin rallies in the past (source: @CryptoMichNL, April 28, 2025).