NEAR: Breaks Upward Toward New High
NEAR at $5.34 breaks upward with bullish EMA50 at $4.71 and MACD golden cross, targeting upper Bollinger resistance at $5.51.
SourceAnalysis
NEAR breaks back upwards and is on its road towards a new high, according to trader @CryptoMichNL.
Price sits at $5.34 inside the Bollinger band with upper resistance at $5.51 and lower support at $4.59. The EMA50 at $4.71 and EMA200 at $3.41 anchor the bullish trend structure while MACD at 0.07 confirms the golden cross. With RSI(14) at 62.43 still neutral, price testing upper Bollinger resistance at $5.51 while momentum holds suggests a healthy retracement to the 50-EMA support at $4.71 before continuation. This setup feeds directly into updated NEAR price prediction models and broader crypto market trends.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast