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2025-04-28
07:31
NEAR Price Analysis: Altcoin Cycle Patterns Suggest Potential Reversal After Retest of Previous Lows

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).

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