The cryptocurrency Near Protocol (NEAR) has broken out of a bullish pennant pattern, indicating a strong bullish move. The breakout suggests that buyers are gaining control and NEAR could continue its upward trajectory towards the $10 mark in the coming weeks. If the breakout holds, NEAR's price could potentially reach around $14.5, a 184% increase. The harmonic relative strength index (HARSI) also indicates a consolidation phase that has been broken, but there is potential for a price pullback. Despite a spike in sentiment, NEAR's price has not yet matched its previous highs, but the strong sentiment, along with developments in NEAR's ecosystem, suggest that NEAR's price could rally soon and potentially exceed the $10 mark. This bullish scenario relies on the alignment of technology advancements and community support driving broader market recognition and investment.
- Content Editor ( thecoinrepublic.com )
- 2024-11-15
NEAR Price Breaking Bullish Pennant: Can It Hit $10 ?