NEAR hits a 20-month price high: Why one analyst calls this chart “extraordinary”
- NEAR surged 25% to around $3.60, the highest level since the start of 2025, driven by positive market conditions and the launch of perpetual futures contracts.
- Analysts, including Michael van de Poppe, expect the price to keep rising, with a target of $5, while also pointing out potential resistance zones and recommending that investors consider buying on pullbacks.
- Concerns emerged as NEAR’s Relative Strength Index (RSI) fell into the overbought zone at 82, alongside increasing net inflows into exchanges, suggesting potential selling pressure from investors moving assets out of self-custody.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
- NEAR surged 25% to around $3.60, the highest level since the start of 2025, driven by positive market conditions and the launch of perpetual futures contracts.
- Analysts, including Michael van de Poppe, expect the price to keep rising, with a target of $5, while also pointing out potential resistance zones and recommending that investors consider buying on pullbacks.
- Concerns emerged as NEAR’s Relative Strength Index (RSI) fell into the overbought zone at 82, alongside increasing net inflows into exchanges, suggesting potential selling pressure from investors moving assets out of self-custody.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
