Dogecoin

bullish

Strong

Read

<p>The price of <a href="https://captainaltcoin.com/near-protocol-near-price-surges-reaches-5-month-resistance-again-will-it-break-out/" target="_blank" rel="noopener noreferrer nofollow">NEAR finally broke out</a> from a descending channel 4 days ago and has been looking strongly bullish since, with various analysts also presenting bullish targets.</p>
<p>NEAR started trading within the descending channel in May. Since then, it has experienced various <a href="https://trustwallet.com/blog/what-are-support-and-resistance-in-crypto#:~:text=A%20support%20level%20may%20present,psychology%20and%20collective%20investor%20sentiment." target="_blank" rel="noopener noreferrer nofollow">resistance and support levels</a> within the channel, with the top of the channel serving as resistance and the base as support.</p>
<p>The breakout signals a possible change of trend and was followed by a retest the following day. Since then, NEAR has been moving up.</p>
<p>So far, the price of Near Protocol’s token has spiked by more than 20% in the last two days as the bullish momentum continues to increase.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/why-is-kaspa-dropping-in-the-top-50-cryptos-kas-price-prediction-2024/" target="_blank" rel="noopener noreferrer nofollow">Why Is Kaspa Dropping in the Top 50 Cryptos? KAS Price Prediction 2024</a></em></strong></p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Celebrate Dogecoin and Make Big Gains with Doge2014!
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://doge2014.io" target="_blank" rel="noopener noreferrer nofollow">Doge2014</a></strong> raises 450K in days celebrating Dogecoin. Make potentially big profits and get in on <strong><a href="https://doge2014.io/en/airdrop" target="_blank" rel="noopener noreferrer nofollow">exclusive airdrop</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="where-is-near-price-headed-next">Where Is NEAR Price Headed Next?</h2>
<p>The question now is: where is <a href="https://captainaltcoin.com/celestia-tia-price-pumps-but-traders-point-to-warning-signals/" target="_blank" rel="noopener noreferrer nofollow">NEAR price</a> going next, and what could be a reasonable target?</p>
<p>Typically, a breakout from such a descending channel could make the price spike toward the top of the channel. In this context, we would have our target at around $8.20.</p>
<p>This price would be a likely target if the bullish momentum continues. However, uptrends are rarely formed by one straight candlestick. Instead, we could see a series of highs and lows as the price reaches key resistances and seeks to retest supports.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/what-happens-to-bitcoin-in-october-when-september-is-green-btc-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">What Happens to Bitcoin in October When September Is ‘Green’? BTC Price Prediction</a></em></strong></p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="480" src="https://captainaltcoin.com/wp-content/uploads/2024/09/image-527-1024x480.png" alt="" class="wp-image-558970" srcset="https://captainaltcoin.com/wp-content/uploads/2024/09/image-527-1024x480.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-527-300x141.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-527-768x360.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-527-1536x720.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-527-2048x960.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-527-320x150.png 320w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-527-100x47.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-527-746x350.png 746w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-527-788x369.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-527.png 1802w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<h2 class="wp-block-heading" id="key-near-price-levels-to-watch">Key NEAR Price Levels to Watch</h2>
<p>In this context, it is necessary to outline some key price targets.</p>
<p>The first key price we will look at is the $5.0 level. This price level was broken yesterday and is currently holding as new support on the daily timeframe. We need this level to continue to hold for the price to maintain its upward push.</p>
<p>In case the $5.00 level of support breaks, we may see the price go back to retest the broken channel again.</p>
<p>Other key levels to watch are $5.70, $6.40, and $7.10. These levels could serve as major resistances for price growth as it moves toward the channel. The inability to break any of these key levels could lead to a retest of the last support.</p>
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank" rel="noopener noreferrer nofollow">Take 2 mins to learn more</a></strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/near-protocol-finally-breaks-out-of-a-strong-resistance-whats-next-for-near-price/" rel="noopener noreferrer nofollow">Near Protocol Finally Breaks Out of a Strong Resistance: What’s Next for NEAR Price?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Near Protocol Finally Breaks Out of a Strong Resistance: What’s Next for NEAR Price?

Table of Contents

CaptainAltcoin

Other articles published on Sep 24, 2024

ChatGPT Predicts Ripple’s XRP And This Ethereum Token Are Ready To Rip

Could This Lesser-Known Crypto Be the Key to 200x Profits?

Critics Challenge Gary Gensler Before Congressional Testimony

Binance Labs’ Recent Investment: What is OpenEden?

3 Altcoins for 100x Passive Income: DOT, BNB, TRX

21.co Integrates Chainlink Proof of Reserve for Enhanced Transparency in Wrapped Bitcoin

Join our free newsletter for daily crypto updates!