The broader crypto market is trading firmly in the green today (January 14, 2026), with Bitcoin (BTC) and Ethereum (ETH) gaining roughly 3% and 6% over the past 24 hours. Riding this momentum, Near Protocol (NEAR) has climbed nearly 5%, attracting attention in <a href="https://coinsprobe.com/litecoin-ltc-chart-mirrors-monero-xmr-bullish-path-could-a-breakout-be-next/" rel="noopener noreferrer nofollow">altcoins</a>.
<img src="https://academy-public.coinmarketcap.com/optimized-uploads/465e22d8cd3f47a99658fa803652833b.png">Source: Coinmarketcap
This move follows the latest<a href="https://x.com/MaxCrypto/status/2011068277808906333" rel="noopener noreferrer nofollow"> U.S. CPI data release</a> (December 2025, published January 13), which showed inflation holding steady. Headline CPI came in at +2.7% YoY—unchanged from November—while core CPI rose modestly by +2.6% YoY. Monthly readings of +0.3% (headline) and +0.2% (core) aligned closely with expectations, reinforcing a risk-on tone across global markets.
Beyond the macro tailwinds, NEAR’s price chart itself is flashing a compelling technical signal. The daily timeframe is now displaying a classic bullish reversal structure that could set the stage for an upside continuation—especially as NEAR continues to strengthen its fundamentals, <a href="https://x.com/cryptorand/status/2008555309380628951" rel="noopener noreferrer nofollow">ranking </a>as the second most active blockchain of 2025, just behind Solana.
<img src="https://academy-public.coinmarketcap.com/optimized-uploads/34d19cf8ed624d51a72a3d43a5cfc65a.jpeg">Top 10 Active Blockchains/ Source: @cryptorand (X)
<h2 id="inverse-head-and-shoulders-pattern-takes-shape">Inverse Head and Shoulders Pattern Takes Shape</h2>
On the daily chart, NEAR has carved out a well-defined inverse head and shoulders pattern—widely regarded as one of the most reliable bullish reversal formations.
<ul>
 <li>The left shoulder formed in early December near the $1.85–$1.90 region.</li>
 <li>This was followed by a deeper sell-off toward the $1.45 area, forming the head.</li>
 <li>The subsequent pullback found support again near $1.64, completing the right shoulder.</li>
</ul>
<img src="https://academy-public.coinmarketcap.com/optimized-uploads/26f8c5c1beb44c7589b2385164a5dc2b.png">Near Protocol (NEAR)/Coinsprobe (Source: Tradingview)
Since then, NEAR has rebounded steadily, reclaiming the 50-day moving average, which is now acting as dynamic support. Price is currently consolidating just below a key neckline resistance zone between $1.84 and $1.90, highlighted clearly on the chart.
This zone has capped price advances multiple times, making it the critical level traders are watching for confirmation.
<h2 id="what-s-next-for-near">What’s Next for NEAR?</h2>
A decisive daily close above the $1.84–$1.90 neckline, followed by a successful retest, would confirm the inverse head and shoulders breakout. Additional strength would come from reclaiming the 100-day moving average near $1.99, which has acted as overhead resistance during the recent downtrend.
If these conditions are met, the measured move projection from the pattern points toward the $2.36 region, implying a potential upside of roughly 25–30% from the breakout area.
On the downside, failure to clear the neckline could lead to further consolidation, with the right-shoulder support near $1.64 remaining a key level to defend in order to keep the bullish structure intact.
<h3 id="bottom-line">Bottom Line</h3>
NEAR Protocol is at a technically pivotal moment. Supported by improving macro sentiment, strong on-chain activity, and a textbook bullish reversal pattern, the setup favors the bulls—provided buyers can push price decisively above the neckline. A confirmed breakout could mark the beginning of NEAR’s next meaningful leg higher.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Is Near Protocol (NEAR) Preparing for a Breakout? This Bullish Pattern Formation Suggests So!

Table of Contents

CoinsProbe

Other articles published on Jan 14, 2026

Join our free newsletter for daily crypto updates!