NEAR Protocol may be preparing for one of its largest breakouts in a long period of time. After spending months in a slow grind between support and resistance, the charts are finally turning bullish, and some analysts are calling for a massive move ahead.
The NEAR Price Bounces Back From Strong Support
Popular trader Crypto Patel says NEAR looks “ready for a massive breakout,” pointing to a strong rebound from the $2.50-$1.90 zone that has acted as long-term support.
Patel highlighted that the structure has now turned bullish, and all eyes are on the $5 resistance. If the NEAR price can break above that, he believes it could kick off a new leg higher with price targets at $7.7, $16.7, $30, and even $50 down the line.
Patel’s chart shows how NEAR has been coiling inside a multi-year triangle since 2021, building energy with every swing.
Now, with the NEAR price finally breaking upward, the setup looks primed for continuation, as long as it stays above the key support zone. The invalidation point, he notes, is below $1.50, which gives the move a clear risk level.
NEAR Short-Term Chart Confirms Breakout Momentum
Another trader, Kamran Asghar, also believes the breakout is already underway. In his latest chart, the NEAR price surged from around $2 to $2.83, jumping more than 35% in a single day. That move pushed price right up to a descending trendline that’s been capping rallies for months.
If NEAR closes above $3, Asghar says the breakout will be fully confirmed, and momentum could turn parabolic from there.
The daily candles show increasing volume, steady RSI growth, and a clear upward structure that’s now testing the edge of a trend reversal. In short, NEAR looks like a coin that just woke up from a long sleep.
Where Could NEAR Go Next?
If the NEAR price can hold above $3–$3.50, the next stop is obvious, which is $5. That’s the level bulls have been targeting since summer, and it’s also the gateway to Patel’s higher targets.
A clean flip of that zone could send NEAR on a fast climb to $7.7 and beyond, potentially igniting one of the biggest rallies among layer-1 tokens this quarter.
Even if it faces a short-term rejection, as long as the NEAR price stays above $2, the chart remains constructive. Buyers seem to be back in control, and volume is confirming that.
After months of sideways action, NEAR is showing the first real signs of strength: a strong rebound, rising momentum, and clear bullish structure.
With two respected traders calling for a breakout and the technicals lining up, all NEAR needs now is a push above $5 to confirm the start of its next major rally.
Market Insights and Analysis
This crypto trader predicts where NEAR Protocol (NEAR) price could go next.