NEAR Eyes New Yearly Highs Amid Slight Pullback Prediction

NEAR is following in ZEC's footsteps as it approaches new yearly highs. According to Michaël van de Poppe, a slight pullback before bullish continuation toward an even higher price point can be expected.

The current price of NEAR sits at $2.35 within the Bollinger Bands on the 4h chart, with EMA50 and EMA200 providing layered support beneath the MACD golden cross at 0.11. While the RSI at 61.79 leaves room for further extension, the upper band at $2.53 is capping the move.

Traders tracking NEAR's price prediction are monitoring its technical patterns closely, and according to van de Poppe, as long as the price holds above the lower band at $1.96, the structure remains intact.