NEAR Soars 28% in a Week: Analysts Eye Bullish Targets Up to $50

The altcoin NEAR has seen significant gains in recent days, increasing by almost 30% in just seven days. According to CoinMarketCap analytics, the current price of NEAR is around $2.37, representing a nearly 28% increase over the last week. The asset has also seen a 3% rise in value over the past 24 hours and a 50% surge in the last 30 days.

Reputed analysts are now sharing bullish targets for NEAR, with predictions ranging from $8 to $50. One analyst noted that NEAR is one of the few altcoins currently in an uptrend, having seen a price increase of over 260% from its current bottom. The expert also highlighted that NEAR has been printing Wave 5 of the first 5-wave move up, which could be part of a larger 5-wave move up.

Another analyst praised NEAR for its recent pump, accumulating the asset when it was below $1 and continuing to buy between $0.90-$1.2 and $1.3-$1.6 price ranges. This expert shared bullish pump expectations for NEAR at $8, $17, $30, and $50.