NEAR Price Surges Over $2, Breaking Key Resistance - Analysts See Potential for Further Gains or Pullback
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NEAR price broke out from descending channel in October, reaching over $2 today for first time since April 2023
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Weekly RSI broke out from bearish divergence, signaling potential bullish trend reversal
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Some analysts predict continuation of uptrend, with next resistance at $2.70, then potential 150% increase to $5.50
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However, rejection at $2.70 could lead to 30% drop to support at $1.50
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Weekly chart shows breakout from 440-day descending resistance, supporting potential for further price increase