Traders share bullish sentiments over Near Protocol altcoin NEAR. A trader calls the altcoin a beautiful asset to daytrade. Sentiments place the possibility for NEAR to break above $3 in June
As the prices of certain altcoins steal the spotlight amid the falling Bitcoin price, sentiments for these altcoins continue to grow steadily more bullish. In detail, some altcoin prices like NEAR, XLM, and FET have been experiencing a surge in prices, leading analysts to believe that the altseason peak phase is drifting closer. So far, traders share bullish sentiments over Near Protocol altcoin NEAR, calling it a beautiful asset to daytrade.
As we can see from the post above, this analyst goes on to state that NEAR has spent almost two years going nowhere, not because buyers disappeared, but because the market was building energy beneath a level everyone could see. Then, it talks about the recent breakout and how the former ‘New Life’ zone around $9 stopped being resistance and started acting like a launchpad.
Now, the price of NEAR is attacking the last major barrier before the old cycle highs. However, the post goes on to highlight the most interesting part, which is that most of the move happened while attention was focused elsewhere. Finally, the post comes to a conclusion by stating that by the time a chart starts looking obvious, a large part of the journey is usually already behind it.
Meanwhile, another analyst goes on to declare that NEAR is a beautiful asset to daytrade. He highlights how recently the markets are going in a rhythm of up in the first two weeks, followed by a down in the last two weeks. He then states that he thinks the market will start to see the same and that the markets are likely to hit a low during this weekend, just like the previous couple of months.
https://twitter.com/CryptoMichNL/status/2060702012640051568As we can see from the post above, he then goes on to share his trading positions with the NEAR altcoin so far. While he is excited to see the price of NEAR inching closer to higher highs, he expresses being mindful and taking profits where the market allows, such as at the prices just above $3 and $3.2. Ultimately, he hopes to see the price of NEAR reach new ATH targets, where he will ultimately take full profits. Above all, he declares that he will be DCAing into the asset at the start of the new month, June 1, 2026.
