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Near Protocol (NEAR): $9 is on the table for altcoins!
On April 25, NEAR closed above the descending channel pattern, marking the end of the bearish trend. However, the bears have not given up and are selling near the nearest resistance at $7.70. If the price returns to the channel, this will indicate that the breakout could be a bull trap. This, in turn, is likely to bring the altcoin price down to $5.90. Instead, if the price rises above $7.70, it will indicate that the bulls are taking charge. It is possible that NEAR will then try to rise to $9. However, it is likely that the bears will put up a strong defense.
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