{"id":144338,"date":"2026-09-18T14:02:59","date_gmt":"2026-09-18T14:02:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=144338"},"modified":"2026-09-18T14:02:59","modified_gmt":"2026-09-18T14:02:59","slug":"near-hits-highest-price-in-20-months-why-one-analyst-calls-the-chart-phenomenal","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=144338","title":{"rendered":"NEAR Hits Highest Price in 20 Months: Why One Analyst Calls the Chart \u2018Phenomenal\u2019"},"content":{"rendered":"
\n

NEAR exploded 25% in the past day to reach about $3.60, its highest level since the start of 2025.<\/p>\n

Many analysts have praised its strong performance and expect further short-term gains. At the same time, two important indicators suggest a correction is just as plausible.<\/p>\n

\u2018Phenomenal\u2019 and \u2018Fabulous\u2019<\/h2>\n

The broader cryptocurrency market has flashed green today (September 18), and NEAR is among the top performers. However, the sector\u2019s revival isn\u2019t the sole reason for the asset\u2019s rally.<\/p>\n

Several hours ago, NEAR Protocol revealed<\/a> on X that users can now trade perpetual futures by default. Specifically, they can open a position from the account they already use, and no one can trace their actions. The feature is powered by Hyperliquid.<\/p>\n

Michael van de Poppe classified the asset\u2019s price chart following the resurgence as \u201cabsolutely phenomenal.\u201d He suggested<\/a> NEAR is nearing its final point of resistance and said it\u2019s just a matter of time before it reaches $5.\u00a0Shortly after, he used<\/a> another superlative to describe what has happened to the token:<\/p>\n

\n

\u201cNEAR is such a fabulous chart. Probably we\u2019ll be getting near towards a short-term top on this one, and therefore, buying the dip is the game. Next target remains to be $5 for me.\u201d<\/p>\n<\/blockquote>\n

Other market observers who recently chipped in include X users CW and Altcoin Sherpa. The former claimed<\/a> that NEAR has three sell walls up to $4.80, with the first almost broken. The latter said<\/a> they are waiting for a potential dip to $3.20 to enter but think \u201cthis goes decently higher in the future.\u201d<\/p>\n

The Bearish Signals<\/h2>\n

NEAR\u2019s sudden price explosion has pushed its Relative Strength Index (RSI) into overbought territory at 82. This typically indicates the asset may be gearing up for a pullback, while ratios below 30 are often seen as buying opportunities.<\/p>\n

\"NEAR<\/a>
NEAR RSI, Source: RSI Hunter<\/figcaption><\/figure>\n

Another cause for concern is NEAR\u2019s exchange netflow. Over the past few days, inflows have significantly outpaced outflows, suggesting some investors have shifted from self-custody to centralized platforms, increasing immediate selling pressure.<\/p>\n

\"NEAR<\/a>
NEAR Exchange Netflow, Source: CoinGlass<\/figcaption><\/figure>\n

The post NEAR Hits Highest Price in 20 Months: Why One Analyst Calls the Chart \u2018Phenomenal\u2019<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

NEAR exploded 25% in the past day to reach about $3.60, its highest level since the start of 2025. Many analysts have praised its strong performance and expect further short-term gains. At the same time, two important indicators suggest a correction is just as plausible. \u2018Phenomenal\u2019 and \u2018Fabulous\u2019 The broader cryptocurrency market has flashed green […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-144338","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/144338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=144338"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/144338\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=144338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=144338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=144338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}