- Altcoin NEAR inches closer towards the end stage of its correction.
- The current correction phase for NEAR could set a bottom soon.
- Either the asset will surge immediately or fall to the $1.5 price range first before the pump.
The crypto market ignites bullish eagerness among the crypto community today as the price of Bitcoin trades higher in the $64,000 price range. Despite the price of Ethereum (ETH) trading at the $1,800 price range, sentiments for altcoins to surge in the near future remains strong. In particular, altcoin NEAR inches closer towards the end stage of its current correction phase.
Altcoin NEAR Inches Closer Towards the End Stage Its Correction
Among the many bullish altcoin in the market at the moment, NEAR remains one of the most highly anticipated tokens to pull off a bullish rise over the coming months. According to many the asset is nearing the completion of its current correction phase. At the moment, the price of NEAR is trading at $1.61, according to CoinMarketCap analytics. This shows that the asset is slightly lower than it was from yesterday’s high.
As we can see from the post above, this expert and crypto analyst highlights how NEAR is getting towards the end stage of its current correction. From there, the trader expects one of two scenarios to play out. The first is that the correction has ended and NEAR is breaking upwards. In that case, it clearly needs to break through $1.68 and preferably even $1.77.
The second take is that the correction is not over and the NEAR/BTC pair needs to drop another 15%. In this latter case, the expert says that he is willing to be buying a lot of NEAR at the $1.50 price area. This new buy he will hold till the price of NEAR goes on to set new ATH price targets.
NEAR Current Correction Phase Nears End
The reason NEAR has been gaining a lot of attention this year, despite the roaring bear market dips, is the many milestones that the blockchain has set, the major success story being its AI integrated services. It is the success of these upgrades to the blockchain that is expected to send the price of NEAR soaring to new ATH targets in the coming months and years ahead.
As we can see from the post above, this expert highlights how NEAR is trending towards printing a buy signal. The post goes on to highlight the last breakout on May 6, 2026, when NEAR price pumped by 150%. The corresponding Yellow and Blue boxes in the image accompanying the post highlight the 25% Blue and 79% pump possibilities again. Could NEAR pull off a spectacular pump soon?
