The post NEAR Enters Major Bullish Phase, Analysts Predict 1,100% Surge appeared on BitcoinEthereumNews.com.

NEAR Protocol is entering a major bullish phase after a prolonged bearish cycle. The market’s cyclical nature signals a strong upside trend forming for NEAR Protocol in the coming months. If you thought NEAR Protocol had run out of steam after its early 2024 rally, you might want to think again. A well-respected technical analyst in the crypto community, Master Ananda, recently charted NEAR’s major direction—and his predictions are quite surprising. The immediate target of $12 is still considered a “warm-up,” as he believes the main target could reach $31 in less than eight months. Yes, the potential profit could reach 1,108%. Crazy? Maybe. But let’s dissect why this analyst is so optimistic. Source: Master Ananda on TradingView From the main chart he used, we can see that NEAR’s last peak occurred in March 2024, followed by a “lower high” in December. This indicates a prolonged downward pressure, but it also paves the way for the next upward phase. Ananda believes that the crypto market is highly cyclical. And judging by the recurring patterns of bullish and bearish prices, he believes we are at the beginning of a major growth phase. Like the seasons, now is the time for “spring”—and the market is starting to bloom again. Highest Target Since 2022 and Medium-Term Optimism Furthermore, Ananda emphasized that this increase could be more than just a simple bounce. The $12 target, if reached, would be NEAR’s highest price in three years, specifically since May 2022. However, he cautioned that selling too quickly at this point could be a decision many regret. That’s just the starting point. The next target is set at $18.6, continuing to rise to $25, peaking at US$31. If all goes according to the cycle and rhythm, he estimates these levels could be reached in the next…

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Filed under: News - @ July 12, 2025 9:23 am