NEAR Protocol $NEAR Is About To Hit a MAJOR Resistance!

Añadido: 2026-05-26

[00:00:00]What's going on everyone? We have to talk about Near Protocol. As you guys can see, we have Near Protocol at $267 right now and it's up pretty much 7% in the last 24 hours and 75% in the last 7 days. And inside of my previous Near Protocol video, I don't like saying I told you so, but I told you so. And this video was titled Near Protocol could pump higher if this happens. And pretty much what I was talking about is if this happens, if it gets past the 50-day moving average, which is that red line that you see right there, that 50-day moving average on the weekly chart. If it gets past it, then it will continue to be bullish and push higher. And that's exactly what we did right here inside of Near Protocol. So, that's super bullish. I'm glad I made that call. I hope people made money on it. It went from $1.95 when I made the video all the way up to where it's at now at $2.65. 65 and I want to talk about where it's going next. Remember, I'm not a financial adviser. None of this is financial advice, but let's get straight into this, guys. So, like I said, you know, it did exactly what we wanted it to do. And I'm just going to say it flat out right now. The next area is $3 for us. The next area is $3. Technically $38, but in that $3 range. $3 and $38, you know, in that low low $3 range, right? So, that's what we're looking for here with um Near Protocol. And as you guys can see, the reason why all of this happened is because we broke out of this falling wedge. And as we all know, falling wedges are bullish patterns. So, when we broke out of that falling wedge, that sent us into a buying frenzy and it just started to go crazy after that. The first thing that we did, and I'm going to cover all the charts, the weekly chart, the daily chart, the 4our chart, the 1 hour chart. We're going to cover all of that, but as you can see here on the weekly chart, the first thing it did when it broke out of this falling wedge was tested that uh 200 day moving average, which is the white line, and it immediately blew past it and then immediately blew past the 50-day moving average. So, this shows that this is a real move inside of Near Protocol. Every candlestick represents one week, right?

[00:02:14]It represents seven days. So, this one uh candlestick here, this was a 7-day move, right? This was a 7-day move going from uh $1.50 all the way up to $2.30.

[00:02:26]That was a whole 7-day move right there.

[00:02:28]And then it continued to go even higher.

[00:02:30]And that's what it's doing now. So, it'll continue to go higher until that next weekend day, right? And that next weekend day, we can probably bet that we're going to um you know, we can probably bet it's going to be a even higher, right? So, I think that we should be seeing another push here all the way up to about $310 because we are starting a new week now.

[00:02:52]So, I think that we're going to push out to $310 soon here on Near Protocol. So, not only that, um on the weekly chart, if you also look, I talk about this all the time, the percent trending exhaustion. When you see the white line, which is the short-term trend, far exceeding the blue line, which is the long-term trend, you're going to see that short-term trend pull back down to that long-term trend. And that's exactly what's happening right now. So, I'm not discrediting the pump, but I am saying we're going to get a pretty big pullback because of this. And now, if you look over here, the same exact thing happened here. When you have that short-term trend far exceeding the long-term trend, short-term trend has to come out come back. We seen the same thing here, but then um they started to go out together a little bit after that. We also seen the same thing here. And if you come back and you look at all three of these areas on the weekly chart and look at what happened, you're going to see something uh very very surprising. Not even surprising, but interesting. So, we see this going from $320 all the way down here to 80 off of that move that I was mentioning that we're building up right now. All right. And then if you come back here and you look at this now both the long-term trend and short-term trend were going up at the same time, right? But then you had that pullback because the short-term trend pulled back to catch back up to that long-term trend. So it pulls back here, right? But then we keep going because the long-term trend continues upward. So that in this case, if that happened again right here, then you would see this slowly grinding up. It would be a slow grind up. But that's really not what we're seeing. We're seeing the massive push right here. So, after we have that pullback, are we going to do what we did here, pull back and then continue to go up, or are we going to do what we did here and pull back and just completely dump? So, those are literally the only two options, right? We either push up here, we pull back, and we just completely dump hard off of $3, or we push up here, small pullback, and then have a continuation up to $5.30. 30 cents because that's the next Fibonacci uh resistance that we're looking at here. So, those are the options right now that we have for near protocol.

[00:05:04]Right? And I'm going to keep you guys updated on that. But I also want to show some other things also. Another reason why we broke out with such a hard break or a huge breakout was that if you look at the divergence here, you can actually see that we built bullish divergence. We were having lower lows on the chart while simultaneously having higher lows on the MACD. And I always talk about this. Look, higher lows on the MACD. 1 2 3. That was the final higher low there.

[00:05:28]And now you're seeing that buying pressure just breaking out because we completed our bullish divergence. And as you can see here, lower lows on the chart. So, we literally just created our Yeah, we just created that bullish divergence and now we're pushing up still pushing up to $310 or $38. So, I'll keep you guys um updated on that.

[00:05:48]And then we can also look at our daily chart here. So on the daily chart, it shows us a little bit different info here. It's showing that we are completely overbought here on the percent trend exhaustion, but remember it can stay overbought for an extended period of time. Typically when near protocol though, we're seeing that it always gets to the overbought region and then it just dumps from there. This was the only extended um the extended buying period right here. Um the extended overbought period, but all of the other ones, they just got overbought and then they sold off, right? And uh it happened every single time a year. So let's see if it happens again. Let's see if we push the $38 and just sell off into oblivion, right? Because that would uh coincide with Bitcoin because we are looking at Bitcoin. We're like, "Hey, Bitcoin's probably going to be uh bearish here and probably going to get rejected like it's doing." So we also got to see if Bitcoin is going to continue down because if Bitcoin continues down, that can drag everything down with it. And Bitcoin just completed its bearish divergence. And for Bitcoin, bearish divergence as higher highs on the chart, lower highs on the MACD and it just completed that. So in technical terms, we should see a continued selloff for Bitcoin if we're being completely technical here, right? And if that happens, we got to keep an eye out for stuff like near protocol because then we can start to see that selloff start to come in as well. But yeah, huge buying pressure here. This is the daily chart from the MACD showing lots of buying pressure. We'll see whenever we start to get some selling pressure in. But if you look at it, we've been building bullish divergence all along. We've been building bullish divergence this whole time. And we were literally is it was inevitable for a takeoff inside of all of the time frames here. So that's what we're seeing here for that. And again, I I'll keep you guys updated. See what will happen after that. But yeah, now moving on to the from the 4 hour uh well actually from the one from the daily chart to the 4our chart. You can see here we're still pushing and we're pushing and we're pushing, but it does look like it's um slowing down just a little bit. So, we're gonna uh go ahead and do it like this. So, this is a rising wedge right here. Um this is a rising wedge, but I'm not saying it's going to be bearish and just dump here.

[00:08:00]I actually do think that it might continue to push harder even past this rising wedge and get to $38. So, there's a possibility that that happens, but we are completely overbought on the 4hour chart. You know, it's it's been staying overbought for a good period of time, but it can't stay overbought forever.

[00:08:17]So, we're completely overbought on the 4hour chart and last time it was overbought for a pretty long period of time as well. So, that actually could be a good thing with New York Protocol. And then if you also look at the MACD, you can see here that we're also kind of in the process of creating bearish divergence. And this is going to be that next buying period which will probably stop around here. Which is why I think that we might get a little bit more buying pressure. But you can see how it's getting weaker here. And that's why I'm saying you got to be extremely careful at these levels. It looks like we want to push up to $3. But if we get rejected at this rising wedge, how are we going to push up to $3? Right? So if we get rejected, we're looking for this 50-day moving average on the 4hour chart. And right now it's set at about $1.91.

[00:09:04]So that's what we're looking at. And we're also in the process of building um bearish divergence, which is higher highs on the chart while simultaneously having lower highs on the MACD. And when you look at it here, obviously, you know, we're having higher highs on the chart. And then if you look at the MACD, obviously it's also showing lower highs now on the MACD, right? So we should see a little bit more buying pressure.

[00:09:28]Hopefully we can push past this rising wedge on the 4 hour and get to $3. Um, I'll keep you guys updated on that one as well. And then we look at the hourly chart. The hourly chart is interesting.

[00:09:40]We just bounced off the 50-day moving average on the hourly and we just kept uh going upwards percent. Our trending exhaustion completely overbought, but it's staying overbought even when the short-term trend is breaking down. It's coming right back up and the and the long-term trend is staying overbought on the percent trend exhaustion. So, that's actually a super bullish signal. showing that um we're staying overextended to the upside. So, that's always a good thing here. And it also seems that we're still doing the same thing with building that uh bearish divergence. And remember, bearish divergence is technically bullish, right? While bearish divergence is happening, it's bullish because you're getting higher highs on the charts and those lower highs on the MACD. So, it's literally setting up for the bearish drop. And that's why I'm saying we're going to have a drop. The real question is when do we have a huge drop now? Do we get to $3, have a small pullback and continue?

[00:10:35]Or do we get to $3 and just keep pumping hard from there? But yeah, right now we're in this rising wedge. So, this is really all we have to worry about.

[00:10:43]Rising wedges are bearish. So, we have to hope that this level that it's at right now that it can just push past it.

[00:10:50]And when you look at the percent trend exhaustion, you know, the long-term trends overbought, short-term trends coming up here to that overbought region. So, I'm expecting to see a pullback coming soon on Near Protocol.

[00:11:02]And then when you also look at this, yeah, we're definitely going to get some selling pressure soon. And you can see that that buying pressure is waning down. We're starting to see that buying pressure is becoming less and less here.

[00:11:13]And this is exactly how bearish divergence works. You get those higher highs on the MACD. I mean, you get those higher highs on the chart while simultaneously getting the lower highs on the MACD. That's exactly how bearish divergence works. So, we got to just let this thing pull back. Uh, let it keep printing higher highs and lower highs on the MACD and then we'll get that pullback. But, uh, right now, you know, you just got to wait and you just got to be patient. So, we might get another pullback here. Uh, kind of trick people around here, possibly breaking down from here or pumping hard all the way up to $3. And that's where we're looking at right now. So, yeah, this is all I got for you guys today for the technicals. I want to go over some other stuff. Uh, Near Protocol is ranked number two for all of crypto on Coin Gecko. So, that's pretty big actually. And I want to go over some user sentiment and what all the people are talking about. So, this person here, whale factor, is saying whale watch near is breaking out aggressively after clearing its long-term downtrend line. On the upside, a massive extension is playing out with highs, as they said, eyes, but with eyes on the major resistance level at $318.

[00:12:25]So, like I was saying, it's near $3.

[00:12:27]$318, $38, all the same thing. That is the region that you want to be watching out for and paying attention to. And I don't think that I told you guys exactly why I chose that area and why everybody else is looking at that area as the chosen resistance area as well. So if you look at this, what do you see?

[00:12:46]Resistance one, we hit it there.

[00:12:48]Resistance two, we hit it there.

[00:12:49]Resistance three, we hit it there.

[00:12:50]Resistance four, we hit it there. Use it as support. Support one, use it as support here. Support two. Uh kind of there, but I'm not going to include it because it didn't necessarily stop there. Uh and then we can see support three here. And yeah, we have three support areas and about uh four resistance areas for that level. So, if we hit that as a support three times and resistance as four, that means it's probably going to be the same level that we're about to hit now. We're going to use that as resistance now going up to $38. So, you have to be very, very cautious on that. So, yeah, whale factor is definitely correct there. Now, this person, Mark the Ape, says the hype on near is getting crazy right now, and maybe it still goes higher, but I'll say it again. I'm always selling this type of candle. Doesn't matter how good the project is, when price starts going vertical and CT suddenly becomes a believer overnight. I start thinking distribution, not conviction. I'd rather miss the last 10% than hold the candle everyone screenshots before it dumps.

[00:13:51]The narrative is strong. The price is emotional. That's usually where things get interesting. And I would say I'd have to I'd have to agree with that.

[00:13:59]like at these levels, like if you weren't buying all the way back here, then I wouldn't be thinking about buying now because we're we're about to near a huge resistance area. Like the time for you to buy is after it hits the resistance and then pulls back massively to the 50-day. And then you can think about it, but that's still buying at a high price compared to what it just came from. It literally just came from being 90. So I I can't justify buying at $2.60 60 cents when it was literally just at 90 cents a couple weeks ago, right? Last month it was just at 90 cents. So, uh this this is just how I'm looking at it.

[00:14:36]I'm not going to I don't like over buying and overpaying for things. That's just how I look at it. Now, the next person here, Star Platinum says, "We are in a bare market, but almost every token pumping right now has one thing in common, and that is AI." So they're talking about VVV private AI interface Zcash privacy plus AI narrative plus quantum resistance near AI infrastructure hype benefiting from AI speculation through liquid per trading and rail one of the few privacy projects. So they're saying everything has AI um AI tied to it. So this is this is kind of interesting. Let me know what you guys think about this narrative. Is it just because they're AI coins or is just this this just a mini altcoin season? And that's how I see it. This is a mini altcoin season, right? Is it's a mini altcoin season during a bare market. That's literally how I see it. I don't see it any differently than that.

[00:15:28]Um and yeah, we still have Coin Gecko also promoting them as well. So, that's pretty cool. But yeah, the crypto fear greed index, like I said, is is not too bad right now. We're at a 41, which is neutral. We were just at fear and now we're at a neutral. So, people are getting slightly more greedy and we're starting to see the little miniature altcoin season popping off. We're seeing Near Protocol um going up. We're seeing hype going up. We're seeing Zcash going up. We're seeing random coins coming out of nowhere. We're seeing Penguins doing well. Uh I don't even know what the solstice coin is, but it's going up right. We're seeing random coins doing good. So, that's usually a signal that we're in a miniature altcoin season. So, that's how I see it. But yeah, this is all I got for you guys today. I'll keep you guys updated. Remember, I'm not a financial adviser. None of this is financial advice. Go ahead and hit the like button and subscribe. Uh go ahead and become a member of the channel. It's only $9.99 per month and you can have me go over any crypto project, any stock, as long as it's not a low cap scam coin.

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