Technical analysis by Coindatahouse about Symbol NEAR: Buy recommendation (3/13/2024)

NEAR USDT TO $12Long accumulation phase on daily timeframe that finally broke out. A move like this could have potentially a lot of upside.We saw the same with AVAX a few months ago, albeit on the weekly timeframe. And we played AVAX when it was under $10 to catch that megapump upwards of $40.NEAR could go a lot higher, with $12 just being the first target.Why $12?The previous high on NEAR was sub $20. However, there was a lot less coins in circulation in 2022 when NEAR hit its previous highs. If we take the previous high market cap (12.5b) and use that with the current circulating supply, that takes us right at $12.That's not to say that it can't go higher than $12, but just $12 should be the first target. Which can also see a possibly pullback. If we can get past $12 without any pullback, we could breeze through $15 and previous highs. NEARUSDT NEARUSDT.P NEARUSDT.P NEARUSD NEARUSD NEARUSDT NEARUSDT.P NEARUSDT.P NEARUSDT NEARUSDT.P NEARUSD.P NEARUSD NEARUSDT NEARUSDT.PS NEARUSDT NEARUSD