Near Protocol Chart Shows Potential for Explosive Growth, Could Mirror 2021 Breakout

After a tumultuous Black Monday triggered by Trump’s tariffs, the cryptocurrency market is showing signs of renewed life. Bitcoin (BTC) and Ethereum (ETH) are experiencing growth exceeding 3%, with confidence slowly returning to the altcoin space. NEAR Protocol (NEAR), despite its current 58% decline from recent highs over the past 90 days, displays a bullish signal on its charts, reminiscent of its 2021 rally. [Source: Coinmarketcap]**. This chart pattern is particularly striking, mirroring its past bull run with three descending peaks followed by a deep correction before finally bottoming out in a green support zone as seen on the left side of the chart. This setup indicated a potential capitulation point – right before a parabolic breakout that propelled NEAR from under $2 to nearly $12, a rally of over 400%. [Source: Tradingview]**. Today, we see the same structure in NEAR, with its recent price action echoing this past pattern. The right side of the chart shows a carbon copy of this setup, with NEAR printing the exact three-peak pattern followed by a pullback into a similar accumulation range between $1.73 and $2.14 – the same green zone that preceded its 2021 breakout. What are the implications? The projected path? A massive bounce and sustained rally — potentially toward double digits again. Will history repeat itself in the cryptocurrency space? While no one can predict the future with certainty, the similarities between NEAR’s current chart and its 2021 setup are hard to ignore. If this trend holds true, the next leg up could be explosive – possibly pushing NEAR back towards a double-digit rally in the coming months. **Disclaimer:** This article provides general information about cryptocurrencies, not financial advice. Always conduct your own research before making any investment decisions.** Also Read: Hyperliquid (HYPE) Mirrors Key Fractal Pattern – Is a Bullish Rally on Horizon?