NEAR Protocol Wave Analysis – 29 October 2026

NEAR Protocol: ⬆️ Buy

– NEAR Protocol reversed from support level 4.340

– Likely to rise to resistance level 5.000

NEAR Protocol cryptocurrency recently reversed up from the support zone between the support level 4.340 (which stopped wave iv at the start of October), the lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse 1 from August.

The upward reversal from this support zone completed the short-term impulse wave (i) and started the active correction (ii) of the C-wave of the ABC correction 2 from the middle of October.

Given the strength of the support level 4.340, NEAR Protocol cryptocurrency can be expected to rise further toward the next round resistance level 5.000 – which has been reversing the price from the end of September.