Near protocol "nears" the end of a bullish triangle pattern

NEAR protocol is the 22nd most valuable cryptocurrency valued at about $9 billion.

While the entire crypto market has been correcting, NEAR has been correcting too, but with a waveform that suggests a rally is about to resume.

From January 4-9, the correction was an equal wave pattern. These patterns are a clue about the market's future path as they generally are fully retraced. Since this equal wave pattern formed to the downside, then it suggests new highs above $17 aren't too far away.

If this decline is part of a larger triangle pattern, then a brief rally may occur to satsify wave ((d)). Wave ((d)) would need to hold below the wave ((b)) high.

After ((d)) carves, then wave ((e)) will be a brief dip that carries NEAR back to around $14.

From around $14, look for NEAR to rally to new highs above $18.