CandleFocus

From $3.50 to $6.83: NEAR Protocol’s 95% Surge Targets $11

The NEAR Protocol token has experienced a 95% surge in price over the last three weeks and is currently trading at around $6.833. The price rally has been fueled by a V-shaped recovery and a breakout from a falling channel rally. The token is currently facing resistance at the 78.60% Fibonacci level and is struggling to sustain dominance above $7.00, which could lead to a minor pullback. However, if the price breaks above the 78.60% level, it could target the $8.29 mark, with further upside price targets at $9.59 and $11.25.

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