Is A Rally To $10 Imminent For Near Protocol (NEAR)?
Author: Content Editor
The Near Protocol's price action chart experienced significant movements as the NEAR/USDT pair broke through and retested a major trendline, reinforcing bullish sentiments among traders. The chart also showed a notable support-turned-resistance flip at the $5.10 mark, solidifying it as a new support level. A golden crossover occurred, indicating the potential for substantial price increases and growing confidence in NEAR's performance. Analysts predict that NEAR could continue its impressive performance and reach new highs, potentially testing the $16 resistance level. Grayscale Decentralized AI Fund has shown confidence in NEAR by allocating a substantial portion of its portfolio to the cryptocurrency, indicating its strength within the blockchain AI sector. Grayscale's diverse allocations across various blockchain platforms suggest a strategic investment pattern to enhance AI capabilities.