The crypto token NEAR Protocol has experienced a surge in price over the past week, with a 41.23% increase. In the last 24 hours, NEAR has climbed an additional 12.78%, indicating the potential for further growth. The current challenge for NEAR is breaking through the $6.406 resistance level, which could slow its progress due to selling pressure. However, if NEAR can break through this resistance, it could see a 33% rise and reach $8.520. Technical indicators suggest that NEAR's upward trend is supported, with bullish momentum building and strong buyer dominance. Development activity around NEAR Protocol is also increasing, which could contribute to price growth. Market conditions are favorable, with rising open interest and a long-to-short ratio favoring the bulls. Overall, NEAR has a strong chance of continued growth if it can overcome the $6.406 obstacle.



Other News from Today