NEAR Protocol Approaches $3 – Is a Run to $4 on the Horizon?
NEAR Protocol’s steady climb toward the $3 threshold has reignited market interest, with traders eyeing the possibility of a push toward $4 in the coming weeks. Recent price action and strengthening technical indicators suggest the project could be gaining the momentum needed for a more sustained rally. This analysis breaks down the key resistance levels, support zones, and market signals shaping NEAR’s near-term outlook.
NEAR Protocol Shows Positive Movement with Room for Growth
The NEAR Protocol (NEAR) has been moving between $2.47 and $2.95 recently. It has seen a weekly price change of over 18%, which suggests some upward momentum. The nearest resistance level is $3.15, with a more distant one at $3.63. Breaking through these could mean additional growth of about 25%. The support levels are at $2.19 and $1.71, providing some cushion. Its 10-day average is slightly above the current price, signaling potential for upward movement. However, the 100-day average suggests stabilization in the longer term. While it still struggles to recover from a six-month dip of nearly 17%, recent numbers hint at a promising upside.
Conclusion
With solid weekly gains, well-defined resistance targets, and growing investor attention, NEAR Protocol appears poised for potential upside if current momentum holds. Clearing $3.15 could set the stage for a run toward $3.63 and beyond, while strong support at $2.19 offers a buffer against downside risk. If bullish sentiment continues to build, NEAR could be on track for a meaningful breakout that brings the $4 target within reach.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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