NEAR Protocol Price Makes Bullish Strides The resurgent crypto market is lifting spirits across the board, with altcoins like NEAR Protocol (NEAR) experiencing a bullish awakening.
NEAR's Price Uptrend:
https://coinpedia.org/price-analysis/bullish-re-awakening-in-near-price-eyes-16/
NEAR has seen a 30% surge in the past month, steadily gaining momentum. This recovery rally has kept the price comfortably above the crucial $6.215 support level. Technical indicators like the bullish RSI and a delayed negative crossover in the MACD further reinforce this positive trend.
Can NEAR Break the $10 Barrier?
The ongoing triangle breakout and positive momentum suggest a strong possibility of NEAR surpassing the $10 mark in the coming days. Optimistic forecasts based on Fibonacci levels even point towards a potential climb to $16.206.
What Could Hinder NEAR's Rise?
A reversal in the overall market sentiment or a price dip below $10 could see NEAR revisit the $6.215 support zone.
The Bottom Line:
NEAR Protocol's price action paints a promising picture. With a supportive market and strong technical indicators, a surge towards $10 appears likely.