Data: NEAR Protocol rises 7% intraday, breaking through key resistance level​

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According to ChainCatcher, citing CoinDesk, the NEAR Protocol price rose 6.7% within 24 hours, increasing from $2.55 to $2.66, with trading volume surging to 143,188 units. Technical analysis shows that the token has broken through the $2.51 support level and formed a new support area between $2.62-$2.64, with the next target set at $2.70-$2.72.

This rise occurred against the backdrop of Bitcoin reaching a historic high of $123,000, with market expectations for the "Altcoin season" heating up. However, NEAR's current price remains far below its historical peak of $9 in 2024.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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