$NEAR Protocol Soars 7.3%, Is It Poised To Go Higher?
In the midst of the ongoing crypto bull run, NEAR Protocol (NEAR) is gaining momentum with significant partnerships and advancements, prompting speculation of a potential surge.
NEAR's Performance and Analyst Predictions:
- Crypto analysts note a bullish flag pattern forming on NEAR's monthly chart, suggesting a potential 60-65% surge if a breakout occurs. NEAR briefly surpassed the $7.50 mark before retracing, but analysts remain optimistic, anticipating a move towards $14-$15 if it maintains its position above $7.00.
- Analyst Bluntz highlights NEAR as one of the top performers among #cryptocurrencies , observing an ABC zigzag pattern followed by an ongoing impulse wave pattern. With NEAR breaking out of the $7.00 resistance, Bluntz considers it a market leader.
Expansion and Collaborations:
- NEAR Protocol prioritizes performance, #Security , and scalability, boasting a TVL of $309 million and doubling since Q4 2023. Recent integrations with NodeKit and TrueZK, along with partnerships with Colombian fintech Lulo X and Peersyst Technology, illustrate NEAR's commitment to expanding financial possibilities.
Impressive Performance Amid Bull Run:
- Despite a 6.25% decline from its #ATH , NEAR has surged by over 146% in the last three months. Daily trading volume and market capitalization have also seen significant increases, with NEAR trading at $7.2, reflecting a 7.3% increase in the last 24 hours and a 26% rise in the past week.
Source - newsbtc.com
