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๐ NEAR To Rise Even Higher According To These Analysts, Can It Hit $10? ๐
๐ฅ NEAR, the native token of the Layer 1 (L1) public blockchain NEAR Protocol, has substantially risen during this bull run after registering remarkable gains since the end of 2023. ๐
๐ Analyst Foresees NEARโs Next Leg Up Coming Soon ๐
At the end of 2023, the NEAR token showed a remarkable performance by doubling its price in mid-December. Since then, the crypto market has been propelled to heights like those seen during the last bull run. NEAR continued its growth alongside the market, and crypto analyst Altcoin Sherpa considers that the gains for the token are far from over. NEAR hovered between the $6.7- $7.17 price range for the past 24 hours, Altcoin Sherpaโs chart shows. As the analyst highlights, this is the โconsolidation for the next leg upโ coming soon.
๐ Are $10 Coming Soon? ๐
NEAR has been closely following Bitcoinโs price performance during the past week. As the chart below shows, in the last 24 hours, the tokenโs price has closely followed the trajectory of the flagship cryptocurrency. At writing time, NEAR is trading at $7.3, a 4.2% surge in the past hour. The token registered a stellar 67.8% and 83.1% price surge in the weekly and bi-weekly timeframe. Crypto trader Doctor Profit foresees NEAR to reach $10 soon, as his previous prediction of the token reaching this price by the end of the year seems closer than expected.
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