In the coming days, including until October 23, 2024, the market expects mixed dynamics from NEAR Protocol, as the cryptocurrency is at a critical stage of technical consolidation.

  1. Technical Analysis: NEAR Protocol is showing signs of stabilization, with the possible formation of a symmetrical triangle on the charts, indicating a period of accumulation before a likely spike in price. The key support level is $4.60. If NEAR holds above this level, it can target the price of $5.80. However, if the asset falls below this mark, further declines to $4.24​CoinCodex​The Currency analytics are possible.

  2. Investor Sentiment: Despite moderate price growth over the past month, market sentiment is neutral, but there is a cautiously optimistic trend among traders. The "Fear and Greed" index is at the "fear" level, which indicates the possibility of increased volatility and interest in buying from investors who consider the current moment beneficial for long-term investments in CoinCodex.

  3. Liquidity and Market Sentiment: Data on liquidity outflows from exchanges shows that investors are holding NEAR longer, which may indicate growing confidence in future price growth. It is also important to monitor the movement of oscillators and technical indicators that may indicate the possibility of a breakout in the coming days​The Currency analytics​Cointelegraph.

Overall, the NEAR Protocol market is at a point of uncertainty, but many investors see potential for upside in the next few weeks if key supports hold.

My personal opinion is that NEAR will continue to rise to $5 in the near future, so I entered a long position at the market price

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