DEXWireNews

Will Near Protocol ($NEAR) Gain More Momentum?

BINANCE:NEARUSDT   NEAR / TetherUS

From October 15, NEAR has soared by 350%, hitting a local peak at $4.62. With its all-time high still 400% above the current price, NEAR retains significant upside potential.

It's trading within the support range of $3.34-$3.63 and facing resistance at $4.29-$4.62. Overcoming the psychological barrier of $4 is key for further growth. If the trend gains momentum, NEAR might test the $5 level.

The potential for a NEAR correction is also notable, with lower support levels at $3.2 and $2.75-$3.04. Further declines will depend on BTC's behavior.

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