Cryptocurrency

Momentum

<ul>
 <li>#<a href="https://www.coingabbar.com/en/crypto-currency/shiba-inu-shib-prices-usd" title="Near Protocol" class="f-link" rel="noopener noreferrer nofollow">Near Protocol </a>($NEAR) witnessed significant growth since early February, bouncing back impressively from $2.68 to $7.10, marking a remarkable 165% increase over five weeks.</li>
 <li>NEAR experienced a surge to $7.00, reaching its peak since May 2022, with a remarkable 75% increase in the past week alone.</li>
 <li>Confirmation of the breakout above the $6.12 neckline resistance came with a strong bullish candle, suggesting a sustained bullish trend.</li>
 <li>$NEAR's price action unveiled a breakout from the neckline resistance of a rounding bottom pattern, indicating further potential for recovery.</li>
 <li>According To <a href="https://www.coingabbar.com/en/price-analysis" title="Coingabbar's analysis" class="f-link" rel="noopener noreferrer nofollow">Coingabbar's analysis</a>, The sustained breakout has the potential to drive #Near Protocol's price toward the theoretical target of $11.20.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $9.00-$12.00
SUPPORT LEVEL : $5.40-$4.00
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Near Protocol Price Prediction: Can Momentum Hold Above $7

Coingabbar

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