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NEAR Protocol has attracted the attention of cryptocurrency holders with a sharp price increase of 15% in the last 24 hours. As interest in the crypto market grows, holders are closely following the development of NEAR. So What is crypto NEAR? Why does it continue to gain value?
This article explores the reason behind this recent momentum and whether NEAR can reach its next price target of $10.
The Role of Market Growth in NEAR Protocol Price Increase
Last in crypto newsNEAR Protocol has seen a 31% increase in the past week. At the time of writing, the NEAR price was at $5.11 and its daily high was $5.22. This tokenhas shown resilience in a volatile market and outperformed many other assets in the crypto space.
Several bullish signals support this growth. For example, the MACD indicator shows that NEAR may continue its upward momentum. With the MACD line crossing the signal line, the protocol may soon break the $6 resistance level. Some analysts believe that NEAR may even reach the $10 level if the trend continues.
Market Data Confirms More NEAR Transactions
According to data from CoinGlass, NEAR Protocol’s trading volume increased by 198% last week to $1.03 billion. This increase in trading activity shows that trust in the protocol is increasing among both retail and institutional players. Additionally, open interest in NEAR derivatives increased by 41.91% to $262.50 million.
This growth coincides with the broader recovery in the crypto sector. As more investors invest in NEAR, the coin is well-positioned to continue its growth in the short term.
Can NEAR Reach $10? What Do Indicators Recommend?
Given the current market conditions and bullish technical indicators, the NEAR price could climb to $10 if the momentum continues, so crypto wallet Hold using. Analysts point to the recent consolidation breakout as a key signal for further growth. Supported by increasing trading volume and positive sentiment, NEAR is likely to continue to be a top market performer.
NEAR’s expanding ecosystem also plays a critical role. The protocol has attracted more projects, and its use of AI and other advanced technologies makes it an attractive option for developers. This could increase demand for NEAR and push its price even higher in the coming months.
Minotaurus ($MTAUR) – An Addition to Your NEAR Stocks
With NEAR’s prospects looking bright, many are locking in on the cryptocurrency. However, there are no guarantees, so it’s wise to diversify. Another promising cryptocurrency that NEAR holders are eyeing is Minotaurus ($MTAUR), a new presale in blockchain gaming.
Minotaurus ($MTAUR) is offering a low early entry price of 70% off during the presale. At $0.00005956 per token, it’s an entry opportunity you don’t want to miss. $MTAUR is part of a growing ecosystem with a strong utility in the exploding casual gaming world.
You can use $MTAUR tokens to unlock special characters in-game, buy power-ups, and more. Owners also enjoy referral and entitlement bonuses for remaining loyal. The project has been audited by major firms such as SolidProof and Coinsult, ensuring a secure and transparent setup.
The $MTAUR community is very exciting with people from all backgrounds and budgets participating. So why not join today? By joining today, you will save more and get better privileges as a holder.
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Solution
Latest news, NEAR Protocol in the crypto market underscores its strong position. NEAR could soon break the $6 resistance and potentially reach $10. More conservative NEAR trade As we do, the future looks bright for this coin. With NEAR’s bullish trend and positive market movement, it is a buy crypto It might be a good time for.
But there are other promising options beyond NEAR. Minotaurus ($MTAUR), a new blockchain game presale, looks like a valuable addition to NEAR portfolios. Presale tokens are becoming scarce as more people join in. If you’re interested, it’s best to act fast.