NEAR Protocol Market Cap Analysis

Tuesday, 21 May 2024, 08:00

The market cap of NEAR is nearing the key resistance level of $9 billion, reflecting significant investment interest in the token. Testing resistance multiple times around the $9 billion mark indicates strong selling pressure. Technical analysis suggests a bullish outlook with support levels at $7.5 and $7.3, and resistance at $8 and $8.5.
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NEAR Protocol Market Cap Analysis

NEAR Protocol Market Cap Analysis

The market cap of NEAR is approaching the key resistance of $9 billion, indicating substantial interest and investment in the token. The chart displays a strong upward trend, suggesting bullish momentum.

  • Noticeable resistance zone exists near $9 billion.
  • Price trading above 1D and 4H Ichimoku Clouds.
  • Key support levels are $7.5 and $7.3, with resistance at $8 and $8.5.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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