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<p>NEAR, the native token of the NEAR Protocol, has seen a swift price pop over the last 24 hours. Key highlights include:</p>
<ul>
 <li>24H Low: $3.59</li>
 <li>24H High: $4.31</li>
 <li>24H Volume: $383 million, up 91%</li>
</ul>
<p>This powerful 17% rally comes as NEAR revisits levels not seen since last summer amid the broader crypto market crash.</p>
<p><strong>The exact driver behind this latest move is unclear</strong>, although momentum has been building in NEAR ever since it reclaimed the $3 support level earlier this month. As a reminder, the NEAR Protocol represents a high-performance layer-1 blockchain focused on delivering scalability, interoperability, and usability for decentralized applications.</p>
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<p>Its robust technical architecture and growing ecosystem adoption have sparked renewed investor interest after the chaos of 2022.</p>
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<p>Adding momentum, crypto analyst CryptoAce <a href="https://twitter.com/CryptoAceBull/status/1742125104547381416" target="_blank" rel="noopener noreferrer nofollow">notes </a>that NEAR looks poised to continue higher after clearing the prior $4.60 resistance. Upside price targets likely reside near its all-time high around $20 should bullish momentum persist.</p>
<p>In summary, while the catalyst for this week’s rally is uncertain, NEAR’s blockchain innovation and recent technical breakout signal a resurgence for the NEAR token from a trading perspective. Further volatility is expected with prices at 10-month highs.</p>
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<p>The post <a href="https://captainaltcoin.com/why-is-near-price-up-today-analyst-eyes-further-upside-to-this-level/" rel="noopener noreferrer nofollow">Why is NEAR Price Up Today? Analyst Eyes Further Upside To This Level</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why is NEAR Price Up Today? Analyst Eyes Further Upside To This Level

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