Token

Bitcoin

Convergence

<p>The post <a href="https://coinpedia.org/price-analysis/near-protocol-price-soars-as-ai-hype-rises-near-to-hit-10-soon/" rel="noopener noreferrer nofollow">Near Protocol Price Soars As AI Hype Rises! NEAR To Hit $10 Soon?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The cryptocurrency industry continues to display a mixed sentiment as the volatility within the crypto market is constantly rising. Moreover, market leaders, Bitcoin and <a href="https://coinpedia.org/price-prediction/market-price-prediction-ethereum-2019/" rel="noopener noreferrer nofollow">Ethereum price</a> continue to hover close to their respective support levels, indicating uncertainty in future price action for this crypto token.</p>
<p>On the other hand, the NEAR price has added approximately 10% within the past 24 hours and 35.86% over the past seven days, indicating a high potential for a bullish price action during the upcoming month.</p>
<h2 class="wp-block-heading" id="h-near-protocol-token-hints-a-bullish-breakout">Near Protocol Token Hints A Bullish Breakout:</h2>
<p>After displaying a bearish trend since the start of March, the <a href="https://coinpedia.org/price-prediction/near-protocol-near-price-prediction/" rel="noopener noreferrer nofollow">NEAR price</a> has displayed a strong bullish reversal in the chart by adding 9.86% within the past 24 hours, indicating increased buying-over-selling pressure for the altcoin in the cryptocurrency industry.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/GvsfoCIKshQaCHDCFsV4VjbGfs6Ha4iMM5wI6axoqnnh_xYUFaSUAhxIIBqelpw2I7KChWdGcNrVyskXhhzbxLIgHCtCbNszNpuJ13DrEC2FbGLQ1xM-oLFWUiZhxjHG-aIaaHRqhZjUo2mIceQwK8w" alt="NEAR Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: NEAR/USDT
 </figcaption>
</figure>
<p>Moreover, it has added approximately 35% over the past seven days. Positively, this altcoin has displayed a bullish pattern in the 1D time frame with a high possibility of a breakout rally during the upcoming week, indicating a positive outlook for the <a href="https://markets.coinpedia.org/near-protocol/" rel="noopener noreferrer nofollow">Near Protocol token</a> in the coming time.&nbsp;</p>
<p>The Moving Average Convergence Divergence (MACD) shows a rising green histogram, indicating an increase in the buying pressure within the crypto market. Furthermore, the averages show a constant rise, suggesting a bullish outlook for the altcoin in the coming week.</p>
<h2 class="wp-block-heading" id="h-will-near-price-continue-rising">Will NEAR Price Continue Rising?</h2>
<p>If the market pushes the price above the resistance level of $7.685, the bulls will prepare to test its upper resistance level of $9. Moreover, if the bulls hold the price at that level, it will set the stage for the Near Protocol price to attempt to test its upper level of $10.50 during the upcoming month.</p>
<p>Conversely, if the bears overpowered the bulls, the NEAR price would start trading under a negative influence and test its support level of $6.225. Further, if the bulls fail to hold the price at that level, it will plunge and prepare to test its lower support level of $5.</p>

Near Protocol Price Soars As AI Hype Rises! NEAR To Hit $10 Soon?

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