- Bulls pushed NEAR price up to a new intraweek high of $1.62.
- Technical indicators suggest bull grip that has the upper hand
- The NEAR market bears capitulate as bulls storm in.
By continuing upward, the price of NEAR Protocol (NEAR) disproved the prior downward trend that had taken it to $1.46. The day belonged to the bulls, who were successful in raising the price from yesterday’s closing level of $1.55 to today’s $1.58.
The market capitalization surged by 5.89% to $1,327,455,884, and the 24-hour trading volume increased by 106.35% to $300,388,446 as a result of this upturn. With investor demand driving prices higher in the NEAR market, this trend indicates that there is purchasing pressure.