NEAR Protocol Climbs 4.5% with Strong Volume Amid Market Tensions
The cryptocurrency market is under pressure from rising tensions between Iran and Israel.
NEAR Protocol has shown resilience, increasing by 4.5% to the $2.11-$2.12 range with substantial volume support.
Key developments include:
- NEAR-USD rose from $2.124 to $2.170, achieving a 24-hour range of $0.095 (4.5%).
- Volume peaked at 5.14M units during key trading hours (18:00-20:00).
- Resistance levels are identified at $2.205-$2.210, tested twice without break.
- The overall trend remains bullish with higher lows forming a supportive trendline.
- Increased buyer interest noted with volume spikes over 65,000 and 83,000 units at 13:21 and 13:39.
- Price held above the $2.170 support zone, closing at $2.173, indicating ongoing bullish sentiment despite consolidation phases.