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The cryptocurrency market continues to present various investment opportunities, having recently rallied, led by Bitcoin (BTC). Despite the perception that digital assets like Bitcoin are often considered out of reach for many investors due to their high unit prices, numerous affordable options are still available in the market.
The crypto market's rally continued this week.
Near Protocol Price Prediction: Defying the current correction mode in the crypto market, the Near Protocol(NEAR) coin has shown an upright recovery registering a 44% weekly gain. Amid this rally, the buyers gave a decisive breakout from two crucial levels, offering buyers a suitable launchpad to further fuel this growth.
NEAR is a user-friendly and carbon-neutral blockchain, built from the ground up to be performant, secure, and infinitely scalable. NEAR is a platform for running applications that have access to a shared and secure pool of money, identity, and data that is owned by their users.
Ranking th charts of top gainers, the NEAR price jump of 24% last night signals the start of Santa Rally for Near Protocol. A similar trend in multiple altcoins marks the beginning of a Santa Rally and potentially a new Altcoin season.
The cryptocurrency market has experienced stability and growth as Bitcoin trades sideways after a significant rally in 2023. Analysts are focusing on the importance of this period of consolidation, with anticipation mounting over the potential approval of a Bitcoin spot ETF, rumored to be announced around the Christmas-New Year period.
NEAR Protocol tops daily and weekly gains in the crypto market, with a 54% surge this week.
Crypto analytics firm Santiment is warning about Solana (SOL) and two other altcoins based on one key metric. The firm says that the discussions of Solana on social media platforms are soaring, which often signals a market top.
The prices of most of the coins keep growing, according to CoinStats.
NEAR, the cryptocurrency associated with the NEAR Protocol, has recently seen a substantial surge, hitting its highest price of the year. As of now, it is trading at $2.73, reflecting an impressive 18% increase within the last 24 hours and a noteworthy 26% surge over the past week, according to data from CoinMarketCap.
The Near Protocol (NEAR) price has increased by 65% in the past four days. The upward movement led to a 440-day high of $3.44 today.
NEAR/USDT chart and technical analysis The price of NEAR/USDT is approaching a major resistance and supply area of $3.50. The price has recovered about 70% in the last 3 days and this could be the perfect opportunity to cash on a potential retrace.
NEAR's price has touched its highest level since January
The crypto market is on fire, led by some disruptive cryptocurrencies.
Market doldrums have continued to characterize the crypto market since late last week, with Bitcoin price rising to test $44,000 resistance and falling to confirm support at $40,000. Amid the uncertainties across the market, investors have been able to identify some of the top altcoins to buy in December while speculating not only on short-term gains but
The NEAR Protocol, a sharded proof-of-stake blockchain, witnessed a 20% price surge on Wednesday. Based on data from CoinGecko, the NEAR Protocol's NEAR token is trading at $2.88 at press time.
Near protocol token recorded uptrends over the past day, with its price increasing by nearly 18%. Trading at $2.84 at press time, NEAR soared 27.50% within the previous week. Further, Coinalyze data shows the altcoin's open interest (OI) saw a significant uptick to the highs of $118.3 million. Meanwhile, Binance tops the charts with $69.
In a significant market move, NEAR Protocol (NEAR) has experienced a substantial surge of 17.72% in the last 24 hours, pushing its current price to $2.83. The cryptocurrency's trading volume has concurrently spiked by an impressive 173.49%, reaching $483.15 million.
NEAR Protocol's native token, NEAR, gained bullish momentum over the past week and just reached its 10-month-high. NEAR is up 17.6% in the past 24 hours and is trading at $2.
The crypto industry has recorded an upswing of less than 1% within the past day. Further, the top crypto tokens continue to display minor fluctuations in their price. On the other hand, the Near Protocol price has jumped over 17%, making it the top gainer in the crypto market for the day.
“Altcoin Season” is gaining traction, signaling a time when alternative cryptocurrencies, known as altcoins, are outperforming market giants Bitcoin (BTC) and Ethereum (ETH). Experts have observed a pattern during market upswings where funds initially flow into Bitcoin and Ethereum, followed by a surge in altcoins.
The market is facing a bounce back after a few days of continued decline.
The cryptocurrency market is experiencing a significant surge, with Bitcoin (BTC) leading the way, having recently crossed the $43,000 mark. This uptrend is also reflected in various altcoins. This positive momentum is largely attributed to the Federal Reserve's dovish stance, projecting rate cuts in the coming year.
Most of the coins keep facing a correction; however, there are some exceptions to the rule, according to CoinStats.
