NEAR Protocol has surged over 50% in the past week, fueled by a bullish divergence and a potential reversal pattern on the NEAR/BTC trading pair. Analyst Michaël van de Poppe highlights the strong momentum, identifying key resistance at 0.00003840 BTC and a potential target around 0.00006089 BTC. Technical indicators such as the MACD bullish crossover and an RSI near 61 suggest strengthening momentum.
The cryptocurrency has been trading within a range of $2.50 to $3.50, with a significant trading volume of 29.31 million tokens exchanged in the last 24 hours. This surge reflects growing investor interest and technical factors supporting the upward trend.
NEAR Jumps 50% in a Week Amid Bullish Divergence
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