Crypto Market Sees Unexpected Turnaround as Near, Hyperliquid, and Ethereum Prices Shift

Near Protocol (NEAR) remains in a strong uptrend, but its momentum is becoming increasingly extended.

After briefly reaching $5.47, NEAR is currently trading at around $5.27, which is well above every major moving average on the daily chart.

The short-term moving average has climbed to almost $3.80, while the longer averages remain lower.

This separation confirms the strength of the trend but also increases the probability of violent corrections.

A convincing daily close above $5.40-$5.50 would remove the latest local ceiling and potentially expose $6.00 as the next psychological target.