NEAR Price Holds Above Key Moving Averages Amid Strong Bullish Momentum
The NEAR Protocol has been maintaining a bullish technical structure after rebounding sharply from its mid-August bottom near $1.50.
According to analyst More Crypto Online, NEAR remains below the broader $2.65, $3.47 resistance zone but still within a rising blue price channel.
A decisive move above $3.10 would provide an additional technical signal that buyers are gaining control and strengthen the case for a broader recovery.
The 14-period Relative Strength Index is currently around 73.10, above its 63.77 signal line, indicating strong bullish momentum ahead.
A sustained move above $3.10 could confirm that NEAR is successfully progressing through the recovery pattern highlighted by More Crypto Online and focus on the $3.47 upper limit of the resistance region.