Near Protocol Price Breaks Through Resistance

The price of NEAR Protocol has been on an upward trend, with its current value sitting at $1.62, up 2.0% over the past 24 hours.

This increase in value comes as the market cap sits at $2.114B and fully diluted valuation lands at that same figure, indicating a stable situation without any looming unlock overhangs.

The technical analysis of NEAR Protocol shows that it is currently facing resistance on the daily chart, with price pressing against a descending trendline.

If NEAR can clear this trendline with decent volume, it could lead to targets of $2.068 and then $2.564, followed by larger weekly targets if momentum continues to build.