NEAR Protocol's price has risen to $1.89, surpassing its 50-day and 200-day moving averages.
This could signal a shift in trend, but it's worth noting that the token is still 40.7% below its 12-month high of $3.18 and down over 21% for the year.
Short-term momentum is positive with an 18.15% gain over the past week, but the absence of a 'golden cross' and high market optimism suggest caution.
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