NEARly Unstoppable: Crypto’s Hottest Token Soars 7% in a Blink!

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What to know:

  • NEAR jumps 6.7% to $2.66, fueled by altcoin momentum as Bitcoin hits a record $123K.
  • Technical breakout confirmed, with support at $2.51, a V-shaped reversal, and a volume spike over 143K units.
  • Key levels: resistance flipped to support at $2.62–$2.64; next targets lie at $2.70–$2.72.

NEAR rallied by 6.7% in the past 24 hours as altcoins begin to heat up following bitcoin’s fresh record high at $123,000.

As investors anticipate a potential “altcoin season” several tokens like NEAR are reaping the rewards. NEAR jumped from $2.55 to $2.66 in the past 24 hours, representing a 7% range.

Support held firm at $2.51 before a breakout at 01:00 UTC driving prices up to $2.69 over the subsequent four hours.

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Technical Indicators Summary

  • Support confirmed at $2.51 during consolidation phases.
  • Buying pressure maintains above $2.62-$2.64 resistance-turned-support.
  • Higher lows pattern establishes throughout recovery phase.
  • V-shaped reversal completes with 143,188-unit volume spike.
  • Breakout above $2.67 confirms bullish continuation.
  • Next resistance targets $2.70-$2.72 levels.

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2025-07-14 20:08