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Altcoins & DeFi

Can Near Protocol (NEAR) Finally Break $5.3? This Is Why It Looks Unbreakable

Image: U.Today

NEAR is trading near $5.25 after a strong run . Since August, the coin has climbed from under $2 to above $5, and the primary trend still points up. But price has hit the same area several times without closing above it, and that is what makes investors nervous. The region between $5.30 and $5.60 is the key test. Price reached about $5.56 in late September and about $5.65 in early October. Both times, sellers pushed it back down. Each rejection made the area look stronger, which is why many people now call it unbreakable.

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