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Near Protocol’s near-term future depends on it crossing this level
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With the larger market looking bleak on 15 December, Near protocol’s NEAR token garnered some serious attention. This, by noting over 90% gains within 24-hours. The catalysts for the sudden rise seemed more or less unknown. But the striking gains did manage to dramatically stir trade volumes.
At the time of writing though Bitcoin was back above $48,750 and most of the top altcoins charted a price recovery. Well, the pertinent question here is- did it still make sense to keep NEAR near?
NEAR, after making an all-time high of $13.10 on 26 October, started to see consolidation followed by a price downtrend alongside a descending resistance line. Notably, until the first week of December, Near Protocol’s price had been decreasing. However, it
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