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The NEAR price jumped 9% in the last 24 hours
to trade at $5.3
as of 03:15 a.m. EST on trading volume that skyrocketed 58% to $748 million.
The NEAR surge came as AI crypto rallied with a 10% jump led by Synesis One (SNS),
NEAR,
and Internet Computer (ICP) after
supportive comments
from presidential candidate Kamala Harris and OpenAI founder Sam Altman.
NEAR Price To Continue Soaring
The NEAR price has been on a downtrend since August 24, as NEAR plunged from the $5.2 resistance zone to the $3.48 support zone, according to data from
GeckoTerminal
.
This support level allowed the bulls to stage a trend reversal, pushing the price of NEAR back to the resistance, forming a rounding bottom pattern. The bulls aim to capitalize on this pattern to push the price even higher.
NEAR price now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the bullish sentiments.
Additionally, the Relative Strength Index (RSI) is also soaring above the 70-overbought region, currently at 73, showing that the token is currently under intense buying pressure.
The Moving Average Convergence Divergence (MACD) also cements the bullish sentiments, with the MACD moving up above the neutral zone.
If the positive trend continues, NEAR could surge above the resistance, as the bulls currently target $7.0.
NEARUSD Chart Analysis Source: GeckoTerminal.com
In an inverse scenario, if the bears take control of the price at this level, NEAR could plunge back to the 200-day SMA at $4.2.
Meanwhile, investors are rushing to buy the new Solana GameFi project
Mega Dice (DICE)
, which has only five days left until its presale ends.
$DICE
Launch on Raydium
We’re excited to share that
$DICE
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#GameFi
on
#Solana
as we bring you unparalleled opportunities and exciting rewards, including exclusive…
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— Mega Dice Casino (@megadice)
September 20, 2024
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— Mega Dice Casino (@megadice)
August 14, 2023
Token holders can also earn daily rewards based on the casino’s profits from its unique staking model.
Influential crypto YouTuber TodayTrader, with over 11.9k subscribers, predicts an ”easy 100x” gain after the project launches on exchanges.
With DICE already raising over $1.87 million in its presale, the momentum is building fast. Tokens are currently priced at just $0.116056 each and can be bought with BNB, ETH, or SOL.
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