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NEAR rose by 20% in a single day, breaking through 2 dollars, with volume surging by 300%, aiming for 4.6 dollars?
[Coin World] NEAR has recently shown strong performance, with the coin price breaking through the 2 USD mark and continuing to rise. It has now held above 2.34 USD, with a single-day rise of over 20%. Even more remarkable is the volume, which has surged by 300%, with a single-day trading amount reaching 753 million USD.
From a technical perspective, the RSI is currently at 51, with room for rise. The MACD has also turned bullish, and the pattern looks quite healthy.
The main driving force behind this wave of market movement is the privacy sector gaining momentum. NEAR has integrated the Intents protocol with Zcash's privacy transaction capabilities, which opens up a lot of imaginative possibilities for the ecosystem. Based on the current momentum, some analysts believe NEAR has the opportunity to double again, with a target around $4.60. Of course, the market changes rapidly, and how far it can go will depend on subsequent funding and ecological developments.