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NEAR Protocol price rose 19% in the last 24 hours to trade at $2.82 at 4:50 a.m. EST, with trading volume increasing 163% to $529 million.
NEAR is currently at a level last seen in mid-February, with its market capitalization at $2.82 billion.
With a 29% increase in the last 7 days, NEAR has outperformed the overall cryptocurrency market, which has seen a modest 0.2% increase.
Price Near Protocol: Bulls Follow Ascending Triangle Pattern
Near Protocol price has recovered from a downtrend, demonstrating a solid upward trajectory as the bulls received support at the $0.95 level, pushing the price towards the $2.8 resistance level within an ascending channel.
The trading price broke above the 50-day and 200-day simple moving averages (SMA), forming a golden cross at $1.35. This establishes short-term support and confirms the bullish momentum for NEAR price.
The Relative Strength Index (RSI) remains broadly bullish and is trading at 71, indicating intense buying pressure.
The price close to the protocol: bulls aim for $3.5
Optimistic bullish investors are looking ahead, possibly aiming for a target of $3.5 by the end of 2023. However, bearish forces could exert downward pressure, which could lead to a pullback towards the support level of $2.16.
As the price of Near Protocol maintains its upward trajectory, the bitcoin Minetrix pre-sale offers an excellent opportunity for bullish investors looking to maximize their profits.
bitcoin Minetrix Gets $5.6 Million, Less Than Two Days Until Price Surge
bitcoin Minetrix (BTCMTX)a revolutionary bitcoin cloud mining platform, has raised a staggering $5.6 million in funding and is moving quickly toward its $6.2 million goal, showing the growing interest in the approach. unique project for bitcoin mining.
With less than two days until the next price hike, investors and enthusiasts alike are closely following this exciting development. You can get BTCMTX tokens before the price surge for a discounted price of $0.0123 per token.
In 2008, bitcoin?src=hash&ref_src=twsrc%5Etfw”>#bitcoin used mining to ensure security.
Initially easy, then it became complex and expensive.
Cloud mining faced scams, leading to skepticism.
Today, large corporations restrict the access of individuals. #BTCMTX strives to allow $btc mining for everyone. pic.twitter.com/ze5Vm3kKo9
—Bitcoinminetrix (@bitcoinminetrix) December 19, 2023
bitcoin Minetrix offers an innovative solution to the challenges faced by traditional bitcoin mining methods, which are often criticized for their environmental impact and high barriers to entry.
By using cutting-edge cloud-based technology, bitcoin Minetrix aims to decentralize the mining process, making it more accessible and environmentally friendly.
#BitcoinMinetrix represents a cutting-edge cloud mining solution, enabling participation in decentralized $btc mining.
With its focus on eradicating the risks associated with fraudulent third-party cloud mining, it gives users complete autonomy over their mining activities. pic.twitter.com/VTlrHmmXNN
—Bitcoinminetrix (@bitcoinminetrix) December 11, 2023
The influx of funding indicates strong confidence in bitcoin Minetrix's potential to disrupt the bitcoin mining industry.
Furthermore, bitcoin Minetrix offers investors the golden opportunity to earn passive income through its mine staking feature. At the moment, stake BTCMTX tokens guarantees you a lucrative 109% Annual Percentage Yield (APY).
Michael Wrubel, a cryptocurrency expert with a YouTube channel that has over 310,000 subscribers, recently featured bitcoin Minetrix in one of his reviews. In the video, he explains why he is bullish on BTCMTX.
You can buy BTCMTX tokens on the official site. bitcoin Minetrix Website.
Related news
- Audited by Coinsult
- Secure and decentralized cloud mining
- Earn free bitcoin daily
- Native Token on Pre-Sale Now – BTCMTX
- Staking Rewards: Over 100% APY
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