NEAR, the native token of Near protocol, remains one of the few top-end Layer one Blockchains unaffected by the recent fall in the crypto-verse. The coin price hibernated and came back with a bullish pattern. Will buyers bring an upside breakout to this pattern?
First, let us take a look at the preliminary price data. Today's live NEAR token price was $17.15 at 05:00 GMT, which increased by 2.51% in the last 24 hours. Hence, the token remains bullish on a daily level. With an intraday trading volume is $1.40 Billion and a live market cap of $21.59 Billion, NEAR remains among the Top20 coins in the crypto-verse.
The NEAR/USDT pair shows a bullish flag pattern, which is the secret behind the coin price sustaining the market fall. The price consolidated between $15.35 and $17.60 after the remarkable bull run reaching the high of $17 from the bottom created at $10.
Let us take a more in-depth look into the technical analysis of the NEAR token and see what the indicators say about it.