The ecosystem of token #NEAR is grabbing considerable attention in the market, as it has experienced a strong bullish momentum that has pushed it to trade in the range of US$$2.70, highlighting gains of up to 25% in recent days against a rather flat or bearish global crypto market.
The main driver behind NEAR's recent rally is its strong pivot towards the decentralized AI sector. NEAR co-founder Illia Polosukhin is actively positioning NEAR as the ideal execution layer for an open and transparent AI economy.
Short-term technical indicators remain bullish due to the increase in daily trading volume. If the volume supports and consolidates above US$2.40, some analysts see it feasible to target US$3.00 or US$3.50 in the coming weeks; otherwise, it could seek a pullback to the support zone of US$2.00.
The main driver behind NEAR's recent rally is its strong pivot towards the decentralized AI sector. NEAR co-founder Illia Polosukhin is actively positioning NEAR as the ideal execution layer for an open and transparent AI economy.
Short-term technical indicators remain bullish due to the increase in daily trading volume. If the volume supports and consolidates above US$2.40, some analysts see it feasible to target US$3.00 or US$3.50 in the coming weeks; otherwise, it could seek a pullback to the support zone of US$2.00.