NEAR - layer1 race is getting hot?Near is layer-1 project closest to leaders like AVAX EGLD ATOM.
A lot is going on: new projects building on NEAR, bridges, and fast growing TVL.
Let’s take a look on price chart:
- 14$ is important key level. It was tested as support in Jan 2022, and as resistance in Feb 2022. As many L-1 altcoins started to breakout resistance levels, seems like NEAR is next here.
- Moving averages’ combinations show uptrend on all timeframe
Since downtrend of Jan-Feb 2022, NEAR is recovering faster than amy other L-1 blockchains.
Once it breaks 14$ level, 16$ and 20$ levels are on the table.
10.3$ is key support level.
Looking forward for updates on NEAR protocol and dynamic price action!
