NEAR price climbs amid 32% volume spike: what’s the near-term outlook?

1 day ago 7

Rommie Analytics

  • NEAR price surged to $1.66 amid a notable volume spike.
  • AI tokens bounced sharply, including Injective, Theta Network, and Akash Network.
  • The near-term outlook for NEAR suggests a retest of $2 if momentum holds.

NEAR Protocol (NEAR) has traded higher in the past 24 hours as bulls eye near-term gains.

The uptick for the artificial intelligence-related token aligned with a broader AI tokens surge on Tuesday, with NEAR seeing a notable rise in trading activity.

NEAR price gains amid 32% spike in daily volume

NEAR is trading at $1.62, up about 7% over the past 24 hours and roughly 4% higher on the weekly chart despite Monday’s brief plunge beneath $1.50.

The price appreciation coincides with a 32% surge in daily volume, with intraday action putting the metric at $295 million as of writing.

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