Middle East Tensions Fail to Derail NEAR Protocol’s 5% Surge Driven by Buyer Momentum

NEAR Protocol Gains 4.5% as Traders Push Higher Despite Middle East Tensions

NEAR Protocol maintained its upward momentum on Thursday, climbing 4.5% and holding above the $2.11 mark, even as broader crypto markets faced pressure from rising geopolitical tensions between Israel and Iran.

The token’s solid performance signals that investors remain optimistic despite ongoing market uncertainty. NEAR hovered close to resistance near $2.20, suggesting cautious optimism among traders looking for a decisive breakout.

Key Technical Developments

• NEAR’s price moved from $2.124 to $2.170 in the past 24 hours, navigating a trading range of approximately $0.095.
• Significant buying activity was concentrated in the $2.110–$2.120 zone, particularly during the 18:00–20:00 UTC window, where trading volumes spiked to 5.14 million tokens.
• Resistance remains firm at the $2.205–$2.210 level, which has been tested twice but not yet breached, indicating potential short-term consolidation.
• The overall trend stays bullish, supported by higher lows, though momentum has slowed slightly compared to earlier in the week.
• In the final trading hour, NEAR maintained stability between $2.169 and $2.173, forming higher lows that hint at persistent buyer interest.
• Notable trading spikes occurred at 13:21 and 13:39 UTC, with over 65,000 and 83,000 tokens traded, reflecting strong market engagement.
• NEAR ended the day at $2.173, suggesting the token remains well-positioned despite broader market consolidation.

NEAR’s ability to sustain gains amid geopolitical turmoil underscores continued confidence from traders, keeping it on watch for potential further upside if resistance levels give way.