NEAR Price Plummets, But Network Activity soars Amidst Analyst Optimism

NEAR’s price has experienced a 14% drop as traders watch for reactions at the $1.80 support level. Trading volume surged to $290 million in a single day, exceeding $6.5 billion in total volume. Analysts are cautiously optimistic about NEAR Protocol’s future due to strong network activity and an emerging double bottom pattern on its price chart. 2023 low retest near $1.80 supports further analysis of NEAR’s potential for a surge above the current levels, with targets potentially reaching as high as $4 if momentum holds.