The price surge of the altcoin Near Protocol (NEAR) has caught the eye of the cryptocurrency market recently, particularly its rise above the key level of $2.76 and maintaining it as support which suggests a possible uptrend.

Recent data indicates that NEAR is targeting a price of $10.24, but this goal requires sustained bull support. Any drop below $6.08 on the weekly timeline would challenge the bullish scenario.

NEAR's price movement is being closely watched alongside the broader cryptocurrency market trend. Past resistance levels and market momentum have created a positive outlook among investors, awaiting NEAR's future performance.

If NEAR manages to break through the $6.08 mark, a potential surge to $10.24 with a 50% gain is in the cards. Technical analysis signals like the Relative Strength Index and MACD suggest a bullish trend. However, maintaining the $6.08 support is crucial for taking advantage of this potential growth.

The next target for NEAR bulls could be $15 if the retest is successful, representing a significant increase from current levels. Conversely, failure to hold the $6.08 support could lead to a price decline, potentially revisiting the $2.76 support level.

BTC's performance, as a major influencer of the cryptocurrency market, will also impact NEAR's price direction. Investors will be keen on whether history will repeat itself for Near Protocol in the upcoming period.