The prices of Stellar (XLM) and Near Protocol (NEAR) are attracting investor attention owing to strong indicators and ecosystem developments. This article examines recent price changes and their possible implications.
Stellar (XLM) Price Shows July Growth
The price of Stellar (XLM) at the end of July showed impressive growth, increasing by 75-85% in one month. Currently, the price is around $0.44 after a brief pullback. Analysts note support levels at $0.39 and resistance in the $0.46-$0.52 range. If favorable market conditions persist, a target of $0.71 is achievable, with even a $1 long-term goal discussed.
Near Protocol (NEAR) Rally and Ecosystem Expansion
Since July 25, the price of Near Protocol (NEAR) has also displayed positive results, rising from $2.61 to $2.79 in one session. This occurred amid increasing institutional interest and trading volume. Potential resistance now sits between $2.83 and $2.90, while support is found at $2.61 and lower levels at $2.11. Current dynamics for NEAR may indicate the start of a longer trend provided the price level exceeds $2.90.
Key Takeaways from Current Trends
Both cryptocurrencies, Stellar and Near Protocol, display positive signals and real progress. While Stellar maintains around $0.44, NEAR continues its attempt to breach $2.90. These changes not only reflect trading amplitude but also indicate the overall strengthening of the cryptocurrency market.
Prices of Stellar (XLM) and Near Protocol (NEAR) continue to rise amid strengthening ecosystems and positive market sentiments. Analyzing current trends suggests market activity and possible future fluctuations in the cryptocurrency landscape.
