NEAR Eyes $6.50 After SVRN Acquires FastNEAR
- —NEAR bounced off $4.34 support and is nearing its October high of $5.55
- —SVRN announced the acquisition of FastNEAR, which processes billions of requests monthly
- —A break above $5.55 targets $6.50 and $8.00
- —A drop below $4.34 risks a decline to $3.50
Why it matters: The FastNEAR deal could strengthen NEAR's developer infrastructure, but the rally still hinges on holding the $4.34 support level.
Source: Coinpedia