NEAR Protocol (NEAR) is currently trading at $1.84, reflecting a notable 7.97% increase over the past 24 hours. The daily price range has been relatively narrow, with a high of $1.89 and a low of $1.71, indicating a stable market environment.

Volume for NEAR stands at approximately $294.96 million, with a volume-to-market cap ratio of 12.46%. This volume suggests healthy trading activity, which supports the recent upward price momentum and indicates sustained interest from investors.

The short-term moving averages are showing bullish signs, with the 8 SMA at $1.83 (+0.29%) and the 13 SMA at $1.82 (+1.35%), both indicating upward trends. The longer-term averages, such as the 55 SMA at $1.73 (+6.26%) and the 144 SMA at $1.71 (+7.61%), further corroborate a strengthening bullish sentiment.

The 1-hour Relative Strength Index (RSI) is at 67, nearing overbought territory, while the 7-day RSI is at 54, suggesting a balanced market condition. The price changes over the last 7, 14, and 30 days show significant positive movement, with increases of approximately 4.07%, 21.74%, and 13.39%, respectively, reflecting strong bullish momentum.

Despite the positive trends, NEAR is still trading significantly below its all-time high of $20.44 reached in January 2022. This large gap indicates substantial potential for growth should the market conditions continue to favor NEAR.

Given the combination of strong recent price performance, bullish moving averages, and healthy trading volume, the current market sentiment for NEAR appears positive. However, the high 1-hour RSI suggests a short-term caution for potential pullbacks.

Overall, the analysis leads to a Buy rating for NEAR Protocol. The strong momentum and trading volume coupled with positive price changes indicate a favorable opportunity for traders looking to capitalize on the upward trend in the near term.