The $NEAR price surged above $3.50 on Friday, extending its rally inside a steep four-hour ascending channel.

Resistance is present at the channel high around $3.60, where the token finds resistance to more up-side movement. If the future #NEAR outlook confirmed, a breakout could be an opportunity to $4.00 and a further extension to $4.50

The MACD was bullish with the main line above the signal line at 0.270 and 0.163 respectively. The positive histogram also indicates that momentum is expected to continue.