Currently trading at $2, NEAR remains range-bound between $1.95 and $2.
NEAR's notable support and resistance levels: NEAR Protocol could be slowing down soon as it approaches resistance at $2.07. Of course, crossing it might suggest further gains are ahead. Trend analysis indicates that NEAR made an initial breakout above its 3 day Simple Moving Average at $1.98, a potential indicator of a newly emerging bullish phase.
Overall, the technical outlook suggests NEAR is likely to remain muted for the immediate future, with no clear-cut direction.
NEAR shows positive signs, other assets are also on par: having closed the previous session at $1.49, FTX Token is up 12.63% today to currently trade at around $1.68. Having closed the previous session at $14.03, Solana is up 4.46% today to currently trade at around $14.65. Algorand USD added 3.82% to its value, now trading at $0.271.
10 months ago NEAR reached a significant high of $20.2 but has consequently lost 90.28% since then. NEAR has a market cap of 1.66 billion with an average daily volume of 37.15 million.