After closing the previous trading day at $1.93, NEAR is up to $1.96, which makes for a move of 1.71%/$0.033 today.
The MACD index is indicating that momentum is shifting from bearish to bullish following a positive crossover. When the MACD rises above the signal line, it is typically considered to be a bullish development favoring long positions.
Overall, looking at the technical analysis landscape, it seems NEAR Protocol might continue pointing upwards in the short term.
NEAR Protocol shows positive signs, other assets are also on par: Binance Coin surges 6.6% to trade around $327.88. Having closed the previous session at $1.24, FTX Token is up 9.54% today to currently trade at around $1.36. Having closed the previous session at $1.15, Tezos USD is up 4.15% today to currently trade at around $1.2.
NEAR Protocol is now trading 89.04% below the significant high of $17.58 it set around 11 months ago. NEAR Protocol is currently trading with a market cap of 1.70 billion with an average daily volume of 100.44 million.