NEAR cryptocurrency trades up $0.118, approximately 5.77% higher this afternoon

After closing the previous trading day at $2.04, NEAR is up to $2.16, which makes for a move of 5.77%/$0.118 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 shows positive signs, other assets are also on par: Bitcoin added 7.06% to its value, now trading at $25,900. FTX Token jumps 9.54% to trade around $1.36. Having closed the previous session at $127.19, Bitcoin Cash is up 6.1% today to currently trade at around $134.94.

NEAR Protocol reached a significant high of $17.58 around 11 months ago but has lost 88.38% since then. NEAR Protocol has a market cap of 1.87 billion with an average daily volume of 100.44 million.