NEAR cryptocurrency trades up $0.014, approximately 0.71% higher this afternoon

After closing the previous trading day at $1.93, NEAR Protocol is up to $1.94, which makes for a move of 0.71%/$0.014 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: FTX Token jumps 9.54% to trade around $1.36. Tezos USD is up 3.39%. Litecoin is up 2.79%.

11 months ago NEAR Protocol reached a significant high of $17.58 but has consequently lost 89.04% since then. NEAR Protocol is currently trading with a market cap of 1.68 billion with an average daily volume of 100.44 million.