NEAR cryptocurrency trades up $0.086, approximately 4.37% higher this afternoon

After closing the previous trading day at $1.97, NEAR Protocol is up to $2.06, which makes for a move of 4.37%/$0.086 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.

Other markets are also showing gains as Bitcoin gained 6.33% and is currently trading at $26,600. FTX Token jumps 9.54% to trade around $1.36. Litecoin is up 5.6%.

Having soared to a high of $17.58 approximately 11 months ago, NEAR Protocol is now trading 88.8% lower. NEAR has a market cap of 1.78 billion with an average daily volume of 100.44 million.