After closing the previous trading day at $2.08, NEAR Protocol is up to $2.13, which makes for a move of 2.22%/$0.046 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: FTX Token is up 9.54%. Binance Coin is up 1.14%. Bitcoin Cash increases 1.31% to trade around $133.32.
11 months ago NEAR reached a significant high of $17.58 but has consequently lost 88.16% since then. NEAR Protocol has a market cap of 1.84 billion with an average daily volume of 100.44 million.