NEAR is down 4.48%, trading at $2.03

NEAR Protocol is down to $2.03, after ending today at $2.12. Overall, a 4.48% loss or $0.095 today.

Despite drifting lower in the trading session, the short-term outlook has turned positive after the MACD moved above its signal line — typically a bullish indicator.

Despite suffering losses in today's session, technical analysis is indicating that NEAR Protocol will undergo a significant bounce in the immediate term.

In the meantime, negative performances are also seen in other markets, Litecoin is down to $81.63, losing $2.69, after closing at $84.33 in the preceding trading session. Cosmos USD is trading around $12.47 (down $0.6).

Positive performances can be seen by looking at other markets as having closed the previous session at $1.24, FTX Token is up 9.54% today to currently trade at around $1.36.

NEAR Protocol has fallen back around 87.92% from the significant high of $17.58 set 11 months ago. NEAR is currently trading with a market cap of 1.76 billion with an average daily volume of 100.44 million.