NEAR is down 0.79%, trading at $1.97

Slightly weaker but mostly flat: NEAR is currently trading at $1.97 as it maintains an active range between $1.96 and $2.03.

Technical analysis trend indicators suggest that despite being in the red so far in the current trading session, NEAR Protocol peaked above its 21 day Simple Moving Average around $2 — typically an early indicator of a new bullish trend beginning to emerge. Analysis based on the asset volatility indicates that NEAR's upper Bollinger Band® is at $2.07 which indicates a further downward move may follow. Technical analysis of NEAR Protocol's past price action reveals multiple support and resistance levels: NEAR could begin to recover as it approaches significant support, now 2 cents away from $1.96. Dipping below could be an indication that further losses are ahead.

Overall, while NEAR has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.

In the meantime, negative performances are also seen in other markets, after ending today's session at $0.085, Dogecoin lost $0.003 and is trading around $0.083. After ending today's session at $1.14, Tezos USD lost $0.042 and is trading around $1.09.

Other assets are showing positive performances as FTX Token gained 9.54% and is now trading at $1.36.

11 months ago NEAR reached a significant high of $17.57 but has consequently lost 88.69% since then. NEAR is currently trading with a market cap of 1.71 billion with an average daily volume of 92.10 million.