NEAR is down 1.82%, trading at $2.19

NEAR drops from $2.23 to $2.19, losing $0.041 (1.82%) today.

NEAR Protocol chart analysis: NEAR Protocol could begin to recover as it approaches significant support, now 14 cents away from $2.05. Dipping below could be an indication that further losses are ahead. Trend-focused traders would be interested to note that investors are seeking long positions as NEAR price action surged above +100 — a key CCI threshold indicating an imminent bullish trend. NEAR is currently flirting with an active Fibonacci support level around $2.2. Asset volatility analysis shows that NEAR's upper Bollinger Band® is at $2.2 which indicates a further downward move may follow.

Notwithstanding NEAR Protocol's appreciation in recent days, the technical outlook suggests its bullish run is now fading.

Positive performances can be seen by looking at other markets as FTX Token added 9.54% to its value, now trading at $1.36. Ethereum goes up 3.77% to trade around $1,991.45. Dogecoin climbs 4% to trade around $0.087.

NEAR has fallen back around 87.24% over the past 11 months, from a notable high of $17.45. NEAR Protocol has a market cap of 1.93 billion with an average daily volume of 76.18 million.