NEAR Protocol is down to $1.96, after ending today at $2. Overall, a 1.95% loss or $0.043 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.
Overall, looking at the technical analysis landscape, it seems NEAR Protocol might start pointing upward in the short term.
In the meantime, negative performances are also seen in other markets, after ending today's session at $130.7, Bitcoin Cash lost $2.1 and is trading around $128.6.
Positive performances can be seen by looking at other markets as FTX Token is up 9.54%. Ripple is up 2.09%.
NEAR has a market cap of 1.69 billion with an average daily volume of 100.44 million.