NEAR is trading around $1.8, down by $0.039 (2.1%)

NEAR drops from $1.84 to $1.8, losing $0.039 (2.1%) today.

NEAR Protocol reversed direction at $1.82 support zone and climbed 2 cents above it. A Morning Star, which is a bullish visual pattern consisting of three candlesticks. The pattern forms following a downward trend and tends to indicate a reversal before the start of a new upward climb. NEAR Protocol's lower Bollinger Band® is at $1.65, indicating that the asset has overextended to the downside and could, therefore, bounce back as buyers look for bargains.

Overall, looking at the technical analysis landscape, it seems NEAR Protocol —which is currently on a downtrend— might reverse course and start pointing upward in the short term.

In the meantime, negative performances are also seen in other markets, Ripple is down to $0.453, losing $0.012, after closing at $0.465 in the preceding trading session. Cardano is down $0.01 from the beginning of the session and now trades around $0.381.

Positive performances can be seen by looking at other markets as FTX Token surges 9.54% to trade around $1.36.

Having soared to a high of $13 approximately 11 months ago, NEAR is now trading 85.86% lower. NEAR Protocol is currently trading with a market cap of 1.61 billion with an average daily volume of 103.42 million.