NEAR Protocol (NEAR)
NEAR has been experiencing significant price movements recently. In the past week, its price has seen a slight drop of -0.9182%, hovering in the range of $6.17 to $7.46. In contrast, the past month has seen a strong increase of 73.71%, indicating bullish momentum. However, looking at the past six months, the price of NEAR has dropped by -8.25%, reflecting some long-term volatility.
Technical indicators are showing mixed signals. The Relative Strength Index (RSI) is at 51.29, suggesting a neutral market sentiment. The MACD level is at -0.0731, indicating possible bearish trends. The 10-day and 100-day Simple Moving Averages are at $6.67 and $6.89, respectively, showing that the current price is hovering around these averages.
Looking ahead, NEAR faces a resistance level at $8.01. If it breaks above this point, the next target could be $9.30, which would represent an increase of around 24% from the current upper range. On the downside, the closest support is at $5.42. A drop below this could lead to the second support at $4.12, a drop of around 33% from the current lower range. These levels could play a crucial role in the direction of NEAR’s price.#BecomeCreator
