The latest price of NEAR Protocol (NEAR) is 4.76 USD, with a fluctuation of -4.49% in the last 24 hours. Although it has slightly decreased, don't worry, we will see if this is a golden opportunity to "collect" or not!
1. NEAR Trend: Recovery or Correction?
âą Current price: 4.76 USD đ
âą ATH (All-Time High): $20.44, down more than 76.7% from the peak.
âą NEAR is currently in a correction, but this could be a âbargain buying opportunityâ if you are a long-term investor! đ
2. RSI â Overbought or Oversold?
âą RSI is at neutral level, the market is neither overbought nor oversold. This can be a good sign if you want to enter a new position without worrying about chasing the top! đ
3. Trading Volume: What Does Volume Say?
âą NEAR's 24-hour trading volume is at $332 million. Cash flow remains stable, showing that interest in NEAR is still quite large from large investors. đ°
4. Market Psychology: Hype or Fear?
âą Although the general market is a bit âfearfulâ, NEAR still maintains its position in the top 30 with a capitalization of 5.7 billion USD. The strong development team and DeFi projects on NEAR are attracting a lot of attention from the community. đ
5. Probability Analysis: Hold or Sell?
âą Short-term prediction: If NEAR holds $4.50, it could bounce towards $5.00 in the short term. However, if the price continues to decline, keep a close eye on the support levels below $4.50.
Summary: Should You âPourâ NEAR?
âą Short term: This could be a good opportunity to buy when NEAR corrects, but remember to set stop-loss to protect capital.
âą Long term: With strong technology and many projects developing on the NEAR platform, this could be a potential hodl option if you believe in the future of layer 1 blockchain.
đĄ Final advice: Manage your capital carefully, never FOMO into the market without a plan! đ
đ Comment your favorite token below the article for Crypto&Ai to analyze for FREE!
