The price of NEAR Protocol (NEAR) has been facing headwinds recently, showing a significant 25% drop over the past month. Despite forming a bullish chart pattern, a series of technical and market indicators suggest that NEAR may be headed towards its 2024 low of $2.450 rather than experiencing a breakout.
Nvidia has surpassed Apple in market capitalization, reaching a historic $3.43 trillion valuation. This milestone is evidence of Nvidia's leadership in the artificial intelligence industry, which has also led to a significant increase in the number of AI themed cryptocurrencies.
Hedera was also among the top performers, rising 4.1% from Monday.
NEAR is at pivotal price point right now, and the next few days could be key.
American statistician and writer Nate Silver on Friday described the 2024 U.S. presidential race is described as "a near coin flip," with Donald Trump narrowly leading Kamala Harris . What Happened: As of Oct. 31, Silver's forecast gives Trump a slight edge with a 53.4% chance of winning, compared to Harris's 46.2%.
NEAR Protocol (NEAR) is currently capturing the attention of traders and investors. After enduring a challenging month, NEAR has recently demonstrated signs that it might be poised for a significant upward movement.
NEAR tumbles to $4.55 after underperformance, but experts see a 225% rally ahead.
NEAR will likely trend lower in the coming days, but bulls can rescue it soon.
Near Protocol token remains in a strong bear market after falling by almost 50% from its highest level this year. Near (NEAR) was trading at $4.62 on Oct. 24, as Bitcoin (BTC) and most altcoins remained under pressure.
The cryptocurrency landscape is always changing, and one altcoin that has recently caught the attention of traders is NEAR Protocol (NEAR). With its eyes set on a price target of $5.8, NEAR has been showing signs that it may be gearing up for a significant movement.
NEAR near-term price action is contingent on a few things working out.
Bitcoin (BTC) is currently heading higher. All eyes will be on the number one cryptocurrency as it paves the way for the crypto sector.
As of Q3 2024, CryptoRank stated that 3 million addresses were active every day on NEAR Protocol, making it a major player in the blockchain world. This huge number is higher than both Tron (2 million daily active addresses) and Solana (2.4 million daily active addresses) during the same time period.
Amid the recent volatility in the altcoin market, the Near Protocol shows a bearish reversal gaining momentum. With a bearish engulfing candle turning the tides, crucial supports are at risk. Will the bearish cycle in this altcoin result in a crash below $4 for an extended crash? Find out more about our NEAR price analysis.
As the AI crypto sector continues to grow, will NEAR form a bullish leg?
Researchers found a vulnerability in NEAR's peer-to-peer networking protocol that could have crashed any node, but it was patched before an attacker could discover it.
AI coins have witnessed significant price gains alongside the Nvidia stock, which hit a six-week high with recent bullish developments for the company. These coins have a positive price correlation with the NVDA stock and could continue to rally with the tech company expected to make some bullish announcements at its summit which began today.
The NEAR protocol, a layer-one blockchain, is emerging as an advanced solution to address the main challenges in the cryptocurrency field, such as slow transactions and poor interoperability between different chains. Currently, NEAR is priced at $5.22 and has a market capitalization of $6.
The altcoin market is showing signs of a potential bullish breakout, with Chainlink hinting at a market upswing.
NEAR price action makes for one of the most robust altcoins in the crypto market right now. The NEAR protocol has been making significant strides in the blockchain space, and recent developments highlighted by the On-chain analytics platform Our Network suggests that NEAR is ready to hit $10 by the end of the year.
An analyst has identified a bearish pattern on the USDT dominance chart which now signals an impending rally for the altcoin market
AI and big data tokens lose ground, with NEAR suffering the biggest hit amid a broader market decline.
AI and big data tokens lose ground, with NEAR suffering the biggest hit amid a broader market decline.
With BTC's price holding its value above the $64k level, the market has experienced increased bullish action. Moreover, the memecoin and AI categories have recorded the highest gains within a short period.
NEAR Protocol has seen remarkable bullish momentum over the past two weeks, with its price surging by more than 50%. Despite facing resistance at a key price level, the altcoin remains well-positioned for further gains.
NEAR Protocol has been one of the standout performers in the crypto market recently, posting remarkable gains and drawing the attention of investors. Over the past week, NEAR has surged by 34.5%, and it continued this momentum with a 12% increase in just the last 24 hours, as reported by Coin Market Cap.
Uniswap joined NEAR Protocol as top performer, gaining 3.9%.
A crypto strategist closely followed for well-timed altcoin predictions thinks one Ethereum (ETH) challenger is ripe to ignite big upside bursts. Pseudonymous analyst Bluntz tells his 275,500 followers on the social media platform X that Near (NEAR) has taken out the diagonal resistance of a falling wedge pattern on the three-day chart.
Near Protocol (NEAR) has been making significant strides in the cryptocurrency market, thanks to its unique features such as high transaction speeds, low fees, and a commitment to climate neutrality. Currently trading at approximately $5.17, NEAR has attracted considerable attention from investors seeking promising opportunities.
NEAR's recent rally has catapulted it to the forefront of the week's top-performing cryptocurrencies.
Check out which cryptocurrencies were involved in the most discussions on September 23.
NEAR extends its 50% gain as user activity, network TVL and a critical network upgrade boost interest in the blockchain.
Artificial intelligence cryptos stole the show today as Bitcoin retraced from the crucial resistance at $64K. The total market capitalization of all AI digital assets increased by 10.7% in the past day to $29.9 billion, with 24-hour trading volume above $2.5 billion, according to CoinGecko data.
Bitcoin remained steady above $63,000 on Tuesday, showing resilience after a brief rejection above $64,000. Despite minor fluctuations in the broader cryptocurrency market, Bitcoin held firm, while altcoins like Cardano and NEAR Protocol surged, leading gains by up to 7%. In the past 24 hours, Bitcoin dipped slightly by 0.2%, trading around $63,400.
NEAR Protocol is currently one of the top performers in the market, with bulls aiming to capitalize on the uptrend to break through a key psychological barrier.
STX and ICP are the other notable gainers within the past day.
As Bitcoin bears continue to defend the resistance at 200-day MA, some altcoins display strength. Ethereum trades at $2,612 while the BinanceCoin price crosses $600. Besides, Solana, XRP, Dogecoin, and Cardano consolidate below their respective resistances at $150, $0.6, $0.12, and $0.4.
The crypto market teases a bull market ahead, with the Bitcoin price rejecting targets below $63,000 and aiming for a breakout rally to surpass $64K. Amid such conditions, the social engagement of AI crypto tokens, gaming tokens, and meme coins is rising. Based on Lunar Crush's top coins, TAO ranks among the top AI tokens.
The Bitcoin dominance chart has formed a rising wedge pattern and could have topped out under the resistance at 60%.
Near Protocol (NEAR) finds itself at a pivotal juncture. As the market experiences a flurry of activity, NEAR is positioning itself for a potential surge towards $8.5, even while grappling with significant resistance levels.
NEAR Protocol (NEAR) price has experienced a significant increase following a positive market movement. The NEAR is currently on an upward trajectory.
Artificial intelligence-related cryptocurrencies have recorded impressive gains after Nvidia teamed up with Alibaba. According to data provided by CoinGecko, AI tokens recorded a 5.9% surge over the past day.
NEAR is at a crossroad but has a better tendency of rallying.
NEAR Protocol (NEAR), a layer-one blockchain, has experienced a significant uptick in its market value recently. This surge indicates potential for further increases as the asset continues to exhibit a bullish trend.
NEAR Protocol [NEAR], one of the standout altcoins in the crypto space, has captured investor attention once again with a significant surge in both price and activity. At press time, NEAR was trading at $4.47, having gained an impressive 12% in just a short period.
63% of NEAR traders on Binance have opened long positions, showing a bullish bias.
Uniswap, up 3.3%, also lead gainers in overnight trading.