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Price Analysis: Cryptocurrency NEAR Protocol Price Down More Than 3% Within 24 Hours

Price Analysis: Cryptocurrency NEAR Protocol Price Down More Than 3% Within 24 Hours

The price of NEAR Protocol (NEAR) has decreased 3.27% over the past 24 hours to $3.37. 

NEAR Price Chart | Source: Coinstats

 

This is contrary to the coin’s performance over the past week where NEAR Protocol (NEAR) has experienced an up-trend of 5.0%, moving from $3.22 to its current price.

See Also: Price Analysis: Cryptocurrency Optimism (OP) Price Rises More Than 3% In 24 Hours

The chart below compares the price movement and volatility for NEAR Protocol (NEAR) over the past 24 hours (left) to its price movement over the past week (right). 

NEAR Price and Volatility Chart

 

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. 

The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has fallen 11.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has decreased 0.15%. 

NEAR Circulating Supply and Trading Volume

 

This brings the circulating supply to 1.04 billion. 

According to our data, the current market cap ranking for NEAR is #35 at $3.51 billion.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

 

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Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.