NEAR Recovers Slightly After Weekend Drop as Buyers Step Up -Breaking
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NEAR Recovers a Bit After Weekend Drop, Buyers Step up- NEAR Protocol (NEAR) recovers after a huge dip.
- NEAR’s price currently stands at $11.90, or 0.0003088 BTC, after a 1.11% drop.
- NEAR’s weekend price drop was followed by a lot of buy trade volume during the two days after the drop.
NEAR Protocol (NEAR) has made it onto CoinMarketCap’s top 50 coins list in terms of market cap. It is currently ranked 19th. This puts it behind Dai(DAI), and Cronos (CRO), in the 20th.
NEAR’s price currently stands at $11.90, or 0.0003088 BTC, after a 1.11% drop over the last 24 hours. In the last week, NEAR’s value has fallen by 20.27%. NEAR’s highest price in the last 24 hours was $12.17.
NEAR’s trading volume is $1,035,557.397. This represents a 12.20% decrease in trading volume from yesterday. NEAR’s market cap is currently $8,046,876,158 and the current supply of NEAR in circulation is 676,076,114.00 NEAR.
NEAR price is waiting for confirmation of directional movement (Source : TradingView).
NEAR/USDT’s daily chart shows the price at a neutral level. The 50 and 100 EMA are expected to cross in order to create a bearish signal. However, the gradient of the histogram changes to positive.
NEAR’s price dropped quite a bit over the weekend. Bulls seem to have capitalized on this price drop and bought NEAR at $10, which is the key price point for NEAR. Buy trade volume was a result of the weekend’s price fall. The market was flooded with NEAR buy orders the next day (yesterday), and the flow of NEAR buy orders continued into today.
Although there have been buy orders for NEAR in recent days, the price is still relatively stable over the past 2 days.
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