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Latest news with #NEAR

NEAR Struggles to Break Free From Bearish Momentum Despite Support
NEAR Struggles to Break Free From Bearish Momentum Despite Support

Yahoo

time8 hours ago

  • Business
  • Yahoo

NEAR Struggles to Break Free From Bearish Momentum Despite Support

NEAR Protocol has been caught in the crosscurrents of global economic uncertainty, with its price action reflecting broader market turbulence as investors navigate complex geopolitical developments. The cryptocurrency experienced significant volatility over the past 24 hours, establishing a trading range between $2.38 and $2.49. The token's performance mirrors the tension in traditional markets, where escalating US-China trade disputes threaten global supply chains and create particular uncertainty for technology-focused assets like NEAR. Meanwhile, the European Central Bank's signals toward potential rate cuts amid slowing inflation provide a mixed outlook for digital assets as monetary policy shifts across major economies. Adding to the market complexity, intensifying Middle East conflicts have triggered new sanctions affecting oil prices, further contributing to the market volatility reflected in NEAR's price fluctuations. High-volume support zone formed around $2.38-$2.40, with consistent buyer intervention during the 09:00-11:00 timeframe on above-average volume exceeding 2.5 million units. Descending resistance trendline established after reaching $2.481 at 01:00, indicating persistent bearish momentum despite recovery attempts. Bullish surge from $2.399 to $2.439 (1.67% gain) in the final hour, with a notable resistance breakthrough at $2.420 followed by consolidation near $2.435. Sharp pullback to $2.399 at 14:00 before recovering to $2.414, suggesting strong buying interest at the $2.400 support level. Price stabilization within a narrower range indicates potential continuation of upward movement if volume support remains strong. Disclaimer: Parts of this article were created using AI. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

CoinDesk 20 Performance Update: NEAR Drops 5.4% as Almost All Assets Trade Lower
CoinDesk 20 Performance Update: NEAR Drops 5.4% as Almost All Assets Trade Lower

Yahoo

time3 days ago

  • Business
  • Yahoo

CoinDesk 20 Performance Update: NEAR Drops 5.4% as Almost All Assets Trade Lower

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3130.42, down 1.7% (-54.58) since 4 p.m. ET on Thursday. One of 20 assets are trading higher. Leaders: BCH (+0.5%) and BTC (-0.2%).Laggards: NEAR (-5.4%) and DOT (-5.3%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

CoinDesk 20 Performance Update: Uniswap (UNI) Gains 6.2%, Leading Index Higher
CoinDesk 20 Performance Update: Uniswap (UNI) Gains 6.2%, Leading Index Higher

Yahoo

time4 days ago

  • Business
  • Yahoo

CoinDesk 20 Performance Update: Uniswap (UNI) Gains 6.2%, Leading Index Higher

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3264.85, up 2.0% (+63.87) since 4 p.m. ET on Wednesday. Nineteen of 20 assets are trading higher. Leaders: UNI (+6.2%) and NEAR (+5.7%).Laggards: AAVE (+0.0%) and BTC (+1.2%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

CoinDesk 20 Performance Update: Index Gains 4.5% with All Assets Trading Higher
CoinDesk 20 Performance Update: Index Gains 4.5% with All Assets Trading Higher

Yahoo

time23-05-2025

  • Business
  • Yahoo

CoinDesk 20 Performance Update: Index Gains 4.5% with All Assets Trading Higher

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3347.55, up 4.5% (+143.83) since 4 p.m. ET on Wednesday. All 20 assets are trading higher. Leaders: AVAX (+11.2%) and NEAR (+7.9%).Laggards: SUI (+2.4%) and XRP (+2.5%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

CoinDesk 20 Performance Update: NEAR Drops 5.7% as Index Trades Lower From Wednesday
CoinDesk 20 Performance Update: NEAR Drops 5.7% as Index Trades Lower From Wednesday

Yahoo

time15-05-2025

  • Business
  • Yahoo

CoinDesk 20 Performance Update: NEAR Drops 5.7% as Index Trades Lower From Wednesday

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3216.65, down 2.4% (-79.51) since 4 p.m. ET on Wednesday. None of the 20 assets are trading higher. Leaders: BTC (-0.9%) and LTC (-1.8%).Laggards: NEAR (-5.7%) and POL (-5.6%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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