NEAR Protocol's price has fallen nearly 45% from its May peak near $3, encountering a long-term descending resistance trendline that previously led to major crashes. Historical patterns suggest a possible further decline of about 37% toward $1.04. This bearish outlook is compounded by expectations of a Federal Reserve rate hike in September, which could tighten liquidity and pressure risk assets like NEAR. Investors should watch the $1.04 support level, which has historically triggered rebounds.
Near Protocol (NEAR) has fallen below critical support levels, including its 20-day, 100-day, and 200-day exponential moving averages, trading near $1.63. This breakdown follows a period of consolidation after a strong rally earlier in the year, indi...
Bitcoin dropped about 2% amid a sharp 11% plunge in South Korea's Kospi stock index, one of its worst days in years, shaking global risk assets. The U.S. Senate postponed the Crypto Clarity Act to focus on a Russia sanctions bill and federal nominati...
NEAR Protocol has become one of the first blockchains to implement a NIST-approved post-quantum signature scheme, enhancing its security against future quantum threats. Alongside this, it introduced dynamic resharding to enable automatic network scal...
