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, indicating a shift from buyer to seller dominance. Momentum indicators like the RSI suggest increasing selling pressure, while trading volume remains subdued, pointing to fading buying interest rather than panic selling. If NEAR fails to reclaim support between $1.82 and $1.88, further declines toward $1.50 and possibly $1.30 could occur, maintaining a bearish outlook for the near term.
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. Th...
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...
