NEAR Protocol surged 14% recently, driven by a $19.6 million increase in Total Value Locked (TVL), signaling growing investor confidence and healthy on-chain capital. However, despite this bullish momentum, spot market data shows more selling than buying, raising concerns about the sustainability of the rally. A structural supply gap above current prices could trigger a bearish pullback if selling intensifies, with potential support levels between $2.05 and $2.13. Positive momentum indicators like MACD and Chaikin Money Flow suggest further upside is possible, but the coming days will test NEAR's ability to maintain gains.
The CoinDesk 20 Index rose 5.9% since Friday, driven by strong gains in Bittensor (TAO), which surged 31.9%, and Near Protocol (NEAR), up 22.2%. All 20 assets in the index traded higher, with the smallest gains seen in Binance Coin (BNB) and Bitcoin ...
The CoinDesk 20 index fell 0.3% to 1711.6, with Ethereum (ETH) down 1% and Cronos (CRO) down 1.4%, marking them as the biggest decliners. Meanwhile, NEAR and ADA led gains with increases of 2.7% and 1.0%, respectively. The index reflects a broad rang...
NEAR token faced selling pressure, pulling back to the key $2.00 support level after a recent rally. Despite a 2.72% drop and lower trading volume, buyers defended this psychological floor, preventing a deeper decline. The price is consolidating with...
The CoinDesk 20 Index rose 1.6% to 1687.72, with all 20 constituent cryptocurrencies trading higher. Uniswap (UNI) led the gains with a 4.5% increase, followed by Solana (SOL) up 2.6%. The broad-based index reflects positive momentum across major cry...
