Investing.com - Financial Markets Worldwide
🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

NEAR Market Optimism Expected To Hold Despite Weekly High

Published 01/05/2023, 08:25 AM
Updated 01/05/2023, 08:30 AM
NEAR Market Optimism Expected To Hold Despite Weekly High

  • Bulls pushed NEAR price up to a new intraweek high of $1.62.

  • Technical indicators suggest bull grip that has the upper hand

  • The NEAR market bears capitulate as bulls storm in.

By continuing upward, the price of NEAR Protocol (NEAR) disproved the prior downward trend that had taken it to $1.46. The day belonged to the bulls, who were successful in raising the price from yesterday’s closing level of $1.55 to today’s $1.58.

The market capitalization surged by 5.89% to $1,327,455,884, and the 24-hour trading volume increased by 106.35% to $300,388,446 as a result of this upturn. With investor demand driving prices higher in the NEAR market, this trend indicates that there is purchasing pressure.

The post NEAR Market Optimism Expected To Hold Despite Weekly High appeared first on Coin Edition.

See original on CoinEdition

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.