CDS Crypto News NEAR Crypto Up 2.5% But High Volatility Persists
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NEAR Crypto Up 2.5% But High Volatility Persists

NEAR crypto has started to rise slightly after yesterday's decline.

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NEAR Crypto Up 2.5% But High Volatility Persists

Crypto News – In comparison to other cryptocurrencies, the volatility of the NEAR Protocol (NEAR crypto) has been comparatively average. On Sunday, the price had gone up 2.70% to $3.72 so far.

NEAR Crypto Up 2.5% But High Volatility Persists

NEAR Protocol (NEAR) has a medium-risk ranking, according to InvestorsObserver. Accordingly, the value of the NEAR Protocol that is being traded determines how quickly the price of the cryptocurrency can fluctuate. A medium rank indicates that there is still a lot of price fluctuation. Big moves will probably result in a rise in interest in trading the NEAR Protocol. However, price manipulation is less likely to occur.

NEAR Has a Medium Risk, InvestorsObserver Says

With a moderate volatility value of 51 from InvestorsObserver, NEAR Protocol is ranked in the top 49% of cryptocurrencies available. As per the analysis conducted by the Volatility Gauge, it can be inferred that the rank is indicative of its recent trends and is not significantly impacted by an abrupt increase or decrease in volatility. The Risk/Reward Gauge‘s low reading corresponds with NEAR’s moderate volatility reading. The coin is thus well-insulated from price manipulation and experiences only mild price movements.

In the long run, NEAR Protocol pricing is well positioned. Resistance is close to $3.86, while support is at $3.45. NEAR Protocol will have more time to grow before sales pressures arise as a result.

NEAR Crypto Up 2.5% But High Volatility Persists
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lectertodd

Lectertodd is 27 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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