NEAR Protocol (NEAR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Distributed Software Platform has lost 3.45% to $6.38.
InvestorsObserver is giving NEAR Protocol a 55 Volatility Rank. Find out what this means to you and get the rest of the rankings on NEAR Protocol!
Moderately Volatile
InvestorsObserver gives NEAR Protocol a moderate volatility rank of 55, placing it in the top 45% of cryptos on the market.The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. NEAR's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
NEAR Protocol price is in a favorable position going forward. With support set at $5.96 and resistance at $6.86. This positions NEAR Protocol with room to run before facing selling pressures.