NEAR Protocol (NEAR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Distributed Software Platform has lost 5.49% to $7.32.
InvestorsObserver is giving NEAR Protocol a 50 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 50, placing it in the top 50% of cryptos on the market.The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. NEAR's moderate volatility reading is coupled 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 trading near resistance. With support at $6.73 and resistance around $7.51. This leaves NEAR Protocol with potential selling pressures ahead as it may be getting over extended.