NEAR Protocol (NEAR) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the Distributed Software Platform has added 6.56% to $10.21.
InvestorsObserver is giving NEAR Protocol a 21 Volatility Rank. Find out what this means to you and get the rest of the rankings on NEAR Protocol!
Low Volatility
InvestorsObserver gives NEAR Protocol a low volatility rank of 21, placing it in the bottom 21% of cryptos on the market.The Volatility Gauge tracks the previous 60 days, meaning that one day won't make or break the score. NEAR's low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
NEAR Protocol price is trading above resistance. With support around $9 and resistance set at $10.11. This leaves NEAR Protocol out of range and potentially in a volatile position if the rally burns out.