NEAR Protocol (NEAR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Distributed Software Platform has dropped 0.42% to $3.36.
Moderately VolatileInvestorsObserver gives NEAR Protocol a moderate volatility rank of 52, placing it in the top 48% of cryptos on the market.
The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. 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 favorably positioned going forward. With support near $3.25 and resistance at $3.44. This positions NEAR Protocol with room to run before facing selling pressures.