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NEAR Protocol (NEAR) Receives a Neutral Rating Sunday: Is it Time to Jump Ship?

Sunday, March 13, 2022 04:54 PM | InvestorsObserver Analysts
NEAR Protocol (NEAR) Receives a Neutral Rating Sunday: Is it Time to Jump Ship?

NEAR Protocol (NEAR) gets a neutral rating from InvestorsObserver Sunday. The Distributed Software Platform asset is down 0.6% to $10.24 while the broader crypto market is down 1.04%.

Sentiment Score - ,
NEAR Protocol has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on NEAR Protocol!

Neutral

Over the last five days, NEAR Protocol has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of NEAR Protocol over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

NEAR Protocol is currently trading near its midpoint for the past five-days. The Distributed Software Platform asset is 13.90% off its five-day high and is 9.42% higher than its five-day low of $9.36.

NEAR Protocol price is trading near support. With support set around $10.16 and resistance at $10.53, has plenty of space before hitting resistance.

NEAR Protocol has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.

What is a coin?

A coin is a cryptocurrency that exists on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, what those payments are use for may vary from general use in the Digital Money sub-class to a more specific use in some other sub-classes.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on NEAR Protocol

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