Based on today's classical pivot point (P1) with the value of $1.17, NEAR Protocol has support levels of $1.13, $1.09, and the strongest at $1.05. Similarly, NEAR Protocol resistance levels are at $1.20, $1.24, and $1.27.
| # | Price | Strength |
|---|---|---|
| S1 | $1.13 | |
| S2 | $1.09 | |
| S3 | $1.05 |
| # | Price | Strength |
|---|---|---|
| R1 | $1.20 | |
| R2 | $1.24 | |
| R3 | $1.27 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 12.40 | BUY |
| Stoch RSI (14) | 5.23 | BUY |
| Stochastic Fast (14) | 8.47 | BUY |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 31.93 | SELL |
| Awesome Oscillator (5, 34) | -0.27 | NEUTRAL |
| Momentum (10) | -0.34 | NEUTRAL |
| MACD (12, 26) | -0.04 | NEUTRAL |
| Williams Percent Range (14) | -91.53 | BUY |
| Ultimate Oscillator (7, 14, 28) | 38.52 | NEUTRAL |
| VWMA (10) | 1.35 | SELL |
| Hull Moving Average (9) | 1.26 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 1.51 | NEUTRAL |
Over the past 7 days, NEAR Protocol price was most positively correlated with the price of Bonk (BONK), Polkadot (DOT), Lido DAO Token (LDO), Aptos (APT) and Ethereum Name Service (ENS) and most negatively correlated with the price of Decred (DCR), Hyperliquid (HYPE), Morpho (MORPHO), Stacks (STX) and Kaia (KAIA).
| Name | Correlation |
|---|---|
| Bonk | 0.993 |
| Polkadot | 0.993 |
| Lido DAO Token | 0.992 |
| Aptos | 0.992 |
| Ethereum Name Service | 0.992 |
| Name | Correlation |
|---|---|
| Decred | -0.559 |
| Hyperliquid | -0.405 |
| Morpho | 0.081 |
| Stacks | 0.121 |
| Kaia | 0.162 |
NEAR Protocol price is positively correlated with the top 10 coins by market cap with a price of 0.931, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.858.
Currencies that are positively correlated with NEAR Protocol indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with NEAR Protocol, a move in one direction for NEAR Protocol would translate into a move in the opposite direction for the negatively correlated coin.
