Based on today's classical pivot point (P1) with the value of $1.04, NEAR Protocol has support levels of $0.9083, $0.8412, and the strongest at $0.7126. Similarly, NEAR Protocol resistance levels are at $1.10, $1.23, and $1.30.
| # | Price | Strength |
|---|---|---|
| S1 | $0.9083 | |
| S2 | $0.8412 | |
| S3 | $0.7126 |
| # | Price | Strength |
|---|---|---|
| R1 | $1.10 | |
| R2 | $1.23 | |
| R3 | $1.30 |
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 Polkadot (DOT), Lido DAO Token (LDO), Bonk (BONK), Ethereum Classic (ETC) and Immutable X (IMX) and most negatively correlated with the price of Decred (DCR), Hyperliquid (HYPE), APENFT (NFT), Stacks (STX) and Morpho (MORPHO).
| Name | Correlation |
|---|---|
| Polkadot | 0.995 |
| Lido DAO Token | 0.994 |
| Bonk | 0.994 |
| Ethereum Classic | 0.994 |
| Immutable X | 0.993 |
| Name | Correlation |
|---|---|
| Decred | -0.545 |
| Hyperliquid | -0.415 |
| APENFT | 0.241 |
| Stacks | 0.263 |
| Morpho | 0.300 |
NEAR Protocol price is positively correlated with the top 10 coins by market cap with a price of 0.938, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.873.
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.
