4 hours ago
NEAR Protocol exhibited pronounced bullish momentum implicit the past 24 hours, ascending from $2.60 to $2.68.
NEAR is present up by 8% implicit the past fewer days having surged by 45% since Jun 17. The determination reflects optimism crossed the wider altcoin ecosystem, with information points suggesting sustained upside.
A broader artificial quality (AI) token rally has propelled the sector's aggregate marketplace capitalization to $33.64 billion.
Fund manager Bitwise besides published connected station connected X astir however the Near Protocol would usage "billions of AI agents" to negociate superior and execute trades, adding substance to Wednesday's rally.
Technical Indicators Highlight Trading Patterns
- Overall trading scope reached $0.16 representing 5.89% of the trading scope during the 24-hour play nether examination.
- High-volume surge of 5.81 cardinal tokens occurred astatine 16 July 14:00, importantly exceeding the 24-hour mean of 2.55 cardinal tokens.
- Key absorption emerged astatine $2.70-$2.72 levels wherever terms reversed connected elevated measurement during highest trading hours.
- Support consolidated astir $2.56-$2.62 with aggregate palmy retests passim the trading session.
- The last 60 minutes from 16 July 15:06 to 16:05 demonstrated a diminution from $2.71 to $2.68 representing a 1.11% driblet with a $0.05 intraday range.
- Sharp sell-off play featured elevated measurement spikes exceeding 230,000 tokens astatine 15:16 and 15:36 during the consolidation phase.
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