{"id":26694,"date":"2024-08-14T17:30:55","date_gmt":"2024-08-14T14:30:55","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=26694"},"modified":"2024-08-14T12:09:25","modified_gmt":"2024-08-14T09:09:25","slug":"near-coin-analysis-bearish-momentum-ahead","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/","title":{"rendered":"NEAR Coin Analysis: Bearish Momentum Ahead?"},"content":{"rendered":"

The price<\/a> of NEAR Protocol<\/strong> increased by 5.86% over 24 hours to $4.26. Having gained a 15.0% increase from $3.73 to its present price during the past week, this continues its favorable trend. Right now, the coin’s all-time high is $20.44.<\/p>\n

The price movement and volatility for NEAR Protocol<\/strong> over the previous 24 hours (left) are compared below with its price movement over the past week (right). Measurement of the volatility for daily and weekly price fluctuations: the gray bands are Bollinger bands. The volatility increases with wider bands or more gray areas at any one moment.<\/p>\n

\"\"
Source: Benzinga<\/figcaption><\/figure>\n

Moving in line, directionally, with the total circulating supply of the coin, which has dropped 0.87%, the trading volume for the coin has dropped 47.0% during the past week. This brings the 1.11 billion circulating supply.<\/p>\n

 <\/p>\n

\"\"
NEAR’s last 1-month price chart Source: CoinGecko<\/figcaption><\/figure>\n

The recent price swings of NEAR<\/strong> highlight the strength of the bearish trend, even in sporadic, brief recovery. The general direction stays down despite these little fluctuations, indicating continuous bearish momentum. It emphasizes the need for closely observing important resistance and support levels since these will give vital information about possible price reversals or more losses.<\/p>\n

Given the bearish wedge pattern’s continuing impact on NEAR’s<\/strong> price behavior, traders should exercise caution. This trend implies ongoing downward pressure; hence, traders must be alert and base their judgments on market dynamics to ensure correct behavior. Monitoring these important levels helps traders better negotiate the price swings of NEAR<\/strong> and control their assets.<\/p>\n

 <\/p>\n

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0Telegram,\u00a0<\/strong><\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for\u00a0<\/em>the latest\u00a0news<\/a> and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The price of NEAR Protocol increased by 5.86% over 24 hours to $4.26. Having gained a 15.0% increase from $3.73 to its present price during the past week, this continues its favorable trend. Right now, the coin’s all-time high is $20.44. The price movement and volatility for NEAR Protocol over the previous 24 hours (left)<\/p>\n","protected":false},"author":6,"featured_media":26698,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,2],"tags":[479,7874,3098,7875],"class_list":["post-26694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coin-analysis","category-news","tag-near","tag-near-analysis","tag-near-protocol","tag-near-protocol-analysis"],"yoast_head":"\nNEAR Coin Analysis: Bearish Momentum Ahead? - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NEAR Coin Analysis: Bearish Momentum Ahead? - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"The price of NEAR Protocol increased by 5.86% over 24 hours to $4.26. Having gained a 15.0% increase from $3.73 to its present price during the past week, this continues its favorable trend. Right now, the coin’s all-time high is $20.44. The price movement and volatility for NEAR Protocol over the previous 24 hours (left)\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-14T14:30:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-14T09:09:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/e196996f8ae34464b849c4b6e0ea9112.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/\",\"name\":\"NEAR Coin Analysis: Bearish Momentum Ahead? - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/e196996f8ae34464b849c4b6e0ea9112.png\",\"datePublished\":\"2024-08-14T14:30:55+00:00\",\"dateModified\":\"2024-08-14T09:09:25+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\"},\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/e196996f8ae34464b849c4b6e0ea9112.png\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/e196996f8ae34464b849c4b6e0ea9112.png\",\"width\":1600,\"height\":900,\"caption\":\"NEAR Protocol\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NEAR Coin Analysis: Bearish Momentum Ahead?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\",\"name\":\"Tanju Akb\u0131y\u0131k\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"caption\":\"Tanju Akb\u0131y\u0131k\"},\"url\":\"https:\/\/coinengineer.net\/blog\/author\/cetanju\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"NEAR Coin Analysis: Bearish Momentum Ahead? - Coin Engineer","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/","og_locale":"en_US","og_type":"article","og_title":"NEAR Coin Analysis: Bearish Momentum Ahead? - Coin Engineer","og_description":"The price of NEAR Protocol increased by 5.86% over 24 hours to $4.26. Having gained a 15.0% increase from $3.73 to its present price during the past week, this continues its favorable trend. Right now, the coin’s all-time high is $20.44. The price movement and volatility for NEAR Protocol over the previous 24 hours (left)","og_url":"https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/","og_site_name":"Coin Engineer","article_published_time":"2024-08-14T14:30:55+00:00","article_modified_time":"2024-08-14T09:09:25+00:00","og_image":[{"width":1600,"height":900,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/e196996f8ae34464b849c4b6e0ea9112.png","type":"image\/png"}],"author":"Tanju Akb\u0131y\u0131k","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tanju Akb\u0131y\u0131k","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/","url":"https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/","name":"NEAR Coin Analysis: Bearish Momentum Ahead? - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/e196996f8ae34464b849c4b6e0ea9112.png","datePublished":"2024-08-14T14:30:55+00:00","dateModified":"2024-08-14T09:09:25+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546"},"breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/e196996f8ae34464b849c4b6e0ea9112.png","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/e196996f8ae34464b849c4b6e0ea9112.png","width":1600,"height":900,"caption":"NEAR Protocol"},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/near-coin-analysis-bearish-momentum-ahead\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"NEAR Coin Analysis: Bearish Momentum Ahead?"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546","name":"Tanju Akb\u0131y\u0131k","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","caption":"Tanju Akb\u0131y\u0131k"},"url":"https:\/\/coinengineer.net\/blog\/author\/cetanju\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/26694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=26694"}],"version-history":[{"count":1,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/26694\/revisions"}],"predecessor-version":[{"id":26703,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/26694\/revisions\/26703"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/26698"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=26694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=26694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=26694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}