NEAR Protocol Price Targets $8 Comeback as Active Addresses Hit ATH

Quick Summary:

The falling NEAR price, backed by below-average volume, hints at a potential drop to $4 before a major reversal.

Since last weekend, the Near Protocol coin price has decreased from $5.94 to $5.11— a 13.9% fall.

The supply pressure in the broader market following the Bitcoin reversal from $70000 bolsters such correction in altcoins.

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets: India

Topics: NEAR Protocol price analysis Price Analysis NEAR

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-30 @ 20:40:17 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 424 words

Reading Time: 3 minutes read

Sentences: 42 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21862105

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 42 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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