Price Prediction
NEAR Protocol's Price Predicted to Continue Falling
NEAR Protocol's open interest has dropped 9.5% over the past 24 hours, coinciding with a 7.9% decline in the token's price to around $4.50. The drop in open interest suggests that derivatives exposure is shrinking, possibly due to traders closing positions or liquidation. NEAR has lost approximately 13.2% over the past seven days and is currently trading near its recent high of $5.86. The key support zone to monitor is the $4.50-$4.55 range, with a potential downside risk to the $4.29 level. A breakout above the $4.90-$5.00 range could indicate a recovery, potentially reaching $5.33-$5.45.