$NEAR Protocol Price Analysis
On Monday, May 12, NEAR Protocol saw a 1.77% rise, closing at $3.19 despite market volatility. The price dipped to an intraday low of $2.99 on Tuesday amid increased selling pressure but recovered slightly to end at $3.21.
Bearish momentum took hold on Wednesday, with NEAR dropping 4.94% to $3.05. The decline continued Thursday, with a nearly 6% fall to $2.87 after hitting an intraday low of $2.75. Selling pressure persisted on Friday, pushing NEAR down another 3% to $2.79.
Over the weekend, price action remained mixed. NEAR continued its downward trend on Saturday, falling nearly 4% to $2.68, but rebounded on Sunday with a 7% gain, closing at $2.86.
On Monday, the price hit an intraday low of $2.64 but recovered to $2.77, still marking a 3.35% loss. Tuesday brought a modest 1.33% increase, with NEAR settling at $2.80. In the current session, NEAR is down nearly 1%, as sellers aim to push the price below the 20-day simple moving average (SMA).
