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0R15 7172.0 0.0% 0R1E 10080.0 0.0% 0M69 None None% 0R2V 202.34 -1.7767% 0QYR 1608.0 0.0% 0QYP 374.2 0.0% 0RUK None None% 0RYA 1551.0 -2.2684% 0RIH 152.0 -2.8754% 0RIH 150.0 -1.3158% 0R1O 177.19 9732.9634% 0R1O None None% 0QFP 10450.0 107.3413% 0M2Z 262.5 -5.303% 0VSO 35.605 -20.418% 0R1I None None% 0QZI 543.5 -7.4106% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 154.0 -4.9207%
0R15 7172.0 0.0% 0R1E 10080.0 0.0% 0M69 None None% 0R2V 202.34 -1.7767% 0QYR 1608.0 0.0% 0QYP 374.2 0.0% 0RUK None None% 0RYA 1551.0 -2.2684% 0RIH 152.0 -2.8754% 0RIH 150.0 -1.3158% 0R1O 177.19 9732.9634% 0R1O None None% 0QFP 10450.0 107.3413% 0M2Z 262.5 -5.303% 0VSO 35.605 -20.418% 0R1I None None% 0QZI 543.5 -7.4106% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 154.0 -4.9207%

Home » Technical Analysis Reports » Crypto Report

Crypto Report

One Cryptocurrency Sustaining Above the Support Levels- NEAR Protocol (NEAR)

Mar 06, 2025

NEAR
Investment Type
Crypto
Risk Level
Action
Rec. Price (US$)

Crypto Market Round-Up

Typically, cryptocurrencies are termed as digital currencies and use blockchain technology to record every transaction. NEAR Protocol (NEAR) is an open-source blockchain platform designed to provide a fast, scalable, and developer-friendly infrastructure for decentralized applications (dApps). By prioritizing speed, scalability, and cost-effectiveness, NEAR enables developers to build and deploy dApps that can rival traditional centralized applications in performance and usability. NEAR has a market capitalization of ~USD 3.65 billion (as per TradingView as of March 06, 2025).

Last week, the S&P Cryptocurrency Broad Digital Market (BDM) Index started on a bearish note and extended its decline, dropping 631.02 points (~11.56%) to close at 4,828.16 on February 28, 2025. However, as the new trading week begins on March 3, the index has regained positive momentum. The broader cryptocurrency market is also trending upward, with major assets like Bitcoin and Ethereum posting gains, further reinforcing the prevailing bullish sentiment.

Having understood the S&P Cryptocurrency BDM Index movement over the last week and the scenario for the upcoming week, one crypto that seems ‘Bullish’ at the current level appears to be NEAR Protocol (NEAR) based on the below technical parameters: -

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