0R15 7941.0 -0.9233% 0R1E 7597.0 3.5437% 0M69 None None% 0R2V 182.6 3.0183% 0QYR 1369.0 -0.9407% 0QYP 409.9595 -0.4953% 0LCV 141.835 -0.3268% 0RUK None None% 0RYA 1604.0 -3.3153% 0RIH 170.0 -1.0477% 0RIH 169.0619 -0.5518% 0R1O 192.5 10152.996% 0R1O None None% 0QFP None None% 0M2Z 304.7 0.7273% 0VSO None None% 0R1I None None% 0QZI 472.0 0.6397% 0QZ0 220.0 0.0% 0NZF None None%
Crypto Market Round-Up
Typically, cryptocurrencies are termed as digital currencies and use blockchain technology to record every transaction. NEAR Protocol (NEAR) was created by NEAR Collective, a community that works on initial coding and releases updates to resolve blockchain constraints such as slow transaction speeds, inferior throughput, and poor interoperability. NEAR has a market capitalization of ~USD 3.27 billion (as per TradingView as of February 22, 2024).
Last week, the benchmark S&P Cryptocurrency Broad Digital Market (BDM) Index started on a positive note and maintained a bullish momentum for the entire week. The index advanced by 310.05 points (~9.33%) to 3631.98 for the week ending February 16, 2024. In the current week starting February 19, 2024, the index is trading with negative momentum. Moreover, other major cryptocurrencies, such as Bitcoin and Ethereum, are witnessing negative momentum for the current week.
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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