NEAR Protocol ($NEAR) Crypto Forecast: Down 5.4% Today

What is NEAR Protocol?

NEAR is a cryptocurrency token that operates on the NEAR Protocol platform, aiming to provide a scalable and user-friendly blockchain infrastructure for decentralized applications.

Why is NEAR Protocol going down?

NEAR crypto is down 5.4% on Sep 18, 2024 15:11

• Despite positive partnerships and a recent 6% increase in value, NEAR experienced a strong bearish movement today.
• Speculation surrounding NEAR, including analyses on bullish momentum, may have led to increased expectations which were not met as the market shifted downwards.
• The bearish movement in NEAR could potentially be attributed to profit-taking or general market corrections, despite recent advancements and growth within its ecosystem.
• It is essential for investors to monitor market sentiment and broader cryptocurrency trends to gain insights into NEAR's potential price fluctuations in the upcoming days.

NEAR Price Chart

NEAR News

AI Crypto Craze: Top AI Tokens To Hoard For Next Bull

AI Crypto Craze: Top AI Tokens To Hoard For Next Bull

https://coinpedia.org/price-analysis/ai-crypto-craze-top-ai-tokens-to-hoard-for-next-bull/

NEAR and SUI Price Analysis: Bullish Momentum Amid AltSeason Hopes?

NEAR and SUI Price Analysis: Bullish Momentum Amid AltSeason Hopes?

https://coinpedia.org/price-analysis/near-and-sui-price-analysis-bullish-momentum-amid-altseason-hopes/

Cryptocurrency NEAR Protocol Up More Than 6% In 24 hours

Cryptocurrency NEAR Protocol Up More Than 6% In 24 hours

https://www.benzinga.com/insights/cryptocurrency/24/09/40902156/cryptocurrency-near-protocol-up-more-than-6-in-24-hours?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

CoinDesk 20 Performance Update: NEAR Gains 4.8% as Index Rallies

CoinDesk 20 Performance Update: NEAR Gains 4.8% as Index Rallies

https://www.coindesk.com/coindesk-indices/2024/09/17/coindesk-20-performance-update-near-gains-48-as-index-rallies/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

NEAR Protocol Partners with Nillion Network to Enhance Privacy Tools for Developers

NEAR Protocol Partners with Nillion Network to Enhance Privacy Tools for Developers

https://www.livebitcoinnews.com/near-protocol-partners-with-nillion-network-to-enhance-privacy-tools-for-developers/

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NEAR Protocol Price History

07.08.2024 - NEAR Crypto was up 5.1%

• The bullish movement in NEAR could be linked to the optimistic outlook on its future roadmap.
• The attention-grabbing marketing strategy by NEAR might have stimulated discussions and interest among investors.
• The general positivity in the cryptocurrency market, which saw AI tokens rise following Nvidia's denial of a DOJ subpoena, could have influenced NEAR's bullish movement.

18.08.2024 - NEAR Crypto was down 5.4%

• Despite positive partnerships and a recent 6% increase in value, NEAR experienced a strong bearish movement today.
• Speculation surrounding NEAR, including analyses on bullish momentum, may have led to increased expectations which were not met as the market shifted downwards.
• The bearish movement in NEAR could potentially be attributed to profit-taking or general market corrections, despite recent advancements and growth within its ecosystem.
• It is essential for investors to monitor market sentiment and broader cryptocurrency trends to gain insights into NEAR's potential price fluctuations in the upcoming days.

16.08.2024 - NEAR Crypto was down 5.1%

• NEAR faced a bearish movement, potentially influenced by the emergence of a new AI project.
• The introduction of new privacy-focused tools for app developers in partnership with Nillion did not counteract the negative market sentiment.
• Positive updates on partnering with AI-driven meme sensation GoodEgg and attracting NEAR whales were overshadowed by the prevailing market sentiment.
• Analysts' forecasts of a significant surge in another AI competitor, GoodEgg, might have diverted attention and investments from NEAR, contributing to its bearish trend.

09.08.2024 - NEAR Crypto was up 5.0%

• NEAR's price surged over 4% in the last 24 hours, indicating strong bullish momentum in the market.
• The positive price movement could be attributed to the speculation surrounding NEAR's future roadmap, with investors optimistic about potential developments.
• The controversial marketing stunt by NEAR, drawing mixed reactions on Crypto Twitter, might have also contributed to increased attention and trading activity, influencing the bullish trend.
• Overall, the combination of positive market sentiment, anticipation of future growth, and the buzz created by the marketing stunt likely fueled NEAR's bullish movement today.

12.08.2024 - NEAR Crypto was up 6.0%

• NEAR's recent positive developments, including its partnership with GoodEgg and the launch of the Play-2-Date application, have boosted its value, appealing to a broader base of investors.
• The exciting price forecast of NEAR surpassing 10X during the GoodEgg presale has sparked enthusiasm and confidence among traders, resulting in heightened demand for the token.
• Anticipation of a potential 275% surge in NEAR's value, combined with the general favorable market outlook, has bolstered investor trust in the token.
• While XRP's performance in the CoinDesk 20 index may have had some impact on market sentiment, NEAR's recent advancements and optimistic price projections appear to be the primary drivers behind its current positive momentum.

12.08.2024 - NEAR Crypto was up 5.7%

• NEAR experienced a strong bullish movement today.
• Positive sentiment and speculation in the market could have driven this movement.
• The potential surge in NEAR, mentioned in recent discussions, alongside the positive performance of other cryptocurrencies like XRP, may have influenced the market sentiment.
• NEAR rallying with other AI coins in response to OpenAI's significant valuation reflects a growing trend in AI-related projects, enhancing investor confidence.
• Speculations of NEAR reaching a new year's high of $15 may have further boosted investor optimism and contributed to the bullish market activity.

12.08.2024 - NEAR Crypto was up 5.1%

• NEAR experienced a strong bullish movement, with its price increasing more than 4% within 24 hours.
• The positive price action could be attributed to the overall bullish sentiment in the cryptocurrency market, as evidenced by other tokens like ICP, FET, and TAO also seeing gains.
• The news about AI tokens reacting positively to the iPhone 16 feature reveal might have contributed to the bullish momentum in the crypto space, with NEAR benefiting from the overall market optimism.
• While NEAR's specific price target of $15 mentioned in one source may not have been reached yet, the consistent upward movement indicates growing investor interest and confidence in the token.

12.08.2024 - NEAR Crypto was up 7.5%

• Trader Michaël van de Poppe predicts a surge of over 200% in months for NEAR, contributing to positive market sentiment.
• Speculation around NEAR potentially reaching a new year's high of $15 is driving investor interest and fueling the bullish momentum.
• The overall positive sentiment towards AI tokens, including NEAR, following the reveal of AI features in the iPhone 16 is likely boosting investor confidence and driving the price up.
• NEAR's performance is standing out among other AI tokens like ICP, FET, and TAO, showcasing its strength and potential for growth in the market.

17.08.2024 - NEAR Crypto was up 8.8%

• NEAR gained over 6% in 24 hours, surpassing the performance of the CoinDesk 20 index.
• A partnership with Nillion Network to improve privacy tools for developers likely increased confidence in NEAR's technology and use cases.
• Optimism surrounding altcoins and the potential for an "AltSeason" may have driven NEAR's bullish momentum as investors explore opportunities beyond traditional cryptocurrencies like Bitcoin and Ethereum.

17.08.2024 - NEAR Crypto was up 6.0%

• NEAR saw a strong bullish movement of 4.8% as the index rallied, indicating positive market sentiment towards the token.
• The partnership between NEAR Protocol and Nillion Network to enhance privacy tools for developers likely contributed to increased interest and investment in NEAR.
• The positive predictions and comparisons with other AI-related tokens like FET and GoodEgg, as well as the potential price targets for NEAR and ICP, may have further fueled investor optimism and buying activity in NEAR.
• The focus on privacy tools and the potential for dominance in the AI meme altcoin space could have positioned NEAR favorably among investors seeking innovative and promising projects in the cryptocurrency market.

06.08.2024 - NEAR Crypto was down 5.5%

• NEAR experienced a bearish movement possibly due to the controversial marketing stunt that divided opinions on social media.
• The attention-grabbing marketing tactic may have backfired, leading to negative sentiment and selling pressure on NEAR.
• While other AI tokens rallied on positive news from a tech company, NEAR's price was likely impacted by the fallout from its unconventional marketing approach.
• Investors might be cautious about NEAR's future performance amidst the mixed reactions to the marketing stunt, contributing to the bearish trend in the market.

12.08.2024 - NEAR Crypto was up 6.2%

• NEAR rallied strongly today, potentially driven by the news of OpenAI aiming for a $150 billion valuation, which could have positively impacted investor sentiment towards AI-related coins like NEAR.
• The optimistic outlook from trader Michaël van de Poppe on NEAR's potential surge by over 200% in the coming months could have also contributed to the bullish movement.
• The speculation on NEAR reaching a new year's high of $15 might have attracted more buyers to the token, further fueling its upward momentum.
• The overall positive sentiment towards AI tokens, as seen in the mixed reactions after the iPhone 16 feature reveal, with ICP leading the gains, could have created a favorable environment for NEAR's price appreciation.