Key notes
- Almost jumped more than 5% intraday, affecting $ 2.38 before settling nearly $ 2.30.
- Bitwise filed the launch of the first spot based in the United States near ETF with the SEC.
- The negotiation volume 24 hours a day has increased by more than 50%, reporting a strong interest in investors.
Near token native of the protocol, near
CLOSE
$ 2.58
24h volatility:
4.3%
COURTIC CAPESSION:
$ 3.12 B
Flight. 24 hours:
$ 146.53 M
Negotiate approximately $ 2.30 on May 7 after briefly ralling more than 5% earlier during the day, from $ 2.23 to $ 2.38.
This comes in the midst of the renewed interest of investors because recording declaration At the dry to list a place near the Stock Exchange (ETF) fund.
It is important to note that the specifics of the bit proposed near the ETF remain under the Wraps, including the exchange of ticks and registration. However, the asset manager appointed Coinbase police custody as a guardian of the fund.
The volume of negotiation for almost jumped more than 50% in the last 24 hours, according to CoinmarketCap data, suggesting that the deposit has drawn the attention of traders.
Bitwise also confirmed the plans to submit a 19B-4 form to initiate the SECONDapproval process. If it is approved, the financial product will approach traditional financial markets.
Near the protocol, formerly nicknamed an “Ethereum killer”, recently redirected its development development of DEFI to the artificial intelligence infrastructure. It is now aims to build the largest open source model model in the world, pushing it to the border of Ai-Blockchain integration.
Prospects close to prices
Almost is currently the 44th largest crypto by market capitalization at 2.78 billion dollars. The founder of Altcryptocast, Sjuul, commented X which remains near a “clear upward trend” and currently tests a crucial reversal of support resistance.
$ is still exchanging a very clear upward trend.
Now, we potentially form the high time lower at a level of key support / resistance.
Probably nothing, right? pic.twitter.com/64groatl4i
– Sjuul | Altcryptogems (@altcryptogems) May 6, 2025
The popular analyst of crypto lacryptolycus called one of the most underestimated on the current market cycle. He noted the recent stabilization of Narch above the level of support of $ 1.75, suggesting that if the token recovers the level of $ 3.70, it could increase to $ 5 in the coming weeks.
$One of the most undervalued altcoins had formed a swing failure swing before the start of this year.
Since then, $ continued to decrease, but the price now seems to stabilize above the $ 1.75 support area. If he can recover the resistance level of $ 3.70, then we… pic.twitter.com/vtq0xd2k6q
– lacryptolycus🐺 (@Cryptolycus) May 6, 2025
Daily Near priceThe RSI is around 45 years, suggesting that the token moves slightly to a bearish momentum. If the purchase of interest continues, this neutral territory could offer a basis for a potential trend.
Near price board with RSI and Bollinger Band | Source: tradingView
Meanwhile, the Bollinger groups show a compression model forming, with an exchange close just below the intermediate group (20 -day SMA). This compression suggests an upcoming escape or ventilation, depending on the volume of trading.
A sustainable plug over the intermediary strip almost $ 2.40 could mark the upward continuation to the area from $ 2.70 to $ 3.00.
Near price board with MacD | Source: tradingView
On the other hand, the MacD line has just crossed the signal line, with red storage bars of histogram. This generally indicates a weakening of the ascending momentum. However, if the Bulls manage to cross the support group from $ 2.20 to $ 2.25, they could see a bullish reversal.
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
