NEAR Protocol (NEAR) Price Prediction: NEAR/USD Price Has Increased 8.62% Over the Past 24 Hours to $3.75

NEAR Protocol's NEAR/USD price has increased 8.62% over the past 24 hours to $3.75, which is in the opposite direction of its trend over the past week

Cryptocurrency price data provider CoinGecko has released an update on the price of NEAR Protocol (CRYPTO: NEAR) and its movement over the past 24 hours and week.

At the time of writing, NEAR is trading at $3.68, which marks an 8.62% increase over the past 24 hours. However, looking at the broader seven-day price movement, the coin has experienced a loss of 27.0%, moving from $5.12 to its current price.

To put things into perspective, the coin's all-time high currently stands at $20.44.

The chart below compares the price movement and volatility for NEAR Protocol over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has risen 117.0% over the past week, which is diverging from the circulating supply of the coin, which has decreased by 0.3%. This brings the circulating supply to 1.11 billion.

According to CoinGecko's data, NEAR's current market cap ranking is #23, with a total market cap value of $4.17 billion.