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Add as a preferred source on GoogleNear (NEAR) Falls 15% on Weekly Chart as Market Cap Slips Below $5 Billion
NEAR traded around $3.70 as its market capitalization stood near $4.8 billion. Analyst Ali Martinez said TD Sequential flashed a buy signal on the daily chart.
Near (NEAR) traded around $3.70, down 15% on the weekly chart, as its market capitalization fell below $5 billion and the asset slipped out of the 20 largest cryptocurrencies.
NEAR’s market capitalization was about $4.8 billion. Analyst Ali Martinez said the TD Sequential indicator flashed a buy signal on the token’s daily chart.
Martinez also cited a Sequential Aggressive 13 reading in mid-October, followed by a 39.5% decline from roughly $6 to $3.63.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.