NE

NEAR Protocol

NEAR 1 Hour Move
-2.56%
$2.34 → $2.28

Why NEAR Protocol is down 2.6% in the last hour

Analysis

NEAR Protocol (NEAR) fell 2.6% over the past hour as broader market weakness pressured altcoins, with Bitcoin described as reaching an “oversold” state in a market review. The same report noted NEAR’s “first support activation,” suggesting price action was testing and reacting to key technical support amid the wider risk-off tone.

Contributing Factors (1)

#1
U.Today ETF Flows 2 hours ago

Another Shiba Inu (SHIB) Recovery Attempt, Bitcoin (BTC) Reaches 'Oversold' State, First Near Protocol (NEAR) Support Activation: Crypto Market Review

The market is yet to be tested as multiple assets are getting closer to substantial support levels.

Confidence
78%
Read source

Move Details

Asset NEAR Protocol
Symbol NEAR
Direction ↓ Bearish
Timeframe 1 Hour
Start Price $2.34
End Price $2.28
Change -2.56%
Detected Jun 1, 2026 1:50 AM

Explanation Confidence

78%

High confidence in the explanation based on source reliability and timing.