NEAR Intents combined with StarNet $1.6 USD
Key receivers
NEAR is up less than 1 percent and is approaching $1.5.
The positive performance comes despite the underperformance of the broader crypto market.
NEAR Intents integrates with StarNet
Near, the native coin of the Near protocol, is trading at $1.48 per coin, up less than 1 percent in the past 24 hours. Its positive performance comes despite a large selloff in the broader cryptocurrency market.
The coin covered the transfer for the near-protocol integration of the Intents platform with Starknet, ZK's execution layer on Ethereum on Thursday. Integration brings chained, idea-driven changes right into the ecosystem.
It also allows users to seamlessly transition between Starknet and the broader cryptocurrency space without building a bridge or going through a complex multi-step process.
NEAR Intents is built on the NEAR Layer-1 blockchain, allowing users to transfer assets from approximately 25 supported blockchains directly to Starknet. Additionally, users can purchase Starknet (STRK) using over 100 tokens, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and more.
Despite the depressed market conditions, close to the eyes $1.6
The 4-hour USD/USD chart is bearish and bearish as the coin's price has risen roughly 1% over the past 24 hours. At the time of press release, NEAR is trading at $1.48 and may rise in the near future.
The Relative Strength Index (RSI) has risen to 36 on the 4-hour chart, confirming a short-term bullish trend. However, if the RSI remains in the bearish range, NEAR cannot sustain the rally to the key resistance level at $1.80.
The Moving Average Convergence Divergence (MACD) indicator is still weak, but if the uptrend continues, a buy signal could be lit. This signal crosses the blue MACD line above the red signal line and encourages traders to increase their exposure to this market.
However, if the recovery fails, NEAR may retest the $1.45 support level in the next few hours.
