Near Protocol, XRP, Gram, and Bitcoin have all seen major moves in recent trading, with Near Protocol’s price action standing out for its extraordinary surge. Several tokens have shown trend
Near Protocol, XRP, Gram, and Bitcoin have all seen major moves in recent trading, with Near Protocol’s price action standing out for its extraordinary surge. Several tokens have shown trend reversals or continued momentum after volatile trading periods.
XRP is trading close to $1.54 after rebounding from a local high above $1.65 last week. Earlier, the token broke out from $1.35 in late August, reached a top near $1.70, and then consolidated for several weeks in the $1.35 to $1.55 range.
A fresh move higher has now replaced this consolidation, with XRP testing $1.65 before pulling back slightly to current prices. Technically, XRP remains well above its 50-day moving average, which has turned upward near $1.36, while the 200-day average is still mildly declining at $1.35. These averages are converging, which could signal a bullish crossover if the rally continues.
The RSI remains elevated in the 60s, indicating robust momentum without reaching dangerous overbought levels. A drop below $1.35 would negate the current bullish structure and open the door for a fall back toward the low $1.30s. For now, support sits at $1.45–$1.50, with $1.65–$1.70 acting as a key resistance before any attempt at new highs.
In the current pattern, XRP continues to attract buyers on dips as long as it stays above the prior consolidation zone. Overcoming the $1.65–$1.70 range remains the critical test for further upside.
After dropping from almost $2.90 in May to lows of $1.30, Gram (GRAM) has staged a rapid recovery to $1.63. In recent sessions, the token surged from about $1.40, overtaking its 50- and 100-day moving averages for the first time since the summer slide began. It now faces the 200-day average near $1.60, which is still trending lower.
A definitive close above the 200-day moving average would mark the clearest reversal since Gram’s peak in May. The recent climb has seen Gram’s RSI push into the 70s, suggesting strong short-term buying interest but also the potential for a temporary cooldown.
Gram’s recovery appears to be an early attempt at reversing a prolonged downtrend rather than a full shift to bullish territory. Holding above $1.50 would strengthen the rebound, while falling back below $1.40 would call the rally into question.
Bitcoin is currently trading near $84,900, slightly off its recent peak of $87,400. The broader trend remains strongly positive after a breakthrough above $72,000 in mid-August, helping the leading cryptocurrency more than triple from early June lows near $58,000.
Moving averages continue to confirm Bitcoin’s uptrend. The 200-day average, which spent months declining, has flattened and begun rising near $74,000. The 50-day and 100-day averages are climbing steadily, now sitting around $77,000 and $75,000.
Bitcoin’s RSI is in the mid-to-upper 60s, reinforcing sustained buying momentum. The pullback from $87,400 to the $84,000s is being viewed as a healthy pause after an uninterrupted run up. If Bitcoin remains above $80,000–$81,000, the next challenge is to retest and eventually clear the $87,000–$88,000 range for possible new highs.
Near Protocol (NEAR) stands out with a staggering rally, climbing from about $1.70 in late August to $5.20, marking a gain of more than 200% in just one month. The rapid ascent has left the token trading well above its major moving averages: the 50-day sits near $2.90, the 100-day at $2.40, and the 200-day at $2.10. All of these lag the current price by a wide margin.
This steep move has sent NEAR into deeply overbought territory, with the RSI now deep in the 70s. Historically, similar moves in NEAR have led to sharp corrections or periods of sideways consolidation, such as the swift reversal following its May rally to $2.90.
Market watchers see a risk of a sharp pullback or extended range trading unless NEAR holds above the $4.00–$4.20 breakout zone. If that zone fails, signals point to the parabolic phase ending.
NEAR’s trajectory has shifted from a steady climb to an almost vertical rise, heightening the likelihood of sharp mean reversion as seen in past cycles.
In these rapidly changing conditions driven by major news or sudden listings, many investors find themselves switching between apps for trading, news, and portfolio analysis, which can increase costs and reduce reaction time. Increasingly, privacy-oriented platforms such as CryptoAppsy have become popular among active traders, offering real-time charts, smart price alerts, customized coin news, and critical macroeconomic data on a single screen, all without requiring user accounts.
The post Near Protocol jumps 200% in one month, XRP and Gram reverse losses as Bitcoin rallies appeared first on COINTURK NEWS.
