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Why is NEAR Protocol price down today? NEAR drops 9% below $4

Summary by crypto.news
NEAR Protocol price falls 9% to $3.75 as AI crypto selling continues, while traders watch $3.50 support and a proposed cut to token issuance.

9 Articles

NEAR recedes strongly and quotes below its short-term moving averages, while the reported volume falls below its monthly average. The proposal to reduce the annual emission offers a favorable fundamental argument, but there is no evidence to confirm that it explains the fall. The support of USD $3.74–$3.75 and high volatility will be key to determining whether the movement is a correction or a deeper deterioration.

🚨 While short-term weakness continues in NEAR, XRP, and SHIB, Zcash remains in a horizontal range. 📉 With the price of $XRP trading below $1.35, $1.20 stands out as the first support. 🧭 NEAR tested the $4 threshold after its peak in October, while SHIB remained below all major averages. Read More: While NEAR and XRP maintain their weak trend, selling pressure increases in SHIB The article "While NEAR and XRP maintain their weak trend, selling…

Near Protocol (NEAR) fell to $4.10, testing the $4 support level with a 30% loss from its October peak. Critical levels for XRP, ZEC, and SHIB are covered in our news report.

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TokenPost broke the news on Monday, November 2, 2026.
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