Near Protocol Attracts Major Investors
- Near Protocol Attracts Major Investors:
- Near Protocol (NEAR) has seen a 370% growth in the past year, attracting high-level investors due to its technological advancements and integration with AI.
- Near Protocol’s Technological Edge:
- Initiated by the Near Foundation in 2020, Near Protocol aims to streamline Blockchain application development with faster transaction speeds and lower fees compared to Ethereum and Solana using Nightshade sharding technology.
- Features EVM-compatible Aurora and Near Shard components supporting human-readable account names for developers.
- How Does Near Protocol Utilize AI?:
- Near Protocol is increasingly seen as an AI project, employing AI and machine learning for security monitoring, smart contract deployment, and network optimization.
- Co-founder Illia Polosukhin highlighted Near's commitment to AI at Nvidia's AI conference, mentioning the AI-powered Near Tasks marketplace.
- Key Inferences for Investors:
- Near Protocol's Nightshade technology ensures high scalability and fast transactions.
- Integration with AI enhances network optimization and smart contract deployment.
- Significant partnerships with major Web2 and Web3 companies boost ecosystem growth.
- The Near Tasks marketplace offers economic opportunities through AI-driven tasks.
- Conclusion:
- Near Protocol's blend of advanced technology and AI integration positions it as a noteworthy player in the crypto space, poised for further growth and innovation.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI) As of , Sleepless AI (AI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00937 | 0.0149 | 0.0201 | 0.0256 | 0.0308 | 0.0363 | 0.0415 |
| Fibonacci | 0.0149 | 0.019 | 0.0215 | 0.0256 | 0.0297 | 0.0322 | 0.0363 |
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