A cryptocurrency called NEAR Protocol lost some value in one day, but it still gained a lot over the whole week. The price goes up and down a lot, and more people are trading it than before. Read from source...
- The title is misleading and sensationalized, as it implies that NEAR Protocol fell by more than 5% in a single day, which is not true according to the article. It actually fell by 5.05%, but rounding up to one decimal place creates an impression of a bigger drop.
- The article uses vague and ambiguous terms such as "opposite", "positive trend" and "experienced". These words do not provide any specific or objective information about the price movement, but rather reflect the author's subjective interpretation and opinion.
- The chart below is not explained or analyzed in any way, nor does it offer any insights into the factors that may have caused the price fluctuation. It is merely a visual representation of the data, without any context, comparison or conclusion.
- The article mentions some technical indicators such as Bollinger Bands and trading volume, but does not explain what they are, how they are calculated or why they are relevant to the NEAR Protocol's performance. It also does not provide any historical or statistical data to support its claims about the volatility and correlation between the price, supply and demand.
- The article ends with a sentence that introduces a new concept:
This is a mathematical equation that calculates the number of coins that are available for trading on the market, based on the coin's circulating supply, exchange inflows and outflows, and other factors. However, this term is not defined or explained anywhere else in the article, nor does it relate to the main topic of the price movement. It seems like an irrelevant and confusing addition that does not contribute to the reader's understanding or interest.