-7.35% for NEAR — traders await bounce as price prediction signals downside

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Near Protocol Slides 7.35% Today

Highlights

Near Protocol (NEAR) fell 7.35% to $2.596, trading below MA-20 and MA-50 but just above MA-200 support at $2.5569, indicating ongoing short- and medium-term selling pressure.
Developer and institutional interest in NEAR’s AI-ready platform persists as the AI crypto market approaches $30 billion, with network adoption and technical progress eyed for possible gains by October 2025.
Technical indicators signal mixed momentum and oversold conditions, with NEAR expected to range between $2.4290 and $2.5500 over the next five days and less than 20% probability of a near-term rebound.

AI platform potential spurs attention as caution tempers optimism

Near Protocol has shown heightened interest around its AI-ready platform architecture, which positions it favorably as the AI crypto market expands toward $30 billion. Developers and institutional participants are watching how NEAR’s technology supports AI workloads, with recent price action reflecting caution amid technical support retests. Ongoing discussions also reference a potential price rise by the end of October 2025, driven by continued advancements and adoption in the network.

Mixed momentum and dynamic resistance as market searches for support

The nearest dynamic resistance stands at the Kijun line of the Ichimoku indicator at $2.854, while support is found near the MA-200 at $2.5569. Momentum signals are mixed — the daily MACD shows a strong buy, but the ADX is at 26.74, forecasting bearish conditions and an active trend. The RSI is neutral-bullish at 52, with Stoch RSI and CCI indicating oversold territory, suggesting some exhaustion among sellers. BBP reveals intraday selling dominance, while the Awesome Oscillator remains neutral, failing to confirm the trend. The price currently trades near today’s low and volatility is high, with ongoing pressure following the open. Divergent momentum and oversold oscillators imply the market is seeking a local floor.

Limited rebound prospects as price risks further range-bound losses

Over the next five trading days, NEAR is expected to hold within a range of $2.4290 to $2.5500. The probability of a price rebound is low, remaining under 20%, which supports the case for possible further declines in the near term. The primary scenario is sideways movement between $2.43 and $2.55 — a break above $2.85 could trigger renewed buying, but a dip below $2.43 would likely invite deeper declines toward longer-term support.

Anton Kharitonov, expert at Traders Union, sees NEAR Protocol exhibiting persistent short- and medium-term weakness, as it stays below both the MA-20 and MA-50 despite holding above long-term support at the MA-200. While there is fundamental interest in NEAR’s positioning within the expanding AI crypto sector, current technicals and muted momentum imply the market is likely to extend its sideways or downward drift in the immediate term. The analyst stresses that any rebound probability remains low until key dynamic resistance at $2.85 is convincingly reclaimed. "Base case remains a tight $2.43 – $2.55 range, and I remain defensive on NEAR unless strong buyers return above $2.85."

Last time we reported that there was a very low probability of a price increase based on prevailing technical signals. Previously it was noted that conflicting momentum indicators suggested continued uncertainty in the market trend.

Source of Data: NEAR Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.