- NEAR Protocol shows signs of bearish exhaustion and possible trend reversal.
- Technical indicators hint at accumulation near $2.40 with low volatility.
- Market predictions suggest moderate growth in 2025 with a potential ROI of up to 17.7%.
NEAR Protocol (NEAR) is trading currently at $2.40, with a slight 0.45% change in the last 24 hours. Though traded volumes of $165.03 million belong to the previous day, it is a sharp decline of 36.67% that reflects increasing investor caution. On the weekly chart, NEAR has shed 12.36%, signaling sustained bearish sentiment, but technical indicators reveal that this downtrend might be getting exhausted as price action tightens around the $2.41 pivot level.
Volume to Average Ratio Points to Consolidation
Analysts believe that a possible bottom formation is in the making with NEAR trading between $2.38 and $2.46, while Bollinger Band Width has contracted to 32.08%. Such tightening typically sets the stage for a breakout of greater volatility. Additionally, the RSI at 39.55 places NEAR in the oversold zone, thereby appealing to contrarian traders who would bet on a relief rally.
Nonetheless, the current bearish MACD crossover at -0.0187 calls for caution since it indicates that traders ought to wait for further confirmation before adding positions.
The prevailing trend is bearish, but it could soon change. Several important technical indicators support the possibility of a trend change. The ADX is at 50.0, which shows strong momentum in the trend. However, at this same DMI indicates that bearish control is diminishing with a spread currently at 14.1/42.4. In addition, the volume in relation to the average is recorded at 0.90x which is characteristic of consolidation rather than an increase in selling pressure.
A trade strategy has been crafted wherein a long position is suggested to be entered at $2.38 with targets for gradual recoveries set at $2.46, $2.52, and $2.62 respectively, while a stop loss has been placed at $2.30 in order to mitigate the downside risk. Thus, this setup would present a pretty attractive risk-to-reward ratio of 1:2.5.
However, current liquidity conditions are moderate at 7.08%, thereby suggesting caution when taking bigger positions, especially as NEAR Protocol is probing through some significant resistance levels.
NEAR Protocol price forecast for 2025 shows mixed outlook
Predictions for NEAR in 2025 are mixed but slightly optimistic. As per DigitalCoinPrice, NEAR might cross the level of $5.29 by the end of the year and could even revisit its all-time high of $20.42 depending on market momentum. That would reflect pretty significant upside, particularly if the broader crypto markets bounce back.
According to Changelly, the price of NEAR Protocol will be in the range of $2.57 to $2.72 for the year 2025, with an average price target set at $2.86, translating to a possible return of 11.9%. For June 2025, the anticipated price range for NEAR is between $2.38 and $2.86, which represents a potential return of up to 17.7%.
Currently, NEAR’s price chart reflects the interest of short-term buyers. However, potential long-term gains will depend more on market sentiment overall, future developments, and how the NEAR Protocol ecosystem itself evolves.
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