NEAR Protocol (NEAR) Price Rally: Experts Eye $3.35 Break and $16 Upside Potential
NEAR Protocol's price action is heating up, with analysts watching a key technical level that could signal the start of a major move.
The $3.35 Breakout Zone
All eyes are on the $3.35 resistance. A clean break above this level isn't just another tick on the chart—it's the technical trigger that could open the floodgates. Market technicians see it as the last major hurdle before a significant revaluation.
Upside Target: $16
Where does it go from there? The projected target sits at $16, a level derived from classic chart patterns and Fibonacci extensions. It's a bold call that implies a multi-fold increase from current prices, suggesting the current rally might just be the warm-up act.
Why This Rally Feels Different
This isn't just speculative froth. The move coincides with tangible network growth—developer activity is surging, and real-world applications are moving beyond the testnet phase. The protocol's sharding technology is finally handling scale like it promised, making the 'user-friendly blockchain' tagline more than just marketing.
The Cynical Take
Of course, in crypto, every 'technical breakout' is just three tweets away from being called a 'dead cat bounce' by a rival analyst. The road to $16 is paved with the good intentions of leverage traders and the wreckage of their liquidated positions.
The bottom line? NEAR is testing a critical juncture. Break $3.35, and the narrative shifts from recovery to potential moon mission. Fail, and it's back to the drawing board. The market's about to cast its vote.
Anticipated NEAR Retracement Levels
According to crypto analyst CryptoPulse, NEAR continues to operate within a bearish structure, indicating that investors should anticipate further retracement. The analyst highlights a bullish order block and fair value gap (FVG) between $0.97 and $1.28 as a high-probability accumulation zone, recommending this range for potential long-term positioning.
CryptoPulse identifies key targets for NEAR if the price moves beyond its current consolidation. The first significant resistance level is $3.35, which serves as both a high-timeframe resistance and a trend reversal point.
Surpassing this threshold could trigger a macro bullish continuation, opening the path to higher targets of $8 and $16. Until NEAR maintains levels above $3.35, the prevailing trend is considered bearish, underscoring the cautious sentiment among traders and analysts alike.
Source: XNEAR Protocol Eyes Bullish Turn After solana Network Listing
NEAR Price Prediction for 2025
According to DigitalCoinPrice, NEAR Protocol over the coming years. Analysts predict that NEAR could approach the $2.66 mark by the end of 2025, following a potential breach of intermediate resistance levels. Historical data indicates NEAR’s previous all-time high of $20.42 remains a long-term target, with the token expected to stabilize within the $2.34–$2.66 range before attempting further gains.
Investors and market observers remain divided between cautious accumulation strategies and optimistic growth expectations. While short-term bearish trends persist, the long-term forecast suggests that NEAR Protocol could witness significant appreciation if it successfully overcomes critical resistance levels. This balance of risk and opportunity continues to shape trading decisions in the NEAR ecosystem.
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