Are you tracking NEAR Token’s movements and speculating its next price direction? Recently, there have been some sharp movements on the NEAR Price, and traders and investors seem to be watching every chart signal closely. The NEAR Protocol, known for its scalable blockchain with sharding technology, has recently gotten massive attention from the crypto market. After a notable NEAR Breakout from its recent trading range, the Token showed significant upward momentum before facing heavy resistance. As volatility is rising again, it becomes imperative to look at the latest NEAR coin action to make an informed decision. Let us go deep into the present setup and explore what it implies for future movements of NEAR coin.
NEAR Price Action Analysis of 26th April, 2025
The price action of the NEAR coin showed a highly volatile nature in the last 24 hours. The NEAR Token circulates at stable levels from $2.48 to $2.73. The NEAR Price entered a period of minimal volatility where it formed a distinct and narrow range. Several golden and death crosses emerged on the MACD which revealed the existence of trading confusion and erratic periods of momentum during the price consolidation. The breakout from the trading range marks 00:30 UTC when price started an upward trend which created an ascending channel.
Chart 1, analysed by Anushri Vashney, published on TradingView, April 26, 2025
The RSI registered numerous overbought levels right after the breakout showed power in the uptrend. The price stopped rising because of strong resistance at $2.75. Bearish indications started to appear during the UTC time of 03:00. A death cross appeared on the MACD indicating that a price inversion might occur. Coin retreated from its resistance area to start a downward movement. The bearish crossover coincided with RSI exiting overbought space which validated declining purchase momentum.
At 09:52 UTC the NEAR Price has descended to $2.654 to get near its previous breakout area. The current bearish MACD indicator features a strong gap between its MACD and signal lines and the RSI shows declining performance which reaches 35.64 and points to bearish market conditions that could push NEAR coin to $2.50 support. Weaker market conditions suggest NEAR coin will initiate a correction period because it continues to fall below $2.75 while showing RSI bearish cues and death cross patterns.
NEAR Price Prediction: What’s Next?
Today, the NEAR Token opened at around $2.63 and soon experienced selling pressure. The price has faced difficulty regaining bullish momentum since breaking down from the upward channel. Multiple death crosses on the MACD, combined with a falling RSI close to 35, indicate weak sentiment in the market. Buyers are generally absent as NEAR coin trades below significant moving averages, suggesting a greater downside risk should $2.63 not hold today.
NEAR Token Outlook, Caution Amid Bearish Signals
The NEAR token continues to show signs of exhaustion as it failed to maintain above the $2.75 resistance zone. MACD has frequent death crosses and RSI relentlessly continues down, both suggesting that unless some buying interest steps back into the market, prices may remain under pressure. If the token breaks below support at $2.63, it may slide toward another support area at $2.50. Should NEAR bounce back above $2.70, short-term bullish sentiment could be revived. The current setup demands caution from traders. Whether NEAR breakout will make a change from this range will determine its next significant price movement. In essence, unless supported by some volume, NEAR might just be undergoing a consolidation phase or could even trend down in the following time frames unless the broader market reverses.
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