Is the NEAR price poised to break through resistance, or will it be rejected? The NEAR price is at a crucial resistance level testing the $2.350 mark, which is the subject of analysis by traders to find out if a breakout or rejection is about to happen. While technical analysis of the NEAR trend presents conflicting interpretations, bearish momentum could follow due to recent MACD death crosses.
This behavior contrasts with RSI level readings, which show that the asset is still far from entering overbought territory. The strength of the NEAR Network and accompanying activity may weigh in on the asset’s ability to withstand this resistance. This makes investors watchful for indicators showing how likely it is for NEAR to keep up a rally or take a pullback, deepening the uncertainty concerning its short-term future.
NEAR Price Analysis of April 21, 2025
NEAR’s price action began with bullish signals as a golden cross appeared on the MACD around 01:15 UTC, suggesting a potential uptrend. RSI entered the overbought section twice during the analysis period, first at 14:35 UTC and later at 17:05 UTC. This indicated that the NEAR network required a price correction since it became overheated. At 15:05 UTC, a death cross developed on the MACD, indicating forthcoming negative market tendencies. The $2.142 price level functioned as a bench support, stopping the NEAR trend from falling further.
Chart 1, analysed by Anushri Varshney, published on TradingView, April 21, 2025
An additional golden cross appeared at 18:45 UTC, signaling future escalating price trends. According to the data, consecutive death crosses appeared throughout the time frame, so a persistent bearish influence can be observed through one that occurred at 21:00 UTC and another the next day at 06:00 UTC. The RSI generated overbought signals again at 06:00 UTC during the morning hours, which could slow down price appreciation.
Currently, the NEAR price maintains its position near the $2.350 resistance point. The MACD death cross at 09:00 UTC represents a possible obstacle against continued upward price movement. The NEAR price movement will depend on traders observing a successful breakout above $2.350 or a breakdown below $2.150.
NEAR Price Trend: Uptrend Resumes or Decline Continues?
The NEAR price trend reveals that the market is poised between bulls and bears. The presence of golden and death further complicates the situation crosses on the MACD and RSI swings, all indicating overbought conditions, which strongly highlight the present indecision. If the $2.350 resistance level is broken convincingly, it could lead to a rally, attracting more buyers. Notably, falling below $ 2.150 support would result in immense selling if the resistance is not breached. Reactive traders should focus on these critical levels besides the MACD and RSI signals to better gauge NEAR’s next immediate move, which appears to have heightened volatility in the near term.
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