NEAR Protocol (NEAR) is making headlines again, currently trading at $3.23 after gaining over 36% in recent weeks. The token is now approaching a strong resistance zone between $3.35 and $3.50 — a level that has historically capped price rallies. A breakout above this level could set the tone for further bullish momentum in the short- to medium-term, with many analysts updating their NEAR Protocol price prediction based on these bullish signals.
Strong Technical Backing
NEAR is trading well above its 50 and 200-period Simple Moving Averages (SMAs), currently sitting at $2.82 and $2.44 respectively — a bullish signal for trend continuation. Additionally, widening Bollinger Bands point to increased volatility, with the upper band aligning near the resistance zone at $3.33.
What Happens If It Breaks Out?
A confirmed move above $3.50 could trigger strong buying interest, potentially propelling NEAR toward $4.00. If bullish momentum sustains, longer-term price targets suggested by analysts range from $6.50 to $9.00. Some enthusiasts even suggest extreme upside scenarios toward $200 — though these are speculative.
Key Levels to Watch
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Immediate resistance: $3.35–$3.50
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Support range: $2.20–$2.60
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Short-term bullish zone: Above $2.85–$2.90
Community Sentiment Mixed
Most community members remain optimistic. Influencers highlight technical upgrades, ETF-related sentiment, and strong on-chain performance — with NEAR delivering 600ms block times and 1.2s finality. These improvements support NEAR’s narrative as a high-throughput blockchain.
However, some traders urge caution. NEAR’s rally recently stalled at $3.36 and lost support at $2.90. If it fails to hold $2.60–$2.70, further downside may follow.
Conclusion
NEAR is at a critical juncture. A successful breakout above $3.50 could mark the start of a new bullish leg. However, failure to hold above support zones could shift sentiment quickly. The coming sessions will be key to confirming the trend.
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