NEAR Protocol (NEAR) July 2025 Analysis: $2.35 Price Action & Market Outlook
The post NEAR Protocol (NEAR) July 2025 Analysis: $2.35 Price Action & Market Outlook appeared on BitcoinEthereumNews.com. Darius Baruo Jul 09, 2025 15:17 NEAR Protocol shows 4.49% gains at $2.35 as institutional interest grows. Technical indicators signal neutral trend with potential for breakout above $2.39 resistance. NEAR Protocol Current Market Position NEAR Protocol has demonstrated resilience recently, with the token surging 7.6% following Bitwise’s launch of a new NEAR Staking ETP on Deutsche Börse Xetra[7]. Currently trading at $2.35 with a 4.49% daily gain, NEAR continues to attract both retail and institutional attention. Technical Analysis: Key Price Levels and Indicators Current Price Action The current price of $2.35 sits strategically between key technical levels. With a 24-hour range of $2.24-$2.39, NEAR has established clear support and resistance zones that traders should monitor closely. Moving Average Analysis Short-term momentum: The 7-day SMA at $2.22 and 12-day EMA at $2.22 both sit below the current price, indicating bullish short-term sentiment Medium-term outlook: The 20-day SMA at $2.16 provides additional support, while the 50-day SMA matches the current price at $2.35 Long-term perspective: The 200-day SMA at $3.15 remains significantly above current levels, suggesting room for upward movement Momentum Indicators Signal Mixed Outlook RSI: At 55.58, NEAR sits in neutral territory with room for upward movement before entering overbought conditions MACD: The -0.0092 reading with a positive histogram of 0.0368 suggests potential for bullish momentum shift Stochastic: High readings (%K: 89.97, %D: 82.88) indicate the asset may be entering overbought territory in the short term Bollinger Bands Show Expansion Potential With %B at 0.9394, NEAR trades near the upper Bollinger Band at $2.38, suggesting strong momentum but potential for consolidation. Recent Market Developments Institutional Interest Growing The recent launch of Bitwise’s NEAR Staking ETP has provided European investors with regulated exposure to NEAR blockchain…
The post NEAR Protocol (NEAR) July 2025 Analysis: $2.35 Price Action & Market Outlook appeared on BitcoinEthereumNews.com.
Darius Baruo Jul 09, 2025 15:17 NEAR Protocol shows 4.49% gains at $2.35 as institutional interest grows. Technical indicators signal neutral trend with potential for breakout above $2.39 resistance. NEAR Protocol Current Market Position NEAR Protocol has demonstrated resilience recently, with the token surging 7.6% following Bitwise’s launch of a new NEAR Staking ETP on Deutsche Börse Xetra[7]. Currently trading at $2.35 with a 4.49% daily gain, NEAR continues to attract both retail and institutional attention. Technical Analysis: Key Price Levels and Indicators Current Price Action The current price of $2.35 sits strategically between key technical levels. With a 24-hour range of $2.24-$2.39, NEAR has established clear support and resistance zones that traders should monitor closely. Moving Average Analysis Short-term momentum: The 7-day SMA at $2.22 and 12-day EMA at $2.22 both sit below the current price, indicating bullish short-term sentiment Medium-term outlook: The 20-day SMA at $2.16 provides additional support, while the 50-day SMA matches the current price at $2.35 Long-term perspective: The 200-day SMA at $3.15 remains significantly above current levels, suggesting room for upward movement Momentum Indicators Signal Mixed Outlook RSI: At 55.58, NEAR sits in neutral territory with room for upward movement before entering overbought conditions MACD: The -0.0092 reading with a positive histogram of 0.0368 suggests potential for bullish momentum shift Stochastic: High readings (%K: 89.97, %D: 82.88) indicate the asset may be entering overbought territory in the short term Bollinger Bands Show Expansion Potential With %B at 0.9394, NEAR trades near the upper Bollinger Band at $2.38, suggesting strong momentum but potential for consolidation. Recent Market Developments Institutional Interest Growing The recent launch of Bitwise’s NEAR Staking ETP has provided European investors with regulated exposure to NEAR blockchain…
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