NEAR Protocol (NEAR) July 2025 Analysis: $2.35 Price Action & Market Outlook



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 (NEAR) July 2025 Analysis: $2.35 Price Action & Market Outlook

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 with integrated staking benefits[7]. This development signals growing institutional recognition of NEAR’s potential.

Technology Developments

NEAR continues to expand its interoperability features, with Chain Signatures now enabling NEAR accounts to sign transactions on Bitcoin, Ethereum, Dogecoin, XRP, and soon Solana and TON[7][2]. The protocol has also introduced an AI Research Hub and AI Assistant, positioning itself for the AI-driven future of blockchain[2].

Price Predictions and Market Outlook

Short-term Outlook (July 2025)

Analysts suggest that if bullish factors resurface, NEAR could experience a short-term rise, aiming for a retest of the $3.5 resistance, particularly if it breaks short-term EMA bands[7].

Medium-term Projections (2025)

Price predictions for 2025 vary, with conservative estimates ranging from $1.95 to $9.00, while some forecasts suggest NEAR could reach $2.59 by August 2025[7][6].

Long-term Potential

There’s strong possibility that NEAR may aim to retest the $8 to $9 supply range by the end of 2025, requiring a weekly close above $3.5 in July and a Change of Character above $4.345 in following months[7].

Key Support and Resistance Levels

Critical Support Levels

  • Immediate support: $2.24 (24-hour low)
  • Strong support: $1.79 (pivot support levels)
  • Critical support: $1.90 (52-week low)

Resistance Targets

  • Immediate resistance: $2.39 (24-hour high)
  • Major resistance: $3.16 (resistance level 2)
  • Long-term target: $8.02 (52-week high)

Trading Recommendations

For Short-term Traders

  1. Entry Strategy: Consider entries near $2.24 support with stop-loss below $2.16
  2. Target Levels: Initial target at $2.39 resistance, extended target at $2.50
  3. Risk Management: Given the high Stochastic readings, be prepared for potential pullbacks

For Medium-term Investors

  1. Accumulation Zone: Current levels between $2.20-$2.40 present attractive risk-reward ratios
  2. Key Catalyst: Monitor for weekly close above $3.50 for bullish confirmation
  3. Portfolio Allocation: Consider NEAR as part of a diversified crypto portfolio due to its AI and interoperability focus

Risk Considerations

If NEAR falls below $1.8 support, it could heighten investor fears and potentially target the $1.0 mark[7]. Traders should maintain strict risk management protocols.

Conclusion

NEAR Protocol’s current technical setup suggests a neutral to slightly bullish outlook. The combination of institutional interest, technological developments, and favorable technical indicators creates a compelling case for potential upside. However, traders should remain cautious of the high Stochastic readings and monitor key support levels closely.

The $2.35 price level represents a critical juncture where NEAR could either break higher toward $2.50-$3.00 or consolidate back to the $2.20 support zone. Overall market sentiment and Bitcoin’s performance will likely influence NEAR’s next directional move.

Image source: Shutterstock


Source: https://blockchain.news/news/20250710-near-protocol-near-july-2025-analysis-235-price-action-market-outlook