NEAR Protocol Surges 1.5% as Network Upgrade Completes, RSI Shows Bullish Momentum

Quick Take

• NEAR currently trading at $2.92 (+1.50% in 24h)
• NEAR Protocol’s RSI at 56.15 signals neutral-to-bullish momentum
• Network upgrade and hard fork completed successfully on September 23, 2025
• Strong bullish trend confirmed across multiple timeframes

What’s Driving NEAR Protocol Price Today?

NEAR Protocol successfully completed a major network upgrade and hard fork at 01:00 UTC today, marking a significant technical milestone for the blockchain. The upgrade had been anticipated by the market, resulting in a neutral immediate price reaction as traders had already positioned themselves ahead of the event.

The positive sentiment surrounding NEAR price has been building since September 18, when NEAR Protocol released its annual progress overview revealing impressive growth metrics. The protocol reported reaching 44 million monthly active accounts and processing over 8 million daily transactions in 2024. These fundamental improvements, combined with announced plans for AI integrations and further technical upgrades, have created a supportive backdrop for NEAR price appreciation.

The seamless execution of today’s hard fork demonstrates the protocol’s technical maturity and development team’s competence, factors that institutional traders often consider when evaluating long-term positions in NEAR/USDT and other trading pairs.

NEAR Protocol Technical Analysis: Strong Bullish Signals Emerge

NEAR Protocol technical analysis reveals multiple indicators aligning for potential upside momentum. NEAR Protocol’s daily RSI at 56.15 sits comfortably in neutral territory, providing room for further price appreciation without entering overbought conditions. This NEAR RSI reading suggests healthy buying pressure without excessive speculation.

The MACD indicator for NEAR Protocol shows particularly encouraging signs, with the MACD line at 0.1286 sitting above the signal line at 0.1025. The positive MACD histogram of 0.0261 confirms bullish momentum is building for NEAR Protocol, often preceding sustained price rallies.

NEAR Protocol’s moving average structure supports the bullish thesis, with the current NEAR price of $2.92 trading above key short-term averages. The EMA 12 at $2.91 provides immediate support, while the ascending arrangement of longer-term SMAs (SMA 50 at $2.66, SMA 200 at $2.55) confirms the overall uptrend remains intact.

Bollinger Bands analysis shows NEAR Protocol positioned at 0.6555 within the bands, indicating the token has room to test the upper band at $3.26 before encountering technical resistance. The 24-hour trading range of $2.75 to $3.04 demonstrates healthy volatility, with NEAR Protocol’s daily ATR of $0.19 suggesting normal price fluctuations.

NEAR Protocol Price Levels: Key Support and Resistance

Based on Binance spot market data, NEAR Protocol support levels are clearly defined with immediate support at $2.36 and stronger support at $2.28. These levels align with previous consolidation zones and represent areas where institutional buyers have historically stepped in.

NEAR resistance faces its first test at $3.34, which serves as both immediate and strong resistance according to current technical analysis. A break above this level could open the path toward NEAR Protocol’s 52-week high of $5.75, though such a move would likely require sustained volume and additional fundamental catalysts.

The pivot point at $2.90 sits just below current NEAR price levels, suggesting the market is testing resistance rather than support. This positioning typically favors bulls in trending markets, especially when accompanied by positive technical indicators like those currently displayed by NEAR Protocol.

Should You Buy NEAR Now? Risk-Reward Analysis

For short-term traders, NEAR Protocol presents an attractive risk-reward setup with clear stop-loss levels. Conservative traders might consider entries near the $2.90 pivot point with stops below $2.36 support, targeting the $3.34 resistance level for a favorable 2:1 risk-reward ratio.

Swing traders could benefit from NEAR Protocol’s technical momentum, particularly given the bullish MACD crossover and neutral RSI conditions. The successful network upgrade removes a potential technical risk factor, while the protocol’s strong fundamental metrics provide downside support for NEAR price.

Long-term investors should consider NEAR Protocol’s position significantly below its 52-week high of $5.75, suggesting substantial upside potential if the protocol continues executing its AI integration roadmap. However, any position should account for cryptocurrency market volatility and broader market conditions affecting all digital assets.

Risk management remains crucial, with the $2.28 support level serving as a logical invalidation point for the current bullish thesis. Traders should monitor NEAR/USDT volume patterns, as sustained buying interest will be necessary to break through the $3.34 resistance zone.

Conclusion

NEAR Protocol’s successful network upgrade, combined with bullish technical indicators and strong fundamental growth metrics, positions NEAR price for potential upside in the coming 24-48 hours. The neutral NEAR RSI reading and positive MACD momentum suggest the current rally has room to continue, with immediate targets at the $3.34 resistance level. Traders should watch for volume confirmation and broader cryptocurrency market sentiment to gauge the sustainability of NEAR Protocol’s current bullish momentum.

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