Near Protocol Price Analysis: NEAR Coin Rally Ready For New Year New Levels
In these last two weeks, Near Protocol showed a remarkable rally in breaking the previous All-Time High resistance of $13.2. The price shows sufficient sustainability from the new support level, as the coin shows a 10% gain on its first follow-up candle.
Key technical points
- The NEAR coin price breached the $14.5 resistance
- The intraday trading volume in the near protocol coin is $1 Billion, indicating an 8.02% loss.
Source-Tradingview
In our previous coverage of the Near Protocol coin on December 11, the coin was recovering from November’s correction phase. The coin price showed an impressive rally till the $12 mark, but the harsh selling pressure in the market demanded another retracement.
This minor pullback found significant support from the $8.3 and started a new rally. From December 21 to 26, the chart showed consecutive green candles, indicating a total gain of 91.8%. The price has breached the previous All-Time High of $13.32, offering another long opportunity.
The NEAR price has reclaimed the bullish sequence of crucial EMAs(20, 50, 100, and 200), indicating buyers have the upper hand. The Relative Strength Index(62) follows his own rally approaching the overbought zone.
NEAR Coin Shows Good Sustainability Above The $13.2 Mark
Source- Tradingview
The Near Protocol coin marked a new ATH of $1.65. The pair recently went through a retest phase, which plunged the price to $1.32 support. The coin formed a double bottom pattern in the hourly time frame chart and bounced from the bottom level.
Today, the price provided a sudden pump of 10% and has breached the minor resistance level of $14.5, providing an extra edge. The coin could soon challenge the New ATH with the hope of a bullish breakout.
The important resistance levels for the coin are $16.3, followed by the $19(traditional pivot level R1). And, on the Flipside, the support levels are at $14.4 and $13.2.
- Analyst Eyes Solana ATH as 21Shares’ SOL-Focused Jupiter ETP Launches on Swiss Exchange
- Experts Predict Big ETH Rally on Bullish Options, Whales Signal Post-False Break
- US Shutdown: Bitcoin, Gold, and Silver Rally as Govt. Shutdown Odds Jump to 85% on Polymarket
- SEC Halts Trading In Solana Treasury Stock QMMM After Share Price Surges 959%- Market Manipulation?
- BREAKING: BlackRock Amends Bitcoin ETF (IBIT), Ethereum ETF (ETHA) Amid New Milestone
- Ethereum Price Forecast as Institutional and Whale Accumulation Fuel Reversal Setup
- Dogecoin Price Prediction – Chart Set-Up Highlights Perfect Buying Opportunity With Outflows Backing $0.45
- Bitcoin Price Set to Rebound Ahead of US Government Shutdown, NFP Data
- XRP Price Prediction: How XRP Could React After October 2025 SEC ETF Decisions
- Aster Price Prediction as US President Adds $110M Worth of Tokens to His Portfolio
- Pepe Coin Price Bounce Likely as Support Zone Aligns With Rising Social Activity
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
