The NEAR price is finally showing some life after a pretty deep pullback. Following its lowest levels since the October and November shakeouts, NEAR has managed to bounce and carve out what looks like a higher low. That doesn’t automatically mean the downtrend is gone, but it does indicate that selling pressure has eased for now.
What really stands out is how the NEAR price has worked its way back above the 21-day moving average. This level often acts as a momentum filter. When price stays below it, rallies tend to fade quickly. When it holds above it, buyers usually gain a bit more confidence and stop being so quick to sell into every bounce.
Ethena Price Prediction: Where Is the ENA Price Headed Next?_**
Why this Level Is So Important for NEAR
Zooming out on the daily chart shared by Michaël van de Poppe, the main level everyone is watching is the resistance zone around $1.95.
The NEAR price has reacted here several times, which tells us this area still matters. It’s the kind of level that can stall price if buyers hesitate, but it can also spark a stronger move if it finally flips into support.
Source: X/@CryptoMitchNL
Just below that sits a smaller decision zone around the $1.80 area. NEAR is already trading close to it, which makes the next few sessions important. If price can stay above the 21-day moving average and keep building higher lows, another test of $1.95 looks likely.
A clean break above $1.95 would change the tone quickly. Above that, the chart opens up toward the $2.20 to $2.40 region, where price paused before in the past. Beyond that, the bigger target becomes the pre-October breakdown area near $3, which lines up with a wider resistance zone from earlier price action.
XRP Price Outlook: Can $XRP Replace Bitcoin as Digital Gold?_**
What’s Next for NEAR?
From here, the NEAR price prediction really comes down to how price behaves around these levels.
If NEAR holds above the 21-day moving average and pushes through $1.95, the bullish path points toward $2.20–$2.40 first. If momentum builds and buyers stay active, a move toward $3 starts to make sense, although that zone will likely bring some selling pressure.
On the flip side, if NEAR can’t reclaim the $1.80–$1.95 area and slips back below the 21-day moving average, this bounce may just be temporary. In that case, the recent higher low around the mid-$1.50s becomes key support. Losing that would put the recent lows back in play, with the $1.40 area acting as the next downside reference.
For now, the NEAR price is doing enough to stay interesting. But whether this turns into something bigger still depends on one thing: what happens when price meets $1.95 again.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Santiment: Fed Pause on Rate Hikes Ignites Rebound Expectations, Bitcoin May Enter Bull Market Window but Beware of "Traps"
On March 19, after the Federal Reserve maintained interest rates unchanged, cryptocurrency market sentiment turned bullish, with traders increasing bets on a Bitcoin rebound. However, the market doubts the sustainability of the rebound, with analysts warning of a possible "bull trap." Bitcoin price is around $70,800, with the sentiment index still showing "extreme fear," and market volatility is influenced by factors such as interest rate trajectory and stock market performance.
GateNews21m ago
Bitcoin dips back below $75,000 on the eve of the Federal Reserve decision
Bitcoin recently touched $75,000 but failed to sustain the level, pulling back to $74,000, reflecting cautious sentiment among investors ahead of the upcoming Federal Reserve interest rate decision. Geopolitical risks and elevated energy prices have driven inflation higher, affecting market expectations for rate cuts and pushing the timeline for cuts to year-end. Technical analysis shows Bitcoin remains strong but has not confirmed a decisive breakout above the $75,000 level, with limited upside potential in the near term.
区块客59m ago
ETF Absorbs Over $1.1 Billion Yet Struggles to Rescue the Market? Powell and Oil Prices Team Up to Put Pressure On, Bitcoin Breaks Key Support
Despite Bitcoin ETF inflows of $1.16 billion, Bitcoin price pulled back to $71,000, declining over 4%. Analysts attribute the pullback to interest rate expectations and inflation pressures, while ETF inflows indicate that institutions view Bitcoin as a long-term asset. The weakness in U.S. equities has also impacted the crypto market.
GateNews2h ago
XRP Today’s News: Goldman Sachs Holds 154 Million XRP in ETF, Institutional Buying Fails to Drive Up the Price
Goldman Sachs has become the largest public holder of XRP spot ETF with a position of approximately $154 million, but this institutional signal has yet to be reflected in the coin price, with XRP still hovering around $1.29. Technical analysis shows that the $1.50 support level is critical, and a breakthrough could push prices higher.
MarketWhisper3h ago
Whale Buys Million in Ethereum! Low-Level Rebound Signals Emerge, Is ETH Price Inflection Point Coming?
Recently, an Ethereum whale returned to the market, purchasing 50,706 ETH with 111 million USDT, demonstrating confidence in the current price. Meanwhile, other large wallets have exhibited similar buying behavior, elevating market attention toward Ethereum. Although Ethereum's price continues to face pressure, institutional capital inflows and improved regulatory environment in the United States provide certain support to the market, potentially establishing mid-term support levels.
GateNews3h ago
Today's cryptocurrency fear and greed index dropped to 23, with the market shifting to an extremely fearful state.
Gate News: On March 19, according to Alternative.me data, today's cryptocurrency Fear and Greed Index dropped to 23, with the market transitioning from yesterday's "panic state" (index 26) to "extreme panic state."
GateNews4h ago
