NEAR Protocol Faces Resistance at $2.89 as NEAR Price Tests Key Technical Levels
The post NEAR Protocol Faces Resistance at $2.89 as NEAR Price Tests Key Technical Levels appeared on BitcoinEthereumNews.com.
Terrill Dicki
Sep 14, 2025 10:46
NEAR price currently at $2.75 (-3.77% in 24h) as bulls challenge $2.89 resistance. Technical indicators show mixed signals with RSI at 59 and MACD bullish.
Quick Take • NEAR currently trading at $2.75 (-3.77% in 24h) • NEAR Protocol testing critical resistance at $2.89 with bullish MACD momentum • No major news catalysts in past week, price action driven by technical factors What’s Driving NEAR Protocol Price Today? The NEAR price movement over the past 24 hours appears primarily driven by technical factors rather than fundamental news events. With no significant announcements or partnerships reported in the past week, traders are focusing on chart patterns and key resistance levels. The 3.77% decline in NEAR price today represents a natural pullback after the token approached its immediate resistance zone around $2.89. This price action is occurring within a broader context where NEAR Protocol has been consolidating above its major moving averages, suggesting underlying strength despite today’s modest decline. Volume analysis from Binance spot market data shows $26.8 million in 24-hour trading volume for NEAR/USDT, indicating healthy market participation despite the lack of major news catalysts. NEAR Technical Analysis: Mixed Signals With Bullish Undertones The current NEAR Protocol technical analysis reveals a complex picture with several competing signals. NEAR’s RSI sits at 59.01, placing it firmly in neutral territory and suggesting room for movement in either direction without immediate overbought or oversold concerns. The most compelling bullish signal comes from NEAR Protocol’s MACD configuration. With the MACD line at 0.0517 well above the signal line at 0.0070, and a positive histogram reading of 0.0447, momentum indicators suggest underlying bullish pressure for NEAR Protocol despite today’s price decline. NEAR Protocol’s position within the Bollinger Bands tells an interesting story.…
Filed under: News - @ September 14, 2025 1:28 pm