The NEAR token rises strongly after a sharp downtrend

Source: CritpoTendencia Original Title: The NEAR token rises strongly after a sharp bearish trend Original Link: In the past few hours, the NEAR token (from the same-named blockchain) has surged after months of decline. In fact, during 2025, the price of this currency continued to fall, reaching its lowest point at the end of December. From $5.75 on January 17, 2025, the price dropped to $1.41 on December 18 of the same year.

However, after nearly a year of downward pressure, this currency seems to have finally emerged from the most critical phase of this decline. At the time of writing, the token has experienced a significant partial recovery, pushing its price to $1.8 per unit.

According to data from CoinMarketCap, this currency has performed steadily, approaching double-digit growth on the 24-hour chart. Meanwhile, the weekly return has remained flat after a long downward phase. This performance has rekindled investor interest in the current rebound continuation.

The good performance of the NEAR token has been supported by a trading volume increase of over 20% in the past 24 hours, reaching $255.6 million. At the same time, the market capitalization has risen to $2.33 billion, placing the asset at number 39 in the global rankings on the aforementioned data portal.

Although this currency is far below the highs reached in early 2025, the current momentum could be an optimistic signal. In this sense, a recovery from current levels to $5 could represent a substantial return for investors.

Will there be a larger-scale NEAR token price rebound?

Predicting NEAR’s short-term performance is complex, considering the many factors involved.

First, it is worth noting that, after months of continuous decline, a large portion of investors are exhausted. This means that any potential recovery will largely depend on the influx of new capital, many of which are speculative in nature.

This potential volatility could be exacerbated by sharp fluctuations in Bitcoin’s price, which often directly impact altcoins. Under these conditions, developing reliable forecasts for the currency’s price is not an easy task.

At this point, the strength of the underlying NEAR Protocol network also plays a role, providing an additional level of confidence for organic investment.

It is worth recalling that this layer-one blockchain offers community-managed cloud computing services. Its main goal is to address limitations present in other networks, such as low transaction speeds, lack of interoperability, and other structural challenges.

All of these position it as a blockchain with significant potential. However, so far, this value has not been fully recognized by most investors, allowing speculative forces to continue dominating price movements.

In the long term, this scenario could change as blockchain-based solutions expand into traditional economic sectors.

Technical analysis predictions

From a technical analysis perspective, short-term price forecasts for the NEAR token are more straightforward. However, this does not necessarily mean these estimates are more reliable. Predictions based on historical behavior are generally only indicative.

Within this framework, one analysis portal expects upward momentum in the next 30 days. During this period, charts suggest the price could rise to $2.24, and within a 90-day timeframe, the price could exceed $3.23 per unit.

While these forecast levels remain below $5, they are particularly positive from the current standpoint. The portal uses 29 technical indicators, of which 21 point to an upward trend in the short term. Meanwhile, the market confidence index reflects 72% positive expectations.