NEAR Price Near Critical Levels as Bearish Fractal Repeats 26% Drop Risk

Near Protocol (NEAR) has seen a notable price surge in late July and early August 2025, as the asset retraces a chart pattern previously observed in the market, drawing attention from traders and analysts [1]. The recent price action has mirrored a bearish fractal formation, with NEAR currently trading near critical technical levels that could determine its next directional move. While the broader cryptocurrency market has shown signs of consolidation, NEAR’s performance has demonstrated relative strength, especially against a backdrop of mixed market conditions [1].

On the daily chart, NEAR is forming a symmetrical triangle pattern, with short-term momentum showing signs of fatigue. A bearish ABCD fractal has emerged, closely resembling a setup observed earlier in the year, when NEAR encountered resistance at a key level—known as the “C” point—and subsequently experienced a significant correction [1]. In mid-June, the price stalled at $2.85 and broke below both the 25-day and 100-day moving averages (MAs), triggering a 33% decline toward the Potential Reversal Zone (PRZ) near $1.81. This historical pattern is now repeating itself, with NEAR currently trading just below its 25-day MA and hovering near the 100-day MA at $2.54 [1].

If the bearish fractal continues to play out, a clean break below the 100-day MA could lead to another decline toward the PRZ and lower trendline support near $1.94—approximately a 26% drop from current levels [1]. Conversely, a bullish scenario remains possible. If NEAR manages to reclaim the 25-day MA and close above $2.85, the bearish setup could be invalidated, opening the door for renewed buying pressure and a potential push toward the triangle’s upper boundary [1].

The NEAR Protocol, a high-performance blockchain platform designed for decentralized applications and smart contracts, has been gaining traction due to its scalability and developer-friendly infrastructure. This growing interest is likely contributing to the asset’s recent momentum, even as major cryptocurrencies like Ethereum and Bitcoin dominate broader market discussions [1]. The platform’s technical improvements and expanding use cases are increasingly attracting both developers and end-users, potentially supporting long-term demand.

Historically, similar fractal patterns have appeared in other altcoins, such as MNT, where a breakout above key technical levels led to extended upward movements [1]. Analysts suggest that a breakout above NEAR’s 100-day MA could serve as a pivotal moment in its short-term trajectory, potentially aligning with long-term price expectations if buying momentum remains strong [1].

Despite the positive technical indicators, it is important to emphasize that past price patterns do not guarantee future performance. The cryptocurrency market remains highly speculative and subject to sudden shifts due to macroeconomic factors, regulatory news, and project-specific developments. While NEAR is currently forming a bullish pattern, traders are advised to remain cautious and monitor key levels for confirmation of a sustained upward trend [1].

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[1] https://www.binance.com/en-TR/square/profile/CoinsProbe