NEAR tokens surge strongly after a sharp decline trend

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 significantly after months of decline. In fact, during 2025, the token’s price 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, the token seems to have finally emerged from the most severe phase of this decline. As of Tuesday when this article was written, the token experienced a notable partial rebound, pushing its price up to $1.8 per unit.

According to data from CoinMarketCap, the token performed steadily, approaching double-digit green in the 24-hour chart. Meanwhile, the weekly performance remained essentially flat after a long decline. This behavior has rekindled investor interest in the possibility of the current rebound continuing.

The good performance of the NEAR token is reinforced by a trading volume increase of over 20% in the past 24 hours, reaching $255.6 million. At the same time, the market capitalization reached $2.33 billion, propelling the asset to the 39th position globally on this data portal.

Although the token is well below the highs created at the beginning of 2025, the current momentum could be a positive signal. In this sense, recovering from current levels to $5 could represent a substantial return for investors.

Will there be a larger rebound for the NEAR token?

Given the many factors involved, determining NEAR’s short-term price performance is complex.

First, it is worth noting that most investors are exhausted after months of long decline. This means any potential rebound will largely depend on new capital inflows, many of which are speculative in nature.

This potential volatility could be exacerbated by sharp fluctuations in Bitcoin’s price, which often have a direct impact on altcoins. Under these conditions, making reliable predictions for the token’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 slow 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 dominate the price trend.

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 NEAR are more accessible. However, this does not necessarily mean these estimates are more reliable. Predictions based on historical behavior are usually strictly indicative.

Within this framework, CoinCodex predicts bullish momentum over the next 30 days. During this period, the chart indicates the price could rise to $2.24, with over $3.23 of room per unit within a 90-day timeframe.

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