Plummets by 5%, then Surges in a Recovery Rally for NEAR Cryptoasset
In the ever-evolving world of cryptocurrencies, the NEAR token has recently experienced a significant event - a bullish breakout. This potential new upward trend could be a promising sign for investors, but the current analysis and forecast for NEAR is cautiously mixed.
As of early August 2025, NEAR is trading around $2.80. However, a slight expected decrease of 0.25% by August 11, 2025, might be on the horizon. Market sentiment indicators show a neutral-bullish sentiment at 56%, with a Fear & Greed Index reading of 67, indicating optimism or greed among traders[1].
The trading day in question ended with a bullish breakout above the previous trading range of $2.44 to $2.57. This breakout was preceded by a sharp morning selloff, but the market showed resilience and swiftly recovered. A volume spike of 3.2M units occurred at $2.44, followed by strong buyer defense[2].
Despite the bullish breakout, institutional selling occurred at $2.44. However, no new institutional selling was observed after the initial selloff, and the bullish breakout was not prevented[3]. The final hour showed a 1% gain, and the concentrated accumulation persisted, indicating potential further upside[4].
Price projections from crypto analysts suggest a potential drop to around $2.78 in August 2025, with a peak near $3.18. For September 2025, a wider range is expected, with a max possible price of $3.35 but drops to as low as $2.45. The average forecast is about $2.90[1].
In the longer term, analysts foresee prices range-bound roughly between $2.50–$2.80 in October and November 2025, showing a lack of strong upward momentum[1]. Despite this, there is cautious optimism owing to NEAR’s technology and Layer 1 growth prospects. However, its relative underperformance against peers like Bitensor Tao over the past year may suggest that any strong breakout will depend on improving fundamentals and market dynamics[3].
In summary, the short-term outlook for NEAR is mildly bearish with slight price declines expected in August 2025. The medium-term (next few months) forecast suggests range-bound trading between roughly $2.50 and $3.35. However, there is potential for moderate bullish gains later in 2025 depending on market recovery and adoption growth[1][3][4].
Investors should closely monitor NEAR's performance and keep an eye on institutional interest, as it may play a significant role in the token's price action. As always, it's essential to do thorough research and consider diversifying your portfolio to manage risk.
[1] CoinMarketCap. (2025). NEAR Price Prediction. [Online]. Available: https://coinmarketcap.com/currencies/near/
[2] Glassnode. (2025). NEAR Network On-chain Analysis. [Online]. Available: https://glassnode.io/research/near-network-on-chain-analysis
[3] Messari. (2025). NEAR (NEAR) Network Overview. [Online]. Available: https://messari.io/asset/near/network
[4] Santiment. (2025). NEAR Network Social & Development Activity. [Online]. Available: https://santiment.net/?p=coin/near
- Amidst the ongoing bullish breakout of the NEAR token, investors may wish to explore possible opportunities in the stock-market, as diversification can play a crucial role in managing risk, given the cautiously mixed analysis and forecast for NEAR.
- With the slight expected decrease in price and neutral-bullish sentiment in the stock-market, investors should closely monitor financing options for investing in NEAR, as understanding the market dynamics and potential price movements could lead to strategic decisions.
