• NEAR Protocol declines sharply despite technical optimism for a midline breakout.
• Analysts spotlight channel-pattern resistance as a potential launch point for recovery.
• Long-term forecasts diverge, reflecting uncertainty across 2025 price projections.

NEAR Protocol (NEAR) is currently trading at $2.27, marking a 7.46% decline in 24 hours. Trading activity also contracted, with volume falling 8.67% to $400.6 million, underscoring reduced short-term participation. Over the last seven days, NEAR mirrored broader market volatility, recording a 22.95% loss, placing it among the weaker performers in the large-cap altcoin segment.

Market observers note that these declines coincide with shifting risk sentiment across the crypto landscape, where investors appear increasingly cautious amid global macroeconomic uncertainty. Despite this retracement, analysts suggest that NEAR remains positioned within a long-term technical structure that could influence upcoming price direction.

NEAR Price Moves Within Parallel Channel

Crypto analyst Jonathan Carter emphasized that NEAR continues to trade within the boundaries of a parallel channel pattern on the 2-day chart, a formation that has guided its price trajectory for several months. According to Carter, the midline of this channel is now approaching a decisive test.

A confirmed breakout above the mid-channel region may act as a catalyst for renewed bullish momentum, potentially pushing NEAR toward successive upside targets at $3.55, $4.70, $5.90, and $7.55.

Carter stressed that investor sentiment could shift rapidly if the token manages to establish strength above this technical barrier. However, with current market momentum skewed to the downside, buyers must reclaim lost ground to validate the bullish scenario.

Also Read | NEAR Protocol Hits Explosive New Highs and Eyes $10 and Beyond

NEAR Price Prediction for 2025

According to DigitalCoinPrice that NEAR could surpass $5.07 by year-end. The platform indicates potential for the token to approach or even revisit its previous all-time high of $20.42, placing possible trading ranges between $3.77 and $5.07 in the near term.

In contrast, Changelly’s 2025 analysis presents a more conservative picture. Their forecast places the year’s minimum expectation at $2.52, with a maximum of $2.75 and an average price of $2.98, amounting to a potential ROI of 14.1%. For November 2025, the platform anticipates values between $2.47 and $2.75, maintaining similar return estimates.

Also Read | NEAR Protocol (NEAR) Signals Mixed Technical Indicators: What Could Drive the Next Move?