Share this article
NEAR Surges 7% in Strong Bullish Recovery Rally
NEAR Protocol's exceptional trading volume of 5.82 million units signals sustained institutional accumulation above key resistance levels.
Updated Jul 14, 2025, 3:49 p.m. Published Jul 14, 2025, 3:49 p.m.
What to know:
- NEAR rallies 6.7% to $2.66, driven by altcoin momentum as Bitcoin hits a record $123K.
- Technical breakout confirmed, with support at $2.51, a V-shaped reversal, and a volume spike over 143K units.
- Key levels: resistance flipped to support at $2.62–$2.64; next targets lie at $2.70–$2.72.
NEAR rallied by 6.7% in the past 24 hours as altcoins begin to heat up following bitcoin's fresh record high at $123,000.
As investors anticipate a potential "altcoin season" several tokens like NEAR are reaping the rewards. NEAR jumped from $2.55 to $2.66 in the past 24 hours, representing a 7% range.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Support held firm at $2.51 before a breakout at 01:00 UTC driving prices up to $2.69 over the subsequent four hours.
It's worth noting that NEAR remains well below its 2024 high of $9.00, which was spurred by hype around AI tokens following the launch of apps like chat bot apps like ChatGPT.
Technical Indicators Summary
- Support confirmed at $2.51 during consolidation phases.
- Buying pressure maintains above $2.62-$2.64 resistance-turned-support.
- Higher lows pattern establishes throughout recovery phase.
- V-shaped reversal completes with 143,188-unit volume spike.
- Breakout above $2.67 confirms bullish continuation.
- Next resistance targets $2.70-$2.72 levels.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Sizin için daha fazlası
Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research
K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
Bilinmesi gerekenler:
- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
- The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
- With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.
Top Stories
