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NEAR Protocol ($NEAR) Crypto Forecast: Down 5.1% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is NEAR Protocol?

NEAR Protocol is a cryptocurrency token aiming to provide a scalable, developer-friendly platform for decentralized applications. The cryptocurrency market has recently shown volatility, with investors closely monitoring price movements and market trends.

Why is NEAR Protocol going down?

NEAR crypto is down 5.1% on Oct 30, 2025 12:25

  • NEAR Protocol experienced a bearish movement despite positive news of OceanPal's $120 million SovereignAI deal, suggesting external factors may not significantly impact NEAR's price.
  • The rejection around a key resistance zone earlier in the week likely contributed to the bearish movement, with technical levels playing a crucial role in shaping investor sentiment.
  • The stability of NEAR's price around $2.24 indicates a consolidation phase, with traders awaiting a clear direction before entering new positions.

NEAR Price Chart

NEAR Technical Analysis

NEAR News

NEAR Protocol Price Forecast: NEAR steadies despite OceanPal’s $120 million SovereignAI deal boosts outlook

NEAR Protocol (NEAR) price steadies around $2.24 at the time of writing on Wednesday, after being rejected around a key resistance zone earlier this week.

https://www.fxstreet.com/cryptocurrencies/news/near-protocol-price-forecast-near-steadies-despite-oceanpals-120-million-sovereignai-deal-boosts-outlook-202510290819

0 Missing News Article Image NEAR Protocol Price Forecast: NEAR steadies despite OceanPal’s $120 million SovereignAI deal boosts outlook

NEAR Protocol Price History

30.09.2025 - NEAR Crypto was down 5.1%

  • NEAR Protocol experienced a bearish movement despite positive news of OceanPal's $120 million SovereignAI deal, suggesting external factors may not significantly impact NEAR's price.
  • The rejection around a key resistance zone earlier in the week likely contributed to the bearish movement, with technical levels playing a crucial role in shaping investor sentiment.
  • The stability of NEAR's price around $2.24 indicates a consolidation phase, with traders awaiting a clear direction before entering new positions.

30.04.2025 - NEAR Crypto was down 5.7%

  • Despite the positive sentiment surrounding NEAR, the token experienced a bearish movement today.
  • The conflicting nature of the analysis, with some sources predicting double-digit gains and others highlighting NEAR's strong performance, may have led to confusion among investors.
  • It's possible that profit-taking or a market correction influenced NEAR's bearish movement, especially after a period of significant growth.
  • Investors should closely monitor market trends and updates to make informed decisions regarding NEAR's future performance.

30.04.2025 - NEAR Crypto was down 8.3%

  • NEAR experienced a strong bearish movement today amidst a broader market decline.
  • The uncertainty surrounding US tariffs may have contributed to the negative sentiment in the crypto market, leading to NEAR's bearish movement.
  • Despite the positive price predictions and gains, external factors such as regulatory concerns can quickly reverse market sentiment.
  • Investors should closely monitor market developments and news related to regulations to gauge the future movement of NEAR and other cryptocurrencies.

03.05.2025 - NEAR Crypto was up 5.2%

  • NEAR token significantly increased in value despite the overall downward trend in the crypto market.
  • positive forecasts and market sentiment towards AI tokens like NEAR were among the factors behind its substantial gains.
  • The emphasis on scalability and dApp-friendly usability on the NEAR Protocol likely appealed to investors, fueling its rise.
  • NEAR outperformed many other cryptocurrencies in terms of return on investment, signaling strong investor belief in its potential for future growth.

10.09.2025 - NEAR Crypto was up 7.4%

  • NEAR's price has surged by 4% due to increased retail interest and a rise in bullish bets in NEAR derivatives, indicating growing investor confidence in the token.
  • The steady trend in Total Value Locked (TVL) on Near Chain suggests a rising demand for NEAR, further supporting its price increase.
  • The combination of retail interest, bullish bets, and a positive TVL trend indicates a favorable sentiment towards NEAR, driving its bullish movement today.

19.08.2025 - NEAR Crypto was up 5.1%

  • NEAR experienced a strong bullish movement today, outperforming other cryptocurrencies like ImmutableX and Avalanche.
  • The positive price action can be attributed to the broader cryptocurrency market recovery over the last 24 hours.
  • Additionally, NEAR's extended rebound may have been influenced by the revival of interest in the AI economy, particularly with Ethereum making headlines in the space.
  • Overall, NEAR's performance reflects both market dynamics and specific sector trends, contributing to its bullish outlook.

07.07.2025 - NEAR Crypto was up 5.0%

  • NEAR Protocol (NEAR) defied the trend seen in other AI tokens like Bittensor (TAO) and experienced a strong bullish movement.
  • The positive market sentiment towards NEAR could be attributed to its unique scalability features and usability for decentralized applications, which set it apart from other AI tokens.
  • Despite the risk-off sentiment in the AI sector and the broader cryptocurrency market, NEAR's performance indicates that investors may be recognizing its potential for long-term growth.
  • The bullish movement in NEAR today might have been further fueled by positive developments or partnerships within the NEAR ecosystem, attracting more investors to the token.

26.04.2025 - NEAR Crypto was up 5.4%

  • NEAR Protocol is gaining popularity as a top cryptocurrency to consider investing in, alongside other well-known tokens like XRP and Polkadot.
  • A notable collaboration among tech industry leaders OpenAI, Oracle, Nvidia, and Cisco to create an AI hub in the UAE may have boosted investor confidence in NEAR and other AI-related tokens.
  • The rise in presales and optimistic projections for NEAR, including Unstaked's $1M giveaway and a $5 price target, have all contributed to its upward performance.
  • The positive market sentiment, advancements in AI technology, and strategic partnerships within the cryptocurrency space appear to be backing NEAR's current bullish trend.

16.06.2025 - NEAR Crypto was up 6.2%

  • NEAR experienced a strong bullish movement today, likely driven by the overall positive sentiment towards AI tokens in the market.
  • The surge in NEAR's price could be attributed to the increased interest and investment pledges from tech giants like Google and Meta in AI-related projects, creating a bullish momentum for AI tokens.
  • Trump's energy and AI innovation push might have also contributed to the positive market movement of NEAR, as investors are optimistic about the future growth prospects of AI technologies.

29.04.2025 - NEAR Crypto was up 5.4%

  • NEAR's bullish movement can be attributed to being highlighted as one of the best ROI cryptos currently, alongside Nexchain and TAO, which has attracted investor interest.
  • The lead of NEAR among AI tokens ahead of Nvidia's Q1 earnings report may have sparked further optimism and investment in the token.
  • The announcement of a collaboration between tech giants OpenAI, Oracle, Nvidia, and Cisco to establish a Stargate AI campus in the UAE may have created a positive sentiment around AI tokens like NEAR, leading to extended gains.
  • The overall positive sentiment towards NEAR as a top-trending crypto to buy now, along with the developments in the AI and tech industry, likely contributed to NEAR's bullish movement today.

27.04.2025 - NEAR Crypto was up 5.7%

  • NEAR's increase in value may be linked to its status as one of the top-performing cryptocurrencies currently, sparking investor interest and driving up its price.
  • The collaboration of tech giants such as OpenAI, Oracle, Nvidia, and Cisco to establish an AI campus in the UAE might have created a positive outlook on AI tokens like NEAR, contributing to its continued growth.
  • Various presale surges and giveaway campaigns by projects like Unstaked could have also played a part in NEAR's rise, attracting more investors with the promise of potential profits.

04.06.2025 - NEAR Crypto was down 7.1%

  • Despite the bullish structure and positive sentiment in the cryptocurrency market, NEAR Protocol faced a bearish movement, indicating a possible divergence from the overall market trend.
  • The launch of NEAR staking ETP by Bitwise Europe may have initially boosted confidence in NEAR Protocol, but other factors such as profit-taking or market manipulation could have led to the bearish movement.
  • Investors might have reacted to certain news or developments within the NEAR ecosystem that raised concerns, causing a sell-off and driving the price down.
  • It's essential for traders to closely monitor both technical indicators and fundamental news to navigate through the volatile cryptocurrency market and make informed trading decisions.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.