institutional selling of NEAR Protocol causes a decline, but a slight recovery is observed amid continuing market turbulence.
The cryptocurrency market is witnessing a shift in the NEAR token's trend, as it demonstrates a cautiously bullish outlook following a series of institutional sell-offs. The token, which was trading around the $2.6–$2.7 range as of August 2025, has shown resilience above key support levels, despite a temporary drop due to sell volumes of about 20 million tokens in mid-August.
In the past hour, the NEAR token recovered to $2.82 after a slight increase of 0.35%. However, the trading volume during this hour was lower compared to the peak volumes recorded during the previous 24 hours. The token traded within a narrower range, with a band of $0.07, compared to the broader range observed in the previous hour.
During this hour, short-term resistance at $2.83-$2.84 was breached and not re-established, indicating a potential for further upward movement. In the following hour, the token gained 0.35% to $2.83, continuing its recovery.
Institutional buy volumes of 4.39M tokens were recorded during this hour, adding to the bullish sentiment. Preliminary support emerged near $2.81-$2.82, providing a floor for the token's price.
The recent trend for the NEAR token is characterized by short-term recovery after institutional sell-offs and successful breaches of resistance levels, alongside establishing preliminary support. This bullish trend, however, is tempered by bearish sentiments and cautious trader behavior amid macro market pressures and unmet price expectations.
Looking ahead, the future outlook for NEAR is cautiously optimistic, anchored on network upgrades, potential inflation cuts, and growing ecosystem activity. These factors, if successful, could lead to moderate price rallies in the near term. However, price volatility and bearish trading sentiment remain risks to monitor closely.
Price predictions for the near to mid-term present a wide range, reflecting uncertainty:
- August 2025: $1.0 - $3.50
- End 2025: ~$4.66
- 2028: ~$9.57
- 2030–2031: $22.22 to $71.78
These forecasts assume continued ecosystem development, adoption, and successful tokenomics reforms.
In conclusion, the NEAR token shows recovery signs after intense institutional selling, maintaining critical support and breaking short-term resistance. Its future outlook is cautiously optimistic, anchored on network upgrades, potential inflation cuts, and growing ecosystem activity, though price volatility and bearish trading sentiment remain risks to monitor closely.
- Investors might find the current recovery of the NEAR token, following a series of institutional sell-offs, an opportune time to consider investing, given the token's resilience and potential for further upward movement.
- As the NEAR token's future outlook is cautiously optimistic, with network upgrades, potential inflation cuts, and growing ecosystem activity, there could be future chances for financing in investing in this cryptocurrency, but risk management is crucial due to price volatility and bearish trading sentiment.
