NEAR Protocol Market Analysis – May 2025
Current Price: ~$3.00
Market Cap Rank: #30
Market Cap: $3.75B
Timeframe: Daily
Trend: Bullish with short-term consolidation
Technical Overview:
Undervaluation Zone: NEAR is still in an undervalued range as per the Bull Market Valuation Tool.
Support Levels: $2.60 – $2.70 (strong demand zone)
Resistance: $3.40 (rejection zone)
Expected Move: Retest support at $2.60–$2.70 before a continuation toward upside.
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NEAR Trade Setup:
Entry: $2.65 – $2.75
Target 1: $3.40
Target 2: $5.80
Target 3 (Bullish): $9.00
Stop Loss: $2.30
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Market Sentiment Factors:
1. Total Crypto Market Cap:
Current: $3.2T
Target: $5.7T
Trend: Bullish, with potential consolidation before continuation.
2. Altcoin Market Cap:
Currently holding strong above $1.2T support.
Next targets: $1.6T and $2.4T
Altcoins are historically undervalued – ideal for accumulation.
3. USDT Dominance:
Falling trend = more funds flowing from stablecoins to altcoins
Current sentiment = bullish for altcoins
4. Bitcoin Dominance:
Watch for decline – signals altcoin season
If BTC dominance drops, expect strong altcoin rallies (including NEAR)
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Conclusion:
NEAR remains in a prime accumulation zone. With bullish signals from overall market cap, altcoin metrics, and USDT dominance, the crypto market could be gearing up for another leg up. A pullback to $2.60–$2.70 may offer a high-probability long setup.
