The AI crypto narrative is gaining momentum once again, with tokens such as Near Protocol (NEAR), Internet Computer (ICP), and Render (RENDER) emerging among the market’s strongest performers. NEAR has climbed more than 10% over the past 24 hours to trade near $2.89, while trading volume has nearly doubled since the start of the month, signaling growing investor interest.
Following a brief pullback, the NEAR price has staged a strong recovery and reclaimed the crucial $2.75 resistance level, reinforcing the bullish outlook. With buyers now attempting to establish a foothold above $3, traders are watching closely as the token approaches a price range that has remained largely untested since November 2025. The key question is whether NEAR can sustain its momentum and absorb potential profit-taking pressure or if another correction awaits before the next leg higher.
NEAR Price Reclaims Multi-Month Support-Resistance Zone
After months of trading below a key resistance zone, NEAR Protocol appears to be on the verge of a major technical breakout. The weekly chart shows the token reclaiming the crucial $2.75-$3.10 range, an area that acted as both support and resistance throughout 2025. A successful close above this zone could mark a significant shift in market structure and strengthen the case for an extended recovery rally.
The latest surge has also pushed NEAR back toward its 200-week moving average near $3, a level that often serves as a key trend indicator. Meanwhile, weekly trading volume has risen sharply alongside the price, suggesting the rally is being supported by genuine market participation. The weekly RSI has climbed above 70 for the first time in months, highlighting strong buying pressure and renewed investor confidence.
Will NEAR Price Reach $3.5 This Month?
NEAR Protocol price is showing one of its strongest technical structures in months, with the weekly chart signaling a potential breakout above a key resistance zone. If bulls successfully flip the $2.75-$3.10 range into support, a move toward the $3.5-$3.75 region appears increasingly likely. However, sustaining the rally will depend on whether buyers can maintain momentum and absorb profit-taking pressure as the token approaches these higher levels.
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