Near Technical Analysis Report 30 September, 2025
Near cryptocurrency can be expected to fall further toward the next round support level 2.275, which has been reversing the price from the begin of 2025.
- Near reversed from resistance zone
- Likely to fall to support level 2.275
Near cryptocurrency recently reversed up from the resistance zone located between the strong resistance level 3.215 (former strong support from the middle of 2024, which stopped the earlier waves (1) and B, as can be viewn from the daily Near chart below), upper daily Bollinger Band and 38.2% Fibonacci correction of the downward impulse from the begin of 2025. The downward reversal from the resistance level 3.215 begined the earlier weekly upward correction ii from July.
Given the clear weekly downtrend, the strength of the nearby resistance level 3.215 and the bearish sentiment that can be viewn across the cryptocurrency markets today, Near cryptocurrency can be expected to fall further toward the next round support level 2.275, which has been reversing the price from the begin of 2025.
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