NEAR Protocol Price Retreats From $6 as Support Holds

The NEAR Protocol token retreated toward the $4.97 mark, trading approximately 17% below a recent high of $6, according to data from CryptoNews. The daily MACD indicator turned negative with the price falling slightly below its 20-day simple moving average of $5.029, while the weekly Supertrend indicator maintained a bullish reading at $2.95.

Technical Indicators Show Mixed Momentum

Daily chart readings indicated a loss of short-term upward momentum following a September advance that carried the token from the low-$2 range into a trading band above $4. The daily MACD line stood at 0.442, positioned below its signal line at 0.521 with a negative histogram reading of minus 0.079. Meanwhile, longer daily moving averages remained beneath the current market price, with the 50-day average at $3.559, the 100-day average at $2.675, and the 200-day average at $2.208.

On the weekly timeframe, the Awesome Oscillator remained positive at 2.544, contrasting with the bearish crossover observed on the daily chart. Analyst Giannis Andreou pointed to $4.50 as a key downside floor and $6 as the threshold for a weekly breakout required to target higher resistance levels near $8.809 and $16.

Key facts

• NEAR traded at $4.976 on Oct. 13, down 2.30% for the session with a daily range between $4.89 and $5.368.
• The 20-day simple moving average was positioned at $5.029, just above the market price.
• Analyst Giannis Andreou identified $4.50 as a key support floor and $6 as the weekly breakout threshold.
• CoinGlass liquidation data showed active clusters around $4.85–$4.90 and $4.50–$4.60 below the market.