Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Near Protocol (NEAR) To Surge Higher? Key Pattern Formation Signals Potential Upside Move

Near Protocol (NEAR) To Surge Higher? Key Pattern Formation Signals Potential Upside Move

CoinsProbeCoinsProbe2025/12/08 14:30
By:Nilesh Hembade

Date: Mon, Dec 08, 2025 | 06:58 AM GMT

The broader crypto market is beginning to stabilize after a volatile weekend, with both Bitcoin (BTC) and Ethereum (ETH) recovering more than 2% today. This shift in sentiment is allowing several altcoins to reenter upward trajectories, including Near Protocol (NEAR), which is now showing signs of technical strength backed by a developing bullish structure.

Near Protocol (NEAR) To Surge Higher? Key Pattern Formation Signals Potential Upside Move image 0 Source: Coinmarketcap

Harmonic Pattern Hints at Potential Upside

On the 4-hour chart, NEAR is carving out a Bearish Butterfly harmonic pattern. While traditionally labeled bearish at completion, this setup usually drives stronger upside during its CD leg, before reaching the final reversal zone. The ongoing price movement suggests that NEAR is currently in that upward phase.

The pattern began at Point X near $1.989, followed by a corrective pullback into Point A. A rebound into the Point B region marked temporary resistance, before price retraced again into Point C near $1.643—an area now acting as the foundational support of the entire structure. From that point, NEAR has rebounded firmly and is currently trading around $1.77, indicating renewed buyer engagement.

Near Protocol (NEAR) To Surge Higher? Key Pattern Formation Signals Potential Upside Move image 1 Near Protocol (NEAR)/Coinsprobe (Source: Tradingview)

Price is now pushing toward the 100 moving average at $1.818, a level that aligns directly with harmonic progression. A close above this threshold will be a key trigger for continuation, allowing bullish momentum to gather further strength.

What’s Next for NEAR?

As long as NEAR maintains structure above $1.643, the current pattern remains valid and technically constructive. If bullish pressure successfully breaks and sustains above the 100 MA, the harmonic projection points toward the Potential Reversal Zone (PRZ) between $2.099 and $2.239. This area represents the typical completion zone for the Butterfly formation and may provide NEAR with an upside window of nearly 18% before pattern exhaustion becomes relevant.

The near-term chart tone is also supported by improved momentum profiles, with emerging higher lows indicating strong participation from buyers even during small corrective pauses.

The road to the PRZ may include short-term resistance reactions, but if NEAR continues to build atop the 100 MA, the setup supports a breakout-driven move rather than a fade.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin’s Abrupt Price Swings in Late 2025: Macroeconomic Triggers and the Actions of Institutional Investors

- Bitcoin's 2025 crash from $126,000 to $80,553 stemmed from macroeconomic shocks, institutional leverage risks, and regulatory shifts. - Trump's 100% China tariffs and Fed rate uncertainty triggered $19B in crypto liquidations, linking Bitcoin to equity market volatility. - Leveraged offshore trading platforms and de-pegged stablecoins exposed crypto's structural vulnerabilities during cascading margin calls. - U.S. Bitcoin ETF approval and EU MiCA regulation boosted institutional adoption, but post-crash

Bitget-RWA2025/12/11 08:38

Bitcoin Leverage Liquidation Spike: An Urgent Reminder for Enhanced Risk Controls in Cryptocurrency Trading

- Bitcoin's late 2025 price drop below $86,000 triggered $2B in leveraged liquidations, exposing systemic risks in over-leveraged retail trading. - Major exchanges reported $160M+ forced unwinds, with 90% losses from long positions and a $36.78M single liquidation highlighting concentrated risk. - Regulatory scrutiny intensified as U.S. SEC capped ETF leverage and CFTC examined stablecoin reserves, signaling growing focus on crypto market stability. - Retail traders showed emerging maturity through risk ca

Bitget-RWA2025/12/11 08:38
Bitcoin Leverage Liquidation Spike: An Urgent Reminder for Enhanced Risk Controls in Cryptocurrency Trading

Bitcoin’s Latest Downturn: Key Factors for Investors to Monitor in the Weeks Ahead

- Bitcoin fell below $100,000 in 2025 amid geopolitical tensions, U.S. trade tariffs, and regulatory shifts, raising concerns over market stability. - The Trump administration's pro-crypto policies, including the GENIUS Act and CFTC reforms, aim to boost adoption but face criticism over fraud risks. - Global regulatory divergence, from EU's MiCAR to UAE's innovation-friendly rules, highlights fragmented oversight and cross-border coordination challenges. - Central bank actions, including Fed rate hikes and

Bitget-RWA2025/12/11 08:14
Bitcoin’s Latest Downturn: Key Factors for Investors to Monitor in the Weeks Ahead
© 2025 Bitget