- NEAR Protocol price prediction stays bullish above $3.26, needing to hold the level after a cup and handle breakout that spiked NEAR to $4.55
- Ondo’s tokenized NVIDIA, Tesla, Apple, and QQQ shares went live on near.com through NEAR Intents, accessible with USDC, bitcoin, or other assets across 30+ networks
- NEAR derivatives open interest jumped to $1.35 billion, with longs absorbing the bulk of a $15.29 million liquidation wave as price cooled from its spike
NEAR Protocol price prediction stays bullish above $3.26, the Parabolic SAR level NEAR needs to hold after a sharp cup and handle breakout carried price from around $3 to a high of $4.55 since last week.
Can NEAR Hold $4 After Its Cup Breakout?
That’s the question this week. NEAR trades near $4.2992, down 0.72% today after pulling back from a weekly high of $4.5527, cooling off following a sharp breakout from a cup and handle pattern that took shape between May and September. The pattern’s depth projects a measured move target near $5.95, based on the roughly 96.27% cup depth added to the breakout point.
All four EMAs sit well below current price in a fully bullish stack, the 20-day at $3.2534, the 50-day at $2.5895, the 100-day at $2.2461, and the 200-day at $2.0328, confirming this move has decisively reversed the downtrend that dominated most of the year. The Parabolic SAR has climbed to $3.2624, just below the 20-day EMA, giving buyers a support cluster to defend if this week’s spike continues to cool.
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NEAR Support and Resistance Levels
| Type | Price |
| Resistance | $4.55 |
| Resistance | $5.00 |
| Resistance | $5.95 |
| Support | $3.26 |
| Support | $2.59 |
| Support | $2.25 |
NEAR Protocol News: Ondo’s Tokenized Stocks Go Live on NEAR
Ondo’s tokenized stocks and ETFs went live on near.com through NEAR Intents, according to The Block, a post NEAR Protocol’s official account reposted this week. Eligible users can now buy and hold tokenized shares of NVIDIA, Tesla, Apple, and QQQ using USDC, bitcoin, or other supported assets across more than 30 networks.
The integration positions NEAR as infrastructure for real-world asset access rather than just a settlement layer for crypto-native tokens, letting users tap traditional equity exposure without leaving the NEAR ecosystem or converting through a centralized exchange first.
Co-Founder to Discuss Private AI and Finance at TOKEN2049
NEAR co-founder Illia Polosukhin, who co-authored the original transformer architecture paper that underpins modern AI models, will speak at TOKEN2049 on October 7 about how NEAR is building toward user-owned AI and finance, according to NEAR Protocol’s official account. TOKEN2049 confirmed the session will explore whether AI and finance can be private by default, framing NEAR’s pitch around encrypted prompts and encrypted assets.
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The appearance ties NEAR’s AI research pedigree directly to its current product positioning, using Polosukhin’s academic background as a credibility anchor for the network’s privacy-focused AI and finance narrative ahead of a major industry conference.
Longs Take the Hit as Open Interest Explodes
NEAR derivatives trading volume rose 67.39% to $3.97 billion in 24 hours. Open interest—the value of active futures positions—jumped to $1.35 billion after remaining below $500 million for months.
As NEAR pulled back from its recent high, bullish traders suffered most. Long liquidations reached $12.03 million, compared with $3.25 million for shorts. Traders still favor further gains, with long-to-short account ratios at 1.85 on Binance and 1.76 on OKX.
| Metric | Value | What it shows |
| Derivatives volume (24h) | $3.97B, up 67.39% | Trading activity exploded |
| Open interest | $1.35B, roughly flat | Positions holding near a multi-month high |
| 24h long liquidations | $12.03M of $15.29M total | Longs took the bulk of today’s losses |
| Binance long/short ratio | 1.85 | Traders leaning long |
NEAR Protocol Price Prediction: Bullish and Bearish Scenarios for This Week
Bullish Case, Target: $5
NEAR holds above $3.26 and stabilizes after this week’s sharp move. Continued attention on the Ondo tokenized stock integration and NEAR’s TOKEN2049 presence could support a push back toward the weekly high near $4.55 and eventually $5.00.
Bearish Case, Risk Level: $2.59 (50-Day EMA)
NEAR loses the Parabolic SAR support at $3.26 and gives back a larger share of this week’s spike. Continued long liquidations or fading enthusiasm following such an outsized breakout would fit that scenario, exposing the 50-day EMA at $2.59 next.
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FAQs
NEAR could extend toward $5.00 if it holds above $3.26 following its cup and handle breakout. Losing that level risks a slide toward the 50-day EMA at $2.59.
Ondo’s tokenized stocks and ETFs, including NVIDIA, Tesla, Apple, and QQQ, went live on near.com through NEAR Intents, letting eligible users buy and hold them using USDC, bitcoin, or other supported assets across more than 30 networks.
NEAR broke out of a cup and handle pattern that had formed since May, coinciding with the Ondo tokenized stock launch and renewed attention on NEAR’s AI and privacy-focused positioning ahead of TOKEN2049.
Mixed in the very short term. Longs took the bulk of today’s liquidations as price cooled from its weekly high, but traders remain net positioned long overall on major exchanges.
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