NEAR Protocol Price Prediction: Is $5.95 the Next Stop After This Breakout?

$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

$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.

$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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