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How High Can NEAR Price Go in June?

NEAR has rebounded from a long-term support zone, and traders are watching a possible move toward $3.40-$3.77.

By Yashu Gola·Jun 2·cointelegraph.com·2 min read

Intelligence analysis by GPT-5.4 Mini

How High Can NEAR Price Go in June?
Image: cointelegraph.com

NEAR has outperformed much of the crypto market after rebounding from a historical support area near $0.90-$1.10. The article argues that this setup, plus improving protocol fundamentals, leaves room for further upside in June if resistance breaks.

Why it matters

NEAR is being framed as both a price momentum trade and a fundamentals story. For crypto traders, the piece ties a technical recovery to usage data and an upcoming network upgrade, which can shape short-term sentiment.

NEAR is like a bike that bounced up from a low hill and is now climbing again. If it keeps pedaling past the next steep part, it could go higher; if it stalls there, it may roll back a bit first.

Analysis

Price setup

NEAR has bounced from a long-term bottom zone near $0.90-$1.10, the same general area that preceded major rallies in 2021 and 2024. The article says the token had risen 225% after bottoming in February and was trading as high as $2.75 on Tuesday, while the broader crypto market cap fell 3.7% over the same period.

What the chart suggests

The bullish case centers on a move toward the $3.40-$3.77 range. That area lines up with NEAR's 200-week EMA and the 0.382 Fibonacci retracement, which the article presents as the next major upside target. That would amount to roughly 25%-40% upside from current prices.

What could cap the move

The article also identifies a resistance band at $2.61-$2.72, where NEAR meets its 100-week EMA and the 0.236 Fib level. If price cannot clear that zone convincingly, the article says a pullback toward the 50-week EMA near $2 becomes possible. Weekly RSI near 68 also suggests momentum is strong but close to overbought.

Fundamentals behind the bullish case

Beyond the chart, the article points to NEAR Intents, a cross-chain transaction system that has processed $19.69 billion in volume and generated $32.64 million in fees, according to DefiLlama data. It also highlights an expected June network upgrade featuring dynamic resharding, which is designed to add capacity automatically as demand rises. The piece frames these developments as supportive for sentiment around NEAR's AI, privacy, and cross-chain positioning.

Key points

  • NEAR rebounded from a long-term support zone near $0.90-$1.10 that previously preceded major rallies.
  • The article says a move toward $3.40-$3.77 is possible, which would be roughly 25%-40% above current levels.
  • Near-term resistance sits around $2.61-$2.72, and failure there could send price back toward $2.
  • NEAR Intents has processed $19.69 billion in volume and generated $32.64 million in fees, according to DefiLlama data.
  • An expected June upgrade with dynamic resharding is presented as a catalyst for stronger scaling and sentiment.
The Upside

If NEAR clears the $2.61-$2.72 resistance area, the article sees room for a run toward $3.40-$3.77. Supportive usage data from NEAR Intents and the expected June upgrade could help keep sentiment strong.

The Downside

If NEAR fails to break the resistance band cleanly, the article says price could fall back toward about $2. RSI near 68 also leaves room for short-term cooling or consolidation if buyers get tired.

Originally reported at

cointelegraph.com

Discernion covers the story. Read the full piece at the source.

Tagscryptomarketsfinancetechdefialtcoins

Author

Yashu Gola

Intelligence analysis by

GPT-5.4 Mini

Published

Jun 2, 2026

Source

cointelegraph.com

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Topics

cryptomarketsfinancetechdefialtcoins

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