NEAR Protocol (NEAR) on Tuesday launched Near.com, a consumer-focused crypto wallet that integrates artificial intelligence to simplify blockchain use. The wallet removes traditional friction points such as gas fees, private key management, and network switching.
It supports bitcoin, stablecoins, NFTs, and other tokens in a single interface, making it easier for mainstream users and AI agents to interact with decentralized finance.
According to NEAR’s official announcement, the app introduces a confidential mode for private transactions, positioning Near.com as potential infrastructure for AI-driven financial applications.
The launch represents a strategic push to make NEAR more accessible and competitive against established wallets like MetaMask and Coinbase Wallet.
Also Read: NEAR Protocol (NEAR) Holds $1.80 Key Support With $3.30 in Sight
The NEAR Protocol (NEAR) is trading at $0.97, down approximately 3% over the past 24 hours, as per the Tradingview chart.
The price remains below the 20-day SMA at $1.02, the 50-day SMA at $1.33, the 100-day SMA at $1.52, and the 200-day SMA at $2.04, maintaining a clear bearish structure. Immediate support is near $0.94–$0.95, with a stronger breakdown risking a move toward $0.78–$0.75.
On the upside, recovery above $1.10 could open targets at $1.33 and $1.52, while extended bullish potential exists near $2.04. One must keep a close eye on the price movements, as the adoption of Near.com may influence the market sentiment.
From a technical indicator perspective, the RSI (14) is in the area of 34, just above the oversold region but not deeply within it. Momentum is weakening, although a relief rally may emerge if the RSI rises above 40.
Historical patterns indicate that the RSI will rebound alongside price strength, although a breakout above the 50 level is required for sustained strength.
The MACD remains bearish, with the signal line resting above the MACD line and the histogram touching just below zero. However, the momentum is levelling off, which indicates that the selling pressure is abating.
A bullish crossover may trigger a short-term move upwards to $1.02-$1.05, while a bearish trend could see the price fall to $0.92, or even $0.88, if support levels fail.
However, NEAR is looking to AI-powered wallets to lead the next level of blockchain adoption, as opposed to traditional crypto apps. NEAR Protocol (NEAR) investors and traders may be influenced by token pricing and adoption trends.
Also Read: NEAR Protocol Eyes Bullish Turn After Solana Network Listing
