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- NEAR launched Near.com to simplify crypto access using AI automation.
- Token remains in a downtrend despite product innovation.
- Adoption growth could shape long-term sentiment more than short-term price.
NEAR Protocol has unveiled Near.com, a new consumer-focused crypto wallet designed to make blockchain use simpler through artificial intelligence. The launch marks a strategic attempt to broaden mainstream adoption while the NEAR token itself continues to trade under bearish pressure.
The new wallet removes several traditional barriers to entry, including gas fee complexity, private key handling, and network switching. By bundling multiple blockchain functions into a single interface, Near.com aims to make decentralized finance more approachable for everyday users and automated AI agents alike.
AI Wallet Push Signals Adoption Strategy
Near.com supports bitcoin, stablecoins, NFTs, and other digital assets within one environment. The app also introduces a confidential mode intended to enable more private transactions, hinting at future use cases involving AI-driven financial tools and automated digital agents.
The release positions NEAR in more direct competition with established wallet ecosystems like MetaMask and Coinbase Wallet. By emphasizing usability and automation, the network appears to be betting that AI integration could become a key differentiator in the next phase of crypto adoption.
While the product rollout may strengthen NEAR’s long-term positioning, markets have yet to react positively in the short term.
Price Structure Remains Bearish
NEAR is currently trading near $0.97, showing continued weakness and holding below multiple key moving averages. Price remains under the 20-day, 50-day, 100-day, and 200-day SMAs, reinforcing the broader downtrend visible on TradingView charts.
Immediate support lies around $0.94–$0.95. A break below this range could expose deeper downside toward $0.78. On the upside, reclaiming $1.10 would be the first sign of recovery, potentially opening room toward $1.33 and higher resistance levels.
Momentum Indicators Show Weakness but Stabilizing Pressure
Technical indicators suggest selling pressure may be slowing but not reversing. The RSI sits near 34, indicating weak momentum without reaching extreme oversold levels. Meanwhile, the MACD remains bearish, though flattening histogram bars hint that downside momentum could be easing.
Also Read: Shiba Inu Crash or Comeback? 3 Signals Suggest SHIB May Be Near a Turning Point
A bullish crossover could trigger a short-term bounce, but sustained strength would likely require a decisive move above major resistance zones.
The launch of Near.com highlights NEAR Protocol’s push toward AI-driven blockchain usability, signaling a long-term bet on automation and accessibility. However, despite the strategic product rollout, the token’s technical structure remains fragile. For now, adoption narratives may support sentiment over time, but price action suggests traders are still waiting for confirmation of renewed demand.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
