AI-focused cryptos are showing bullish signs after weeks of sustained selling pressure, with NEAR Protocol (NEAR) and Worldcoin (WLD) rebounding from critical support levels. As sentiment across the broader crypto market stabilizes, both tokens have attracted renewed buying interest, raising hopes that the recent bounce could develop into a broader recovery.
However, neither rally has been confirmed just yet. While NEAR is attempting to reclaim key resistance after defending its ascending trendline, Worldcoin is approaching a major breakout zone following a rebound from support. Can these technical setups fuel a sustained relief rally, or will overhead resistance once again halt the recovery?
NEAR Protocol Price Analysis
The NEAR Protocol price is trading around $2.00; the token has gained nearly 4% over the past 24 hours, challenging the $2.13 resistance zone, where sellers have repeatedly capped recent recovery attempts.
One of the strongest bullish developments comes from the Ichimoku Cloud. The forward cloud has started to flatten, suggesting bearish momentum is fading. While the bullish crossover still requires confirmation, it indicates that buyers are gradually regaining control.
However, the recovery is not confirmed yet. NEAR still needs to reclaim the Ichimoku cloud, which currently overlaps with the $2.13 resistance. Besides, RSI is recovering, and a decisive daily close above both would confirm a stronger shift in momentum and expose the $2.50 supply zone as the next upside target.
On the downside, the ascending trendline continues to act as dynamic support, with $1.96 serving as the immediate level buyers need to defend. A break below this region would invalidate the improving structure and increase the risk of a move back towards the $1.43 demand zone. Meanwhile, the RSI has recovered to around 52, reflecting neutral-to-bullish momentum with room for further upside if buyers clear resistance.
Worldcoin (WLD) Price Analysis
The Worldcoin price is also attempting to recover after successfully defending its long-term ascending trendline. The token is trading around $0.40 after gaining nearly 2% over the past 24 hours. While the rebound has eased immediate selling pressure, WLD continues to trade just below the $0.403–$0.41 resistance zone, where bulls need a decisive breakout to confirm a stronger recovery.
The daily chart shows WLD forming an ascending triangle, characterised by a series of higher lows meeting a relatively flat resistance level. The pattern suggests buyers are gradually absorbing supply, with each pullback finding support at higher prices.
Another encouraging signal comes from the Bollinger Bands, which have started to contract after weeks of volatility that often precedes a significant price expansion. The Cumulative Volume Delta (CVD) remains negative, suggesting spot buying demand is still lagging.
For bulls, the immediate objective is a sustained breakout above $0.403, which could trigger a move towards the $0.50 supply zone. Beyond that, the next major resistance sits around $0.73. On the downside, the ascending trendline remains the first line of defense, with $0.223 acting as the major demand zone if the current support fails.
Can NEAR Protocol and Worldcoin Sustain the Relief Rally?
The recent rebound has improved sentiment around both NEAR Protocol and Worldcoin, but it is still too early to call the start of a sustained uptrend. While the recovery suggests buyers are gradually returning, the next move will depend on whether both tokens can attract enough momentum to push beyond their immediate resistance levels. If that happens, NEAR could target $2.50, while Worldcoin may extend its recovery towards $0.50, with further upside opening if bullish momentum continues. Until then, traders should view the current move as a relief rally rather than a confirmed trend reversal, with risk management remaining crucial around key support levels.
Was this writing helpful?
Story Ends Here
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Read the Next News
