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 <h3 id="what-to-know">What to Know</h3>
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     <li>NEAR Protocol has plunged 39.42% since October 13, with analyst Ali Charts identifying persistent selling pressure across recent trading sessions.</li>
     <li>A nine-candle bearish sequence suggests potential selling exhaustion, raising the possibility of a price reversal following prolonged market weakness.</li>
     <li>NEAR faces critical support around $3.70, while potential recovery attempts could encounter resistance at $4.20 and $4.80 price levels.</li>
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<p>NEAR Protocol has suffered a substantial price decline, losing nearly 40% of its value amid persistent selling pressure. <a href="https://x.com/alicharts/status/2118638444645699623" rel="noopener noreferrer nofollow">According to crypto analyst Ali Charts</a>, NEAR has declined 39.42% since October 13, with a nine-candle bearish sequence near $3.72 signaling potential selling exhaustion and a possible short-term recovery.</p>
<h2 id="near-price-drops-39-42-as-daily-chart-reveals-persistent-selling-pressure">NEAR Price Drops 39.42% as Daily Chart Reveals Persistent Selling Pressure</h2>
<p>According to Ali Charts’ analysis, NEAR has declined 39.42% since October 13, reflecting sustained bearish momentum throughout the period. The cryptocurrency previously traded near $6.00 before experiencing successive declines that pushed its price toward $3.72.</p>
<p><strong>Also Read: </strong><a href="https://36crypto.com/elizabeth-warren-eyes-powerful-senate-role-as-crypto-industry-faces-regulatory-hurdles/" rel="noopener noreferrer nofollow">Elizabeth Warren Eyes Powerful Senate Role as Crypto Industry Faces Regulatory Hurdles</a></p>
<p>During October, <a href="https://36crypto.com/near-protocol-loses-37-from-6-peak-as-price-faces-critical-3-60-support-test/" rel="noopener noreferrer nofollow">NEAR recorded</a> several temporary recoveries, but buyers repeatedly failed to maintain higher price levels. Consequently, the cryptocurrency established lower highs and lower lows, reinforcing the prevailing bearish market structure.</p>
<p>Selling pressure intensified toward late October as NEAR slipped below $4.80 before extending losses into November. The decline subsequently pushed prices beneath $4.20, bringing the cryptocurrency closer to its latest trading level.</p>
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  <p>NEAR BUY SIGNAL: REBOUND INCOMING?</p>
  <p>While the broader market remains under pressure, the TD Sequential has flashed a buy signal on <a href="https://x.com/search?q=%24NEAR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$NEAR</a> daily chart.</p>
  <p>This indicator recently anticipated a major trend shift.</p>
  <p>On October 12, it flashed a Sequential Aggressive 13, followed by a… <a href="https://t.co/F1bCBXuuO6" rel="noopener noreferrer nofollow">pic.twitter.com/F1bCBXuuO6</a></p>
  <p>— Ali Charts (@alicharts) <a href="https://x.com/alicharts/status/2118638444645699623?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 6, 2026</a></p>
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<p>Significantly, Ali Charts identified a nine-candle bearish sequence, suggesting that the prolonged downward movement could be nearing exhaustion. Such technical formations sometimes precede price recoveries, particularly when selling pressure begins weakening around established support levels.</p>
<h2 id="near-faces-critical-support-test-as-reversal-signal-emerges">NEAR Faces Critical Support Test as Reversal Signal Emerges</h2>
<p>NEAR’s latest price formation suggests that bearish momentum may be slowing following several consecutive declining sessions. The cryptocurrency currently faces an important test around $3.70, where buyers could attempt to establish support.</p>
<p>Meanwhile, a successful recovery could push <a href="https://36crypto.com/near-protocol-open-interest-hits-1-1-billion-as-leveraged-trading-intensifies/" rel="noopener noreferrer nofollow">NEAR</a> toward $4.20, representing an initial resistance area following its recent decline. Additional buying momentum could subsequently bring the $4.80 region into consideration as another potential resistance level.</p>
<p>Nevertheless, the broader trend remains bearish until NEAR establishes higher price levels and demonstrates sustained buying activity. The emerging exhaustion signal highlighted by Ali Charts suggests a possible turning point, but further price confirmation remains necessary.</p>
<p><strong>Also Read: </strong><a href="https://36crypto.com/iren-bitcoin-mining-revenue-crashes-88-as-ai-cloud-business-hits-200m/" rel="noopener noreferrer nofollow">IREN Bitcoin Mining Revenue Crashes 88% as AI Cloud Business Hits $200M</a></p>
<p>The post <a rel="noopener noreferrer nofollow" href="https://36crypto.com/near-price-crashes-39-as-analyst-ali-charts-signals-possible-reversal/">NEAR Price Crashes 39% as Analyst Ali Charts Signals Possible Reversal</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://36crypto.com">36Crypto</a>.</p>

NEAR Price Crashes 39% as Analyst Ali Charts Signals Possible Reversal

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