NEAR Protocol (NEAR) and Worldcoin (WLD) emerged as among the top-performing crypto assets today. NEAR rose 9.89% over the past 24 hours to $5.365, while WLD increased 8.97% to $0.5527. The market now watches whether buyers can sustain this rebound and push prices higher. NEAR’s rally is linked to growing market interest in its cross-chain ecosystem and discussions surrounding its token issuance. Meanwhile, Worldcoin rose over 11% during its reporting period, while its open interest declined nearly 9.33% to $84.6 million.
Despite the upward movement, both cryptocurrencies are approaching key resistance levels that could determine their next price movement.
NEAR Protocol faces resistance near $5.75
Following the latest breakout, NEAR’s price is approaching a key resistance zone, strengthening short-term momentum. Currently trading above its recent consolidation range, resistance remains near $5.50 to $5.75, where selling pressure has historically capped upward moves. A sustained break above this range could improve the bullish outlook; however, another rejection may trigger profit-taking.
The RSI is rising, indicating strengthening bullish momentum, but remains below the upper threshold. On the other hand, open interest has significantly recovered after a partial decline, suggesting a shift in derivatives market participation, though it does not clearly indicate whether traders are predominantly long or short. If the price closes decisively above $5.75 on the daily chart, it could rise toward $6 and open the path to $6.50. Conversely, $4.50 may act as a local support level, potentially preventing a deeper pullback.
Worldcoin could see an 18% upside
WLD also experienced a similar breakout, improving momentum, but remains below the descending trendline. Following the breakout, the price is moving toward the resistance zone of $0.56 to $0.575. The next move will depend on whether buyers can sustain the rebound and push the price above this resistance.
The RSI is neutral, indicating that momentum is improving but still requires stronger confirmation to establish a sustained bullish trend. The DMI also provides additional insight: the +DI and -DI are moving apart from each other, after having previously converged to form a bearish crossover. Combined with the descending trendline, these indicators suggest that this rally has reached a critical juncture. Therefore, a confirmed break above $0.575 would strengthen the bullish case, while failure to hold above $0.50 could increase downside risk.
Summary
Both NEAR Protocol and Worldcoin are showing signs of recovery, but their future movement will depend on sustained buying interest and broader market sentiment. Continued ecosystem growth and increased market participation could support further upside; however, weakening demand may limit upward potential. Currently, traders are watching for stronger buying pressure and a clear breakout above resistance levels to determine whether this rebound has further room to extend.