NEAR Price Prediction: Recovery to $1.35-$1.50 Range by March 2026
Jessie A Ellis Feb 05, 2026 11:09
NEAR Protocol trades at $1.11 with oversold RSI at 23.24 signaling potential bounce. Technical analysis suggests recovery toward $1.35-$1.50 range in coming weeks.
NEAR Protocol has experienced significant selling pressure, dropping 5.86% in the last 24 hours to trade at $1.11. However, technical indicators suggest the cryptocurrency may be approaching a potential reversal zone, with oversold conditions creating opportunities for patient investors.
NEAR Price Prediction Summary
• Short-term target (1 week): $1.17-$1.22
• Medium-term forecast (1 month): $1.35-$1.50 range
• Bullish breakout level: $1.22
• Critical support: $1.05
What Crypto Analysts Are Saying About NEAR Protocol
Recent analyst predictions from early January remain optimistic despite current price weakness. Timothy Morano noted on January 3, 2026: "NEAR Protocol shows bullish momentum with MACD histogram positive and RSI at neutral 56. Analysts target $2.10-$2.35 range as NEAR breaks above Bollinger Band resistance at $1.68."
Jessie A Ellis provided a similar forecast on January 1, 2026, stating: "NEAR Protocol forecast shows potential 38-55% upside to $2.10-$2.35 range as MACD." While these targets now appear ambitious given the recent pullback, the underlying technical framework suggests potential for significant recovery once selling pressure subsides.
NEAR Technical Analysis Breakdown
The current NEAR price prediction is heavily influenced by oversold technical conditions. The RSI has plummeted to 23.24, well below the oversold threshold of 30, indicating extreme selling pressure that historically precedes bounce attempts.
The MACD tells a more complex story, with the histogram at 0.0000 and both MACD and signal lines converging at -0.1317. This neutral histogram reading suggests bearish momentum may be waning, though confirmation is needed above the signal line.
NEAR Protocol's position within the Bollinger Bands is particularly telling, with a %B reading of 0.0791 placing it very close to the lower band at $1.05. The middle band at $1.41 represents the 20-day moving average and serves as a key resistance level for any recovery attempt.
The broader moving average structure remains challenging, with NEAR trading below all major averages including the SMA 7 ($1.19), SMA 20 ($1.41), and critically, the SMA 200 ($2.21), indicating the longer-term trend remains bearish.
NEAR Protocol Price Targets: Bull vs Bear Case
Bullish Scenario
A successful NEAR price prediction recovery scenario would require breaking above immediate resistance at $1.17, followed by the stronger resistance at $1.22. This would likely coincide with RSI recovery above 30 and MACD histogram turning positive.
The first major target sits at the SMA 7 level of $1.19, followed by a move toward $1.35-$1.50 if momentum builds. The ultimate bullish target remains the January analyst projections of $2.10-$2.35, though this would require breaking the significant SMA 200 resistance at $2.21.
Bearish Scenario
The bear case for this NEAR Protocol forecast centers on a break below the critical support at $1.05, which aligns with the Bollinger Band lower boundary. Such a move could trigger additional selling toward the $0.90-$1.00 zone.
Extended weakness below $1.05 would invalidate near-term recovery prospects and potentially lead to a retest of previous cycle lows, making the current NEAR price prediction considerably more bearish.
Should You Buy NEAR? Entry Strategy
Given the oversold technical conditions, a staged entry approach appears most prudent for this NEAR price prediction scenario. Initial positions could be considered near current levels around $1.11, with additional purchases planned if support at $1.05 holds.
Stop-loss levels should be placed below $1.00 to limit downside risk, representing approximately 10% below the current Bollinger Band support. Target exits would be at $1.35-$1.50 for the primary position, with smaller portions held for potential moves toward the $2.00+ analyst targets.
Position sizing should remain conservative given the bearish moving average structure and broader market uncertainty affecting cryptocurrency valuations.
Conclusion
This NEAR Protocol forecast suggests a 25-35% recovery potential over the next 4-6 weeks, driven primarily by oversold technical conditions and historical RSI bounce patterns. While analyst targets of $2.10-$2.35 remain possible longer-term, the immediate focus should be on the $1.35-$1.50 recovery zone.
The confidence level for this NEAR price prediction is moderate, contingent on broader cryptocurrency market stability and successful defense of the $1.05 support level. Investors should note that cryptocurrency price predictions carry significant risk, and position sizing should reflect individual risk tolerance and portfolio management principles.
Disclaimer: Cryptocurrency investments involve substantial risk and price volatility. This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with qualified professionals before making investment decisions.
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