NEAR Price Prediction: Technical Indicators Signal Potential Recovery to $1.35 by March 2026
Alvin Lang Feb 23, 2026 13:47
NEAR Protocol trades at $1.01 with RSI at neutral 36.38. Technical analysis suggests potential recovery to $1.35 resistance zone within 4-6 weeks if bulls reclaim $1.04 pivot.
NEAR Price Prediction Summary
• Short-term target (1 week): $1.04-$1.06 • Medium-term forecast (1 month): $1.15-$1.35 range
• Bullish breakout level: $1.13 (Upper Bollinger Band) • Critical support: $0.95
What Crypto Analysts Are Saying About NEAR Protocol
While specific analyst predictions are limited in the past 24 hours, recent technical forecasts from early January 2026 remain relevant to current price action. Timothy Morano previously highlighted NEAR Protocol's potential for bullish momentum, targeting the $2.10-$2.35 range when MACD conditions improve and RSI exits oversold territory.
Jessie A Ellis also provided a NEAR Protocol forecast suggesting 38-55% upside potential to similar price levels, contingent on technical breakout scenarios materializing.
However, current market conditions show NEAR trading significantly below these optimistic projections, requiring careful reassessment based on present technical indicators.
NEAR Technical Analysis Breakdown
NEAR Protocol currently trades at $1.01, down 0.69% in the past 24 hours with trading volume of $10.58 million on Binance. The cryptocurrency finds itself in a technically challenging position across multiple timeframes.
The RSI reading of 36.38 indicates neutral momentum, neither oversold nor overbought, suggesting limited directional conviction from traders. The MACD histogram at 0.0000 reflects bearish momentum, with the MACD line (-0.0819) aligned with its signal line, indicating potential for sideways consolidation or further downside pressure.
Bollinger Band analysis reveals NEAR trading at 35.79% of the band range, closer to the lower band ($0.94) than the upper band ($1.13). This positioning suggests the asset remains under distribution pressure but hasn't reached extreme oversold conditions.
Moving average analysis paints a bearish picture with NEAR trading below all major EMAs and SMAs. The 7-day SMA at $1.03 and 20-day SMA at $1.04 represent immediate resistance levels, while the 50-day SMA at $1.35 and 200-day SMA at $2.06 highlight the significant work required for any sustainable recovery.
NEAR Protocol Price Targets: Bull vs Bear Case
Bullish Scenario
For a bullish NEAR price prediction to materialize, the cryptocurrency needs to reclaim the $1.04 pivot point and 20-day SMA resistance. A sustained break above this level would target the immediate resistance at $1.06, followed by the strong resistance zone at $1.13 (Upper Bollinger Band).
Technical confirmation would require RSI moving above 40 and MACD histogram turning positive. Success in breaking the $1.13 resistance could open the path toward the 50-day SMA at $1.35, representing a 34% gain from current levels.
The bullish case gains credibility if NEAR can maintain above the middle Bollinger Band at $1.04 for consecutive sessions, suggesting renewed buying interest and potential trend reversal.
Bearish Scenario
The bearish NEAR Protocol forecast centers on failure to hold the $0.98 immediate support level. A breakdown below this area would likely test the strong support at $0.95, coinciding closely with the lower Bollinger Band at $0.94.
Further deterioration could see NEAR testing psychological support levels in the $0.85-$0.90 range, representing additional downside risk of 15-20% from current prices.
Risk factors include the significant gap between current price and major moving averages, persistent MACD bearishness, and the broader cryptocurrency market's sensitivity to macroeconomic headwinds.
Should You Buy NEAR? Entry Strategy
Current technical conditions suggest a cautious approach to NEAR Protocol positioning. Aggressive buyers might consider accumulating near the $0.95-$0.98 support zone with strict risk management protocols.
Conservative investors should wait for technical confirmation above $1.04 before considering entry, with initial targets at $1.06 and extended targets at $1.13. A stop-loss below $0.94 would limit downside exposure while allowing room for normal volatility.
Dollar-cost averaging strategies may prove effective given NEAR's current distance from major resistance levels, allowing investors to build positions gradually as technical conditions potentially improve.
The risk-reward ratio appears favorable for patient investors willing to endure potential short-term volatility, with the 50-day SMA at $1.35 representing a reasonable medium-term objective.
Conclusion
This NEAR price prediction suggests limited upside potential in the immediate term, with $1.04-$1.06 representing realistic short-term targets. The medium-term NEAR Protocol forecast appears more constructive, with potential recovery to the $1.15-$1.35 range over the next 4-6 weeks if technical conditions improve.
Current RSI neutrality and MACD bearishness require careful monitoring, as any sustainable rally will need confirmation from these momentum indicators. The key catalyst for bullish price action remains a decisive break above the $1.04-$1.06 resistance cluster.
Disclaimer: Cryptocurrency price predictions are inherently speculative and subject to high volatility. This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and risk assessment before making investment decisions.
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