NEAR Price Prediction: Targets $1.50-$1.85 Recovery by Mid-February
Jessie A Ellis Feb 04, 2026 07:27
NEAR Protocol trades oversold at $1.19 with RSI at 27.45, suggesting potential technical bounce toward $1.50-$1.85 range as analysts eye recovery from current support levels.
NEAR Price Prediction Summary
• Short-term target (1 week): $1.50 • Medium-term forecast (1 month): $1.50-$1.85 range • Bullish breakout level: $1.29 • Critical support: $1.07
What Crypto Analysts Are Saying About NEAR Protocol
Recent analyst commentary provides insight into NEAR Protocol's near-term prospects. Rongchai Wang noted on February 1st that "NEAR Protocol trades in deeply oversold territory at $1.16 with RSI at 23.58, suggesting potential recovery toward $1.50-$1.89 range as technical bounce becomes likely."
Building on this analysis, Ted Hisokawa observed on February 2nd that "NEAR Protocol trades at $1.21 in oversold territory with RSI at 28.29. Technical analysis suggests potential bounce to $1.50-$1.85 range as support holds at $1.16."
Both analysts converge on similar upside targets, with the consensus pointing toward a potential recovery into the $1.50-$1.85 range as oversold conditions create bounce opportunities.
NEAR Technical Analysis Breakdown
NEAR Protocol's current technical setup presents a compelling oversold scenario. Trading at $1.19, the token sits well below all major moving averages, with the 7-day SMA at $1.23 providing immediate resistance. The broader trend remains challenging, with NEAR trading 46% below its 200-day SMA of $2.22.
The RSI reading of 27.45 confirms oversold conditions, typically signaling potential for a technical bounce. However, the MACD histogram at 0.0000 suggests bearish momentum persists, indicating any recovery may face headwinds.
Bollinger Band analysis shows NEAR positioned at 0.14, placing it near the lower band at $1.09. This extreme positioning often precedes mean reversion moves toward the middle band at $1.44. The current volatility measure (ATR) of $0.09 suggests moderate price swings are expected.
Key resistance levels emerge at $1.24 (immediate) and $1.29 (strong), while support rests at $1.13 (immediate) and $1.07 (strong). The pivot point at $1.18 serves as a critical reference for directional bias.
NEAR Protocol Price Targets: Bull vs Bear Case
Bullish Scenario
The NEAR price prediction for the upside scenario targets the $1.50-$1.85 range based on technical bounce potential. A break above immediate resistance at $1.24 would confirm the oversold bounce, with the next target at $1.29 representing strong resistance.
Successful clearance of $1.29 could trigger momentum toward the middle Bollinger Band at $1.44, representing a 21% upside from current levels. The ultimate bullish target aligns with analyst forecasts around $1.50-$1.85, requiring sustained buying pressure and RSI normalization above 50.
Technical confirmation would include RSI recovery above 40, MACD histogram turning positive, and daily closes above the 7-day SMA at $1.23.
Bearish Scenario
The downside NEAR Protocol forecast warns of potential breakdown below immediate support at $1.13. A decisive break could accelerate selling toward strong support at $1.07, representing a 10% decline from current levels.
Further deterioration below $1.07 would target the lower Bollinger Band near $1.09, though this level may provide dynamic support. The most bearish scenario could see NEAR testing psychological support around $1.00 if broader market conditions deteriorate.
Risk factors include continued MACD bearishness, failure to hold above the pivot point at $1.18, and broader cryptocurrency market weakness.
Should You Buy NEAR? Entry Strategy
For the NEAR price prediction strategy, consider scaled entries near current levels around $1.19, with additional accumulation on any dip toward $1.13 support. This approach capitalizes on oversold conditions while managing downside risk.
A defensive stop-loss below $1.07 would limit downside to approximately 10%, while upside targets toward $1.50 offer favorable risk-reward ratios. More aggressive traders might wait for confirmation above $1.24 before initiating positions.
Risk management suggests position sizing no more than 2-3% of portfolio allocation, given NEAR's current technical uncertainty and broader market volatility. Dollar-cost averaging over 1-2 weeks could smooth entry timing.
Conclusion
The NEAR Protocol forecast suggests a technical bounce toward $1.50-$1.85 is likely given extreme oversold conditions and analyst consensus. However, the path higher requires confirmation above key resistance levels and broader cryptocurrency market stability.
With 70% confidence, NEAR appears positioned for a relief rally over the next 2-3 weeks, though investors should remain cautious of potential false breakouts. The risk-reward profile favors controlled accumulation near current support levels.
Disclaimer: Cryptocurrency price predictions involve significant risk and should not constitute sole investment advice. Always conduct personal research and consider your risk tolerance before investing.
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