Close Menu
CatchTheBullCatchTheBull
  • Home
  • Crypto News
  • Bitcoin
  • Altcoin
  • Blockchain
  • Airdrops News
  • NFT News
What's Hot

Shiba Inu Price Prediction for Feb 28: Consolidation or Breakout?

February 24, 2026

Bitcoin Range Trading Insights for Profitability

February 24, 2026

Ethereum Foundation Stakes First 2,016 ETH in Long-Term Treasury Strategy Shift

February 24, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
CatchTheBullCatchTheBull
  • Home
  • Crypto News
  • Bitcoin
  • Altcoin
  • Blockchain
  • Airdrops News
  • NFT News
CatchTheBullCatchTheBull
Blockchain

NEAR Price Prediction: Protocol Faces Critical Support at $0.93 as RSI Shows Oversold Conditions

By WebDeskFebruary 24, 20264 Mins Read
NEAR Price Prediction: Protocol Faces Critical Support at alt=
Share
Facebook Twitter LinkedIn Pinterest Email


Ted Hisokawa
Feb 24, 2026 12:54

NEAR Price Prediction Summary • Short-term target (1 week): $1.01-$1.04 • Medium-term forecast (1 month): $0.93-$1.10 range • Bullish breakout level: $1.04 • Critical support: $0.93 What Cryp…





NEAR Price Prediction Summary

• Short-term target (1 week): $1.01-$1.04
• Medium-term forecast (1 month): $0.93-$1.10 range
• Bullish breakout level: $1.04
• Critical support: $0.93

What Crypto Analysts Are Saying About NEAR Protocol

While specific analyst predictions are limited in recent coverage, available analysis from early January provides some insight into NEAR’s trajectory. According to CoinCodex from January 8, 2026, “Over the next five days, NEAR Protocol will reach the highest price of $1.76 on Jan 13, 2026, which would represent 4.45% growth compared to the current price.”

Additionally, Blockchain.News noted on January 5 that “NEAR Protocol shows bullish momentum signals with MACD histogram turning positive,” though current technical data suggests this momentum has since shifted.

On-chain data from major analytics platforms indicates mixed signals for NEAR Protocol, with trading volume remaining relatively healthy at $9.5 million over the past 24 hours despite the recent price decline.

NEAR Technical Analysis Breakdown

NEAR Protocol’s current technical picture presents a mixed but potentially oversold scenario. The token is trading at $0.97, representing a 4.33% decline over the past 24 hours, with an intraday range between $1.02 and $0.96.

The RSI reading of 33.73 places NEAR in neutral territory but approaching oversold conditions, which historically has provided buying opportunities for the protocol. The MACD histogram sits at 0.0000, indicating bearish momentum has stalled and could potentially reverse.

NEAR’s position within the Bollinger Bands is particularly noteworthy, with a %B position of 0.17, meaning the price is trading much closer to the lower band ($0.95) than the upper band ($1.10). This positioning often signals oversold conditions and potential mean reversion opportunities.

The moving average structure shows NEAR trading below all major timeframes, with the 7-day SMA at $1.02, 20-day at $1.03, and longer-term averages significantly higher. This creates overhead resistance but also establishes clear targets for any recovery.

NEAR Protocol Price Targets: Bull vs Bear Case

Bullish Scenario

In a bullish NEAR price prediction scenario, the protocol could target the immediate resistance at $1.01, followed by the stronger resistance level at $1.04. A break above $1.04 would likely trigger momentum toward the upper Bollinger Band at $1.10, representing a potential 13% upside from current levels.

The bullish case requires RSI to break above 40 and maintain momentum, while MACD would need to turn definitively positive. Volume confirmation above the current $9.5 million daily average would strengthen this scenario.

Bearish Scenario

The bearish NEAR Protocol forecast focuses on the critical support at $0.93. A break below this level could expose NEAR to further downside toward the $0.85-$0.90 range. The bearish case is supported by the current position below all major moving averages and the negative 24-hour performance.

Risk factors include continued broader market weakness and failure to hold the lower Bollinger Band at $0.95 as support.

Should You Buy NEAR? Entry Strategy

For traders considering NEAR positions, the current oversold technical conditions present potential opportunity with defined risk parameters. The optimal entry strategy involves:

Primary Entry Zone: $0.95-$0.97 (current levels near lower Bollinger Band)
Aggressive Entry: On bounce from $0.93 support with volume confirmation
Stop Loss: Below $0.90 (approximately 7% risk from current price)
Initial Target: $1.01-$1.04 resistance cluster

Risk management is crucial given NEAR’s position below key moving averages. Position sizing should reflect the higher volatility indicated by the 14-day ATR of $0.06.

Conclusion

This NEAR price prediction suggests the protocol is approaching technically oversold levels that could provide short-term trading opportunities. While the medium-term trend remains bearish with NEAR trading below all major moving averages, the proximity to lower Bollinger Band support and neutral RSI conditions indicate potential for a technical bounce toward $1.01-$1.04 resistance.

The key catalyst for any NEAR Protocol forecast improvement will be volume-confirmed breaks above immediate resistance levels, particularly the $1.01 and $1.04 thresholds. Until then, traders should respect the $0.93 support level as critical for maintaining current price structure.

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 consider your risk tolerance before trading.

Image source: Shutterstock


Credit: Source link

Previous ArticleCrypto Exchange Explained: Essential Facts for Beginners
Next Article Jane Street Accused of Using Insider Info to Profit From Terraform Labs’ 2022 Implosion

Related Posts

Manus Launches No-Code AI Email Support Agent Builder

February 23, 2026

VeChain VeBetter Hits 48M Verified Actions as Token Flywheel Gains Traction

February 23, 2026

NVIDIA NVFP4 Training Delivers 1.59x Speed Boost Without Accuracy Loss

February 23, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Shiba Inu Price Prediction for Feb 28: Consolidation or Breakout?

February 24, 2026

Bitcoin Range Trading Insights for Profitability

February 24, 2026

Ethereum Foundation Stakes First 2,016 ETH in Long-Term Treasury Strategy Shift

February 24, 2026

Subscribe to Updates

Get the latest Crypto, Blockchain and Airdrop News from us to Catch The Bull.

Advertisement Banner

Welcome to CatchTheBull, your trusted source for the latest Crypto News and Airdrops. We bring you real-time updates, expert insights, and opportunities to stay ahead in the crypto world. Discover trending projects, market analyses, and airdrop details all in one place.

Join us on this journey to navigate the ever-evolving blockchain universe!

Facebook X (Twitter) Instagram YouTube
Top Insights

Bitcoin eyes $60k as Kraken VP warns of deeper tariff-led slide

Injective Unveils Developer Hub to Help Builders

Strategy Makes 100th Bitcoin Buy, Holdings Reach 717,722 BTC

Get Informed

Subscribe to Updates

Get the latest Crypto, Blockchain and Airdrop News from us to Catch The Bull.

© 2026 CatchTheBull. All Rights Are Reserved.
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$64,000.00-2.16%
  • ethereumEthereum(ETH)$1,848.89-2.00%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.35-1.24%
  • binancecoinBNB(BNB)$585.50-2.79%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$77.64-1.80%
  • tronTRON(TRX)$0.281899-0.36%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.50%
  • dogecoinDogecoin(DOGE)$0.091592-3.12%
  • whitebitWhiteBIT Coin(WBT)$47.96-1.83%
  • USDSUSDS(USDS)$1.000.00%
  • cardanoCardano(ADA)$0.260252-2.28%
  • bitcoin-cashBitcoin Cash(BCH)$472.05-11.14%
  • leo-tokenLEO Token(LEO)$7.96-1.73%
  • HyperliquidHyperliquid(HYPE)$27.082.12%
  • Ethena USDeEthena USDe(USDE)$1.000.01%
  • CantonCanton(CC)$0.1598860.43%
  • moneroMonero(XMR)$322.742.74%
  • chainlinkChainlink(LINK)$8.20-2.02%
  • stellarStellar(XLM)$0.149886-0.99%
  • USD1USD1(USD1)$1.000.00%
  • RainRain(RAIN)$0.009397-1.02%
  • daiDai(DAI)$1.00-0.15%
  • hedera-hashgraphHedera(HBAR)$0.0951350.10%
  • paypal-usdPayPal USD(PYUSD)$1.000.01%
  • zcashZcash(ZEC)$243.540.62%
  • litecoinLitecoin(LTC)$51.20-1.31%
  • avalanche-2Avalanche(AVAX)$8.34-2.66%
  • shiba-inuShiba Inu(SHIB)$0.000006-2.01%
  • suiSui(SUI)$0.86-2.14%
  • the-open-networkToncoin(TON)$1.31-2.96%
  • crypto-com-chainCronos(CRO)$0.0746130.36%
  • World Liberty FinancialWorld Liberty Financial(WLFI)$0.110486-2.16%
  • tether-goldTether Gold(XAUT)$5,121.87-1.38%
  • MemeCoreMemeCore(M)$1.422.18%
  • pax-goldPAX Gold(PAXG)$5,154.83-1.44%
  • uniswapUniswap(UNI)$3.36-0.54%
  • polkadotPolkadot(DOT)$1.25-1.88%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • mantleMantle(MNT)$0.590.47%
  • Falcon USDFalcon USD(USDF)$1.000.04%
  • aaveAave(AAVE)$114.77-0.94%
  • AsterAster(ASTER)$0.700.20%
  • pepePepe(PEPE)$0.000004-2.69%
  • Global DollarGlobal Dollar(USDG)$1.00-0.02%
  • BittensorBittensor(TAO)$170.080.64%
  • Circle USYCCircle USYC(USYC)$1.120.00%
  • Ripple USDRipple USD(RLUSD)$1.00-0.01%
  • okbOKB(OKB)$73.76-1.35%