Lawrence Jengar
Feb 27, 2026 07:22
NEAR Protocol trades at $1.14 with neutral RSI at 51.48. Technical analysis suggests potential test of $1.20 resistance, while analyst targets range from $1.76-$1.87.
NEAR Price Prediction Summary
• Short-term target (1 week): $1.20
• Medium-term forecast (1 month): $1.17-$1.30 range
• Bullish breakout level: $1.20
• Critical support: $1.05
What Crypto Analysts Are Saying About NEAR Protocol
Recent analyst coverage provides mixed but cautiously optimistic views on NEAR Protocol’s price trajectory. According to Rebeca Moen’s February 11, 2026 analysis, “NEAR Protocol trades at $0.95 with RSI at 24.99 showing oversold conditions. Technical analysis suggests potential bounce to $1.76 short-term target based on recent analyst forecasts.”
Peter Zhang offered a similar perspective in his January 21 analysis, stating “NEAR Protocol shows oversold RSI at $1.50 with potential recovery to $1.87 resistance. Technical indicators suggest cautious optimism for February targets despite recent bearish momentum.”
While these analyst targets appear elevated compared to current price action, on-chain metrics from platforms like CryptoQuant suggest NEAR Protocol has shown resilience in recent trading sessions, with volume maintaining healthy levels above $19 million daily.
NEAR Technical Analysis Breakdown
The current NEAR price prediction is supported by several key technical indicators showing mixed signals. At $1.14, NEAR Protocol sits well above its 7-day SMA of $1.07 and 20-day SMA of $1.04, indicating short-term bullish momentum despite longer-term headwinds.
The RSI reading of 51.48 places NEAR in neutral territory, suggesting neither oversold nor overbought conditions. This provides room for movement in either direction, making the $1.20 resistance level a critical test point for the NEAR Protocol forecast.
MACD indicators show bearish momentum with the histogram at 0.0000, though the proximity to zero suggests potential for reversal. The Bollinger Band position at 0.94 indicates NEAR is trading near the upper band at $1.15, suggesting potential resistance ahead.
Key support levels remain at $1.10 (immediate) and $1.05 (strong support), while resistance materializes at $1.17 (immediate) and $1.20 (strong resistance).
NEAR Protocol Price Targets: Bull vs Bear Case
Bullish Scenario
In the bullish case for this NEAR price prediction, a break above the $1.20 strong resistance level could trigger momentum toward the $1.30 area, aligning with the 50-day SMA resistance. Volume expansion above the current $19.4 million daily average would provide confirmation of bullish intent.
The analyst targets of $1.76-$1.87 mentioned by recent forecasters would require significant fundamental catalysts and a broader crypto market recovery. Such moves would need to overcome the major resistance at the 200-day SMA of $2.03.
Technical confirmation would come from RSI pushing above 60 and MACD histogram turning decisively positive, indicating genuine momentum shift rather than a temporary bounce.
Bearish Scenario
The bearish scenario for the NEAR Protocol forecast centers on failure to hold the $1.10 immediate support level. A break below this level could trigger selling toward the $1.05 strong support, with further downside toward the Bollinger Band lower bound at $0.93.
The current positioning near the upper Bollinger Band at 94% suggests limited immediate upside without a significant catalyst. If RSI fails to maintain above 50 and MACD remains in negative territory, downside pressure could intensify.
Risk factors include broader crypto market weakness and the significant gap between current price and the 200-day SMA at $2.03, indicating the longer-term trend remains bearish.
Should You Buy NEAR? Entry Strategy
For this NEAR price prediction scenario, a tiered entry strategy appears most prudent. Conservative buyers should consider entries near the $1.10 support level with stops below $1.05 to limit downside risk.
Aggressive traders might consider buying any pullback toward the 20-day SMA at $1.04, targeting the $1.20 resistance level for a favorable risk-reward ratio. Volume confirmation above 25 million daily would strengthen the bullish case.
Risk management remains crucial given the neutral RSI and mixed technical signals. Position sizing should reflect the uncertainty in current market conditions, with stop-losses placed below key support levels to preserve capital.
Conclusion
This NEAR price prediction suggests cautious optimism for the short term, with $1.20 representing a key technical level to watch. The NEAR Protocol forecast indicates potential for a test of resistance levels, though broader market conditions will likely dictate the sustainability of any breakout.
While analyst targets of $1.76-$1.87 appear optimistic given current technical conditions, the neutral RSI and proximity to upper Bollinger Bands suggest NEAR has room for measured upside movement. Traders should focus on the $1.10-$1.20 range as the key battleground for near-term price direction.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency investments carry significant risk, and past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before investing.
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Source: https://blockchain.news/news/20260227-price-prediction-near-targets-120-resistance-break-by-march