Timothy Morano
Jan 27, 2026 10:34
NEAR Protocol shows oversold RSI at 36.88 with analyst targets pointing to $1.87-$2.35 recovery zone. Technical breakout above $1.51 resistance could trigger February rally.
NEAR Price Prediction Summary
• Short-term target (1 week): $1.51-$1.54
• Medium-term forecast (1 month): $1.87-$2.35 range
• Bullish breakout level: $1.51
• Critical support: $1.42
What Crypto Analysts Are Saying About NEAR Protocol
Recent analyst coverage suggests cautious optimism for NEAR Protocol’s price trajectory. Peter Zhang noted on January 21, 2026: “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,” with a target of $1.87.
More recently, Rongchai Wang provided an updated NEAR Protocol forecast on January 25, 2026: “NEAR Protocol shows oversold conditions at $1.50 with analyst targets pointing to $1.87-$2.35 recovery zone. Technical breakout above $1.54 resistance could trigger significant rally,” setting targets between $1.87-$2.35.
According to on-chain data from major platforms, NEAR’s current oversold conditions align with historical bounce patterns that have preceded significant recoveries in previous market cycles.
NEAR Technical Analysis Breakdown
NEAR Protocol currently trades at $1.46, showing mixed technical signals that favor a near-term recovery attempt. The RSI reading of 36.88 indicates oversold conditions without reaching extreme levels, suggesting potential for a bounce.
The MACD histogram at -0.0000 shows bearish momentum is losing steam, though the indicator hasn’t crossed into bullish territory yet. This neutral positioning often precedes trend reversals in crypto markets.
Bollinger Bands analysis reveals NEAR is positioned at 0.16 on the band scale, placing it near the lower band at $1.38. The upper band resistance sits at $1.87, matching analyst targets. The middle band (20-day SMA) at $1.62 represents the first major resistance level.
Moving averages paint a bearish picture with price below all major EMAs and SMAs. The 200-day SMA at $2.27 remains significantly above current levels, indicating the long-term downtrend remains intact.
Key resistance levels emerge at $1.48 (immediate) and $1.51 (strong), while support holds at $1.44 (immediate) and $1.42 (strong). The daily ATR of $0.09 suggests moderate volatility expectations.
NEAR Protocol Price Targets: Bull vs Bear Case
Bullish Scenario
A successful break above $1.51 resistance could trigger the recovery scenario outlined in recent NEAR price prediction reports. The initial target would be the Bollinger Band middle line at $1.62, followed by the upper band at $1.87.
If momentum continues, the analyst target range of $1.87-$2.35 becomes achievable within the next 4-6 weeks. This scenario requires sustained buying volume above 24-hour averages and RSI moving above 50.
Technical confirmation would come from MACD crossing positive and price establishing support above the 20-day EMA at $1.54.
Bearish Scenario
Failure to hold the $1.44 support level could lead to a test of the Bollinger Band lower boundary at $1.38. A breakdown below this level might trigger further selling toward the $1.20-$1.25 zone.
The bearish case strengthens if daily volume remains below recent averages and RSI fails to break above 40. The significant gap to the 200-day SMA at $2.27 represents a major headwind for any sustained rally.
Should You Buy NEAR? Entry Strategy
For aggressive traders, current levels around $1.46 offer a reasonable risk-reward setup with stops below $1.42. Conservative buyers might wait for a confirmed break above $1.51 before entering positions.
A dollar-cost averaging approach between $1.42-$1.48 could work for longer-term holders, given the oversold technical conditions. However, any NEAR Protocol forecast must account for broader crypto market sentiment.
Stop-loss levels should be placed below $1.38 to limit downside risk, representing roughly 5% from current levels. Take-profit targets align with analyst projections at $1.87 initially, with potential extension to $2.35 on strong momentum.
Conclusion
This NEAR price prediction suggests a cautious bullish outlook over the next 4-6 weeks, with targets of $1.87-$2.35 supported by both technical analysis and recent analyst coverage. The oversold RSI and proximity to Bollinger Band support provide tactical entry opportunities.
However, the longer-term trend remains bearish until NEAR can reclaim the 200-day moving average. Traders should remain disciplined with risk management and monitor broader market conditions that could impact this NEAR Protocol forecast.
Cryptocurrency price predictions are speculative and should not constitute financial advice. Always conduct your own research and consider your risk tolerance before investing.
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Source: https://blockchain.news/news/20260127-price-prediction-near-targets-187-recovery-by-february-after