NEAR Price Prediction: Recovery to $2.35-$2.80 Target by January 2025

NEAR Price Prediction: Technical Recovery Points to $2.35-$2.80 Upside

NEAR Protocol (NEAR) finds itself at a critical juncture as technical indicators flash mixed signals while analyst consensus builds around a potential recovery. With the token trading at $1.69, down 49.67% from its 52-week high of $3.35, multiple forecasting models suggest oversold conditions may be setting the stage for a meaningful bounce in the coming weeks.

NEAR Price Prediction Summary

• NEAR short-term target (1 week): $1.85-$1.95 (+9-15% upside) • NEAR Protocol medium-term forecast (1 month): $2.35-$2.80 range (+39-66% potential) • Key level to break for bullish continuation: $2.44 resistance • Critical support if bearish: $1.58 (current strong support level)

Recent NEAR Protocol Price Predictions from Analysts

The latest NEAR price prediction consensus reveals cautious optimism among cryptocurrency analysts. Blockchain.News has consistently maintained a $2.35 medium-term NEAR price target across multiple recent forecasts, citing oversold conditions that typically precede recoveries. Their analysis suggests a 42% upside potential from current levels, representing one of the most conservative yet realistic projections in the current market environment.

More aggressive forecasts emerge from the same source, with a $2.82 target representing a 67% gain, while their most bullish NEAR Protocol forecast ranges between $2.80-$3.20, suggesting potential returns of 65-89% for patient investors. These predictions align with technical analysis showing NEAR trading near the lower Bollinger Band at a 0.16 position, historically a zone where reversals often materialize.

Shorter-term models from Changelly and Bitget converge around the $1.92-$1.93 range, based on modest daily growth rates of 0.014%. While these carry lower confidence levels, they establish a baseline expectation for near-term price action and provide insight into conservative growth trajectories.

NEAR Technical Analysis: Setting Up for Oversold Bounce

NEAR Protocol technical analysis reveals compelling evidence for a potential reversal setup. The RSI reading of 34.30 positions NEAR in neutral territory but approaching oversold conditions, while the token's proximity to the lower Bollinger Band ($1.52) suggests selling pressure may be exhausting itself.

The MACD histogram at -0.0309 continues to show bearish momentum, but the relatively small magnitude indicates weakening selling pressure rather than accelerating decline. This divergence between price action and momentum often precedes trend reversals, particularly when combined with oversold positioning.

Volume analysis supports the NEAR Protocol forecast for recovery, with 24-hour trading volume of $25.4 million on Binance maintaining healthy liquidity levels. The $0.18 Average True Range indicates moderate volatility, providing sufficient movement potential for the predicted price targets while avoiding excessive risk from dramatic swings.

Critical moving average levels paint a clear roadmap for the recovery scenario. NEAR must reclaim the 7-day SMA at $1.81 as an initial step, followed by the more significant 12-day EMA at $1.87. Successfully breaking above these levels would confirm the oversold bounce thesis and open the path toward the $2.35 NEAR price target.

NEAR Protocol Price Targets: Bull and Bear Scenarios

Bullish Case for NEAR

The primary bullish NEAR price prediction centers on the $2.35-$2.80 range, supported by multiple technical confluences. Breaking the immediate resistance at $1.87 (12-day EMA) would trigger the first wave of short covering, likely pushing NEAR toward the $2.03 level (20-day SMA).

The critical $2.44 resistance level represents the make-or-break point for sustained bullish momentum. Analyst consensus suggests this level, once broken with volume confirmation, opens the path to $2.80-$3.20 targets within 4-6 weeks. This NEAR Protocol forecast relies on broader cryptocurrency market stability and potential ecosystem developments driving renewed investor interest.

Volume confirmation remains essential for validating the bullish scenario. Daily trading volumes exceeding $35-40 million would signal genuine accumulation rather than technical bounces, supporting the medium-term price targets and extending the rally toward the upper resistance zones.

Bearish Risk for NEAR Protocol

The bearish scenario for NEAR Protocol involves a breakdown below the critical $1.58 support level, which represents both immediate support and the 52-week low proximity. Such a break would invalidate the oversold bounce thesis and potentially trigger a cascade toward the $1.40-$1.45 zone.

Technical indicators supporting the bearish case include the persistent MACD bearish momentum and the significant distance from key moving averages. NEAR trading 24% below its 20-day SMA and 32% below its 50-day SMA indicates substantial overhead resistance that could cap any recovery attempts.

Risk factors threatening the bullish NEAR price prediction include broader cryptocurrency market weakness, regulatory uncertainties affecting Layer-1 protocols, and potential ecosystem-specific challenges that could undermine investor confidence in the medium term.

Should You Buy NEAR Now? Entry Strategy

Current technical positioning suggests a measured approach to NEAR accumulation. The optimal entry strategy involves scaling into positions between $1.65-$1.75, with the pivot point at $1.65 representing strong technical support according to current analysis.

Risk management for NEAR Protocol positions should include stop-loss levels at $1.55, representing a 5-8% downside buffer below current support zones. This level provides protection against the bearish scenario while allowing sufficient room for normal market volatility within the expected trading range.

Position sizing recommendations suggest limiting NEAR exposure to 2-3% of portfolio allocation initially, with opportunities to increase positions on confirmed breakouts above $1.87 resistance. The buy or sell NEAR decision should ultimately depend on individual risk tolerance and conviction in the Layer-1 protocol's long-term prospects.

For traders seeking confirmation, waiting for a daily close above $1.81 (7-day SMA) would provide additional confidence in the recovery thesis while maintaining access to the majority of the predicted upside toward the $2.35 initial target.

NEAR Price Prediction Conclusion

The confluence of oversold technical conditions, analyst consensus, and strategic support levels creates a compelling case for NEAR Protocol recovery toward the $2.35-$2.80 range over the next 4-6 weeks. This NEAR price prediction carries medium confidence based on historical precedent of reversals from similar technical setups.

Key indicators to monitor for confirmation include RSI movement above 40, MACD histogram turning positive, and sustained daily closes above the $1.81 resistance level. Invalidation signals would include breaks below $1.58 support with volume confirmation, which would require reassessment of the bullish thesis.

The timeline for this NEAR Protocol forecast spans January 2025, with initial targets expected by mid-to-late December and extended targets achievable by month-end, assuming favorable market conditions and successful navigation of identified resistance levels.