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

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.