NEAR Price Prediction: Eyes $1.35 Recovery by April as Bulls Test Key Resistance

NEAR Protocol (NEAR) is consolidating around $1.06 after experiencing a 7.36% decline in the past 24 hours. With technical indicators showing mixed signals and key support levels holding, analysts are watching for signs of a potential recovery toward $1.35 over the coming weeks.

NEAR Price Prediction Summary

• Short-term target (1 week): $1.13-$1.19 • Medium-term forecast (1 month): $1.20-$1.35 range
• Bullish breakout level: $1.19 • Critical support: $1.01

What Crypto Analysts Are Saying About NEAR Protocol

Recent technical analysis from blockchain analysts provides insight into NEAR's potential trajectory. Alvin Lang noted on February 23, 2026: "NEAR Protocol trades at $1.01 with RSI at neutral 36.38. Technical analysis suggests potential recovery to $1.35 resistance zone within 4-6 weeks if bulls reclaim $1.04 pivot."

More recently, Lawrence Jengar observed on February 27, 2026: "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."

These predictions align with current technical patterns, though traders should note the high volatility in cryptocurrency markets.

NEAR Technical Analysis Breakdown

The current technical picture for NEAR Protocol presents a mixed but potentially constructive setup:

RSI Analysis: At 45.11, NEAR's RSI sits in neutral territory, neither oversold nor overbought. This positioning suggests room for movement in either direction, with the recent decline potentially creating an opportunity for bounce traders.

Moving Average Structure: NEAR is trading slightly above its 7-day SMA ($1.06) and 20-day SMA ($1.04), indicating short-term momentum remains intact despite recent weakness. However, the price remains significantly below the 50-day SMA ($1.28) and 200-day SMA ($2.02), highlighting the broader bearish trend.

MACD Signals: The MACD histogram at 0.0000 indicates bearish momentum has stalled, potentially setting up for a reversal if buying pressure emerges. The convergence between MACD and signal lines suggests indecision in the current price action.

Bollinger Bands Position: With a %B position of 0.59, NEAR is trading in the upper half of its Bollinger Band range, suggesting some upward pressure within the current consolidation pattern.

NEAR Protocol Price Targets: Bull vs Bear Case

Bullish Scenario

In an optimistic NEAR price prediction scenario, a break above the immediate resistance at $1.13 could trigger momentum toward $1.19, representing the strong resistance level. A sustained move above $1.19 would likely target the $1.35 zone mentioned by analysts, representing a 27% upside from current levels.

The NEAR Protocol forecast becomes particularly bullish if the token can reclaim and hold above its 20-day moving average, with volume confirmation supporting the breakout.

Bearish Scenario

Should selling pressure intensify, NEAR faces immediate support at $1.01. A breakdown below this level would likely test the strong support zone around $0.96, representing a 9% downside risk. The lower Bollinger Band at $0.93 provides additional technical support in a severe selloff scenario.

The bearish case strengthens if NEAR fails to hold above its 20-day SMA and shows continued weakness relative to Bitcoin and major altcoins.

Should You Buy NEAR? Entry Strategy

For traders considering NEAR Protocol, several entry strategies emerge from the technical analysis:

Conservative Entry: Wait for a pullback to the $1.01 support level with RSI approaching oversold conditions before initiating positions.

Momentum Entry: Consider buying on a confirmed break above $1.13 with strong volume, targeting $1.19 as the first profit-taking level.

Dollar-Cost Averaging: Given the current consolidation, systematic accumulation between $1.01-$1.08 may provide favorable long-term positioning.

Stop-Loss Levels: Risk-conscious traders should consider stops below $0.96 to limit downside exposure in case of broader market weakness.

Conclusion

The NEAR price prediction for the coming weeks suggests potential for recovery toward $1.35, though traders should remain cautious given the mixed technical signals. While the neutral RSI and stalled bearish momentum provide hope for bulls, the broader trend remains challenging with price trading well below key moving averages.

The NEAR Protocol forecast becomes more constructive on a sustained break above $1.13, particularly if accompanied by increasing volume and broader altcoin strength. However, failure to hold $1.01 support could trigger deeper correction toward $0.96.

Disclaimer: This NEAR price prediction is based on technical analysis and market data as of February 28, 2026. Cryptocurrency investments carry significant risk, and past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before making investment decisions.