Key takeaways:
The rising bearish sentiment within NEAR Protocol’s community is bringing a cautious approach among traders. As NEAR continues to advance its technology and forge strategic partnerships, questions surrounding its price potential persist, inviting further analysis and exploration of its prospects.
Cryptocurrency | NEAR Protocol |
Ticker | NEAR |
Price | $2.60 (+6.88%) |
Market Cap | $3.20 Billion |
Trading Volume 24-h | $291.14 Million |
Circulating Supply | 1.23 Billion NEAR |
All-time High | $20.42 Jan 17, 2022 |
All-time Low | $0.526, Nov 04, 2020 |
24-h High | $2.63 |
24-h Low | $2.42 |
Sentiment | Bullish |
50-Day SMA | $2.36 |
200-Day SMA | $3.15 |
Price Prediction | $5.69 (118.27%) |
F & G Index | 12.86 (extreme fear) |
Green Days | 12/30 (40%) |
14-Day RSI | 68.82 |
TL;DR Breakdown:
Near Protocol price analysis for July 11 shows that NEAR price rose past $2.3 but failed to hold momentum and crashed back to $2.00
The 1-day NEAR/USD price chart indicates that the near protocol price trades in a steady downwards trend since rising toward $3.40. However, recent days have observed a sharp shift as bullish momentum has increased significantly with buyers climbing back above $2.50 after almost 30 days since crashing below the level.
The technical indicators suggest rising bullish momentum as NEAR moves toward $2.60 with the MACD bullish at 0.060 units suggesting steady and increasing bullish pressure.
The EMAs are around the mean position, and the latest data shows declining bearish pressure. The RSI also shares this sentiment as the indicator rose to 64.06 from below the 50.00 index level; though, it suggests room for further movement in either direction. The wide Bollinger Bands suggest increasing volatility, indicating that the $2.60 level resistance may not hold for the week.
The 4-hour price chart of NEAR shows that NEAR has found strong support at the $1.80 price level enabling the price to recover rapidly to $2.10 as bulls sought to go higher. Despite short retracements, the price has continued to soar, crossing the $2.50 mark in recent hours.
The RSI is at 64.06, suggesting that the asset is near the top of the the neutral region, which indicates that NEAR price observes steady bullish sentiment with room for movement in either direction. The MACD is showing steady bullish candles, with the MACD line at 0.060, showing rising bearish pressure.
Period | Value | Action |
---|---|---|
SMA 3 | $ 2.38 | BUY |
SMA 5 | $ 2.40 | BUY |
SMA 10 | $ 2.32 | BUY |
SMA 21 | $ 2.21 | BUY |
SMA 50 | $ 2.39 | BUY |
SMA 100 | $ 2.48 | BUY |
SMA 200 | $ 3.17 | SELL |
Period | Value | Action |
---|---|---|
EMA 3 | $ 2.24 | BUY |
EMA 5 | $ 2.30 | BUY |
EMA 10 | $ 2.38 | BUY |
EMA 21 | $ 2.47 | BUY |
EMA 50 | $ 2.76 | SELL |
EMA 100 | $ 3.32 | SELL |
EMA 200 | $ 3.97 | SELL |
NEAR observes the bulls crashing into an iron board at the $3.3 mark that has sent the price crumbling back toward the $2 mark. If the bulls are unable to defend the level, any short-term gains made by the asset might be neutralized.
As previously expected the price rose to $2.50 and is expected to continue with the momentum. As such, traders should expect the coin to continue rising towards the $2.70-2.90 mark for the next few days. Key levels to watch are $2.38 and $2.34 with each level suggesting a breakdown from the trend.
NEAR Protocol distinguishes itself in the cryptocurrency market capitalization, emphasizing scalability, usability, and developer-friendliness. It aims to facilitate the creation of decentralized applications (dApps) and smart contracts, catering to developers and end-users. NEAR’s innovative technology and user-centric approach make it attractive for mainstream adoption of blockchain applications.
With a focus on user experience and developer tools, NEAR Protocol is positioned to drive significant medium term growth in the decentralized application ecosystem. Its potential to disrupt traditional industries and capture market share in the blockchain space makes it an intriguing investment opportunity for those interested in innovative technology solutions.
NEAR has found strong support at the $1.80 price level enabling the price to recover rapidly to $2.10 as bulls sought to go higher. Despite short retracements, the price has continued to soar, crossing the $2.50 mark in recent hours.
NEAR protocol price has seen a massive selloff in the last thirty days as price fell from near the $3.00 mark to the current $2 price level. However, analysts believe that this bearish momentum will be short-term, predicting a price range of $2.25 and the $5.5 by the end of 2025.
NEAR protocol price is experiencing a volatile market movement that may see it reach the $10 mark before the end of 2027.
NEAR protocol price is expected to cross the $20 threshold by 2031 This supports the long term forecast as the industry continues to see increasing adoption across the mainstream. The bullish rally will be supported by NEAR’s vision of a scalable future and user and developer-friendly architecture that sets it apart from other blockchains.
The chance of NEAR protocol price reaching the $50 mark depends on various circumstances, such as future network development, market regulations, and the broader cryptocurrency market growth. If NEAR continues its current trajectory, it can reach $50 in the next several years.
Yes, NEAR has a good long-term future due to its innovative technology, focus on scalability and strong ecosystem development, which supports a favorable price prediction . However, the project must keep up with sector developments to maintain its edge in the digital ecosystem.
NEAR protocol price forecast for the month of July is expected to trade at a minimum price of $1.99, with an average of $2.18 and a maximum price of $2.50.
Month | Minimum Price | Average Price | Maximum Price |
July | $1.99 | $2.18 | $2.50 |
For 2025, the minimum price is $1.90, the average price is $3.46, and the maximum price is $4.66.
Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
2025 | 1.90 | 3.46 | 4.66 |
Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
2026 | 4.55 | 5.28 | 5.43 |
2027 | 6.25 | 7.21 | 7.40 |
2028 | 8.15 | 8.88 | 9.57 |
2029 | 10.04 | 11.13 | 11.60 |
2030 | 14.28 | 15.18 | 15.86 |
2031 | 20.64 | 21.87 | 22.22 |
The forecast for 2026 suggests a continuation of the price rise with a minimum value of $4.55, an average price of $5.28, and a maximum value of $5.43.
Technical analysis and projections for 2027 anticipate the minimum price to be around $6.25, with an average trading price of $7.21, and a maximum value of $7.40 by the end of 2027.
In 2028, NEAR price prediction estimates NEAR Protocol’s price to be trading at a minimum of $8.15, an average of $8.88, and a maximum value nearly reaching $9.57 by the end of 2028.
The NEAR Protocol price prediction for 2029 suggests the bullish sentiment will continue with a minimum price of $10.04, an average trading price of nearly $11.13, and a maximum value of $11.60 by the end of 2029.
In 2030, NEAR Protocol price prediction forecasts NEAR could trade at a minimum of $14.28, an average price of nearly $15.18, and a maximum value of $15.86 by the end of 2030.
The NEAR Protocol forecast for 2031 suggests a sustained bullish sentiment with a minimum value of $20.64, an average trading price of nearly $21.87, and a maximum value of $22.22.
Firm | 2025 | 2026 |
Coincodex | $11.79 | $14.28 |
DigitalCoinPrice | $11.09 | $12.92 |
Cryptopolitan’s predictions show that the price of the NEAR Protocol will reach a high of $4.66 in the second half of 2025. In 2026, it will range between $4.55 and $5.43. In 2030, it will range between $14.28 and $15.86, with an average of $15.18. Note that these predictions are not investment advice. Seek independent professional consultation or do your research.