The post NEAR Price Prediction: Eyes $1.35 Recovery by April as Bulls Test Key Resistance appeared on BitcoinEthereumNews.com.

Darius Baruo
Feb 28, 2026 07:56

NEAR Protocol trades at $1.06 with neutral RSI at 45.11. Technical analysis suggests potential recovery to $1.35 resistance zone within 4-6 weeks if bulls reclaim pivot.

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…

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Filed under: News - @ February 28, 2026 10:30 am