NEAR Price Prediction: Oversold Conditions Could Drive Recovery to $1.50 by March 2026
The post NEAR Price Prediction: Oversold Conditions Could Drive Recovery to $1.50 by March 2026 appeared on BitcoinEthereumNews.com.
Iris Coleman
Feb 03, 2026 11:10
NEAR Protocol trades at $1.19 in deeply oversold territory with RSI at 26.70. Technical analysis suggests potential recovery to $1.50-$1.85 range by March 2026 if support holds.
NEAR Price Prediction Summary • Short-term target (1 week): $1.27 • Medium-term forecast (1 month): $1.50-$1.85 range• Bullish breakout level: $1.47 • Critical support: $1.16 What Crypto Analysts Are Saying About NEAR Protocol While specific analyst predictions are limited, recent analysis from February 2, 2026, by Ted Hisokawa suggests that NEAR Protocol is trading in oversold territory with an RSI of 28.29. The analysis indicates a potential recovery to the $1.50–$1.85 range by March 2026, provided that support holds at $1.16. According to on-chain data from major exchanges, NEAR Protocol has shown resilience despite the recent selling pressure, with 24-hour trading volume maintaining healthy levels at $17.4 million on Binance alone. NEAR Technical Analysis Breakdown The current NEAR price prediction is heavily influenced by oversold technical conditions. NEAR Protocol is trading at $1.19, showing a modest 0.68% gain in the last 24 hours despite broader market pressure. The RSI indicator at 26.70 signals deeply oversold conditions, historically indicating potential bounce opportunities. The MACD histogram sits at 0.0000, suggesting bearish momentum may be stabilizing rather than accelerating downward. Bollinger Bands analysis reveals NEAR is positioned at just 0.10 on the band scale, placing it very close to the lower band at $1.12. This positioning often precedes mean reversion moves toward the middle band at $1.47. Key moving averages paint a bearish picture with NEAR trading below all major timeframes: SMA 7 at $1.28, SMA 20 at $1.47, and critically below the SMA 200 at $2.22. However, the proximity to the SMA 7 suggests near-term resistance once momentum shifts. NEAR Protocol…
Filed under: News - @ February 4, 2026 4:21 am