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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 | $2.08 (-4.45%) |
| Market Cap | $2.56 Billion |
| Trading Volume 24-h | $172.2 Million |
| Circulating Supply | 1.22 Billion NEAR |
| All-time High | $20.42 Jan 17, 2022 |
| All-time Low | $0.526, Nov 04, 2020 |
| 24-h High | $2.21 |
| 24-h Low | $2.02 |
| Sentiment | Bearish |
| 50-Day SMA | $2.61 |
| 200-Day SMA | $3.63 |
| Price Prediction | $4.59 (119.82%) |
| F & G Index | 11.63 (extreme fear) |
| Green Days | 13/30 (44%) |
| 14-Day RSI | 46.18 |
TL;DR Breakdown:
Near Protocol price analysis for June 20 shows that NEAR price witnessed a strong decline over the last few days, dropping from the peak of $2.6. The bulls failed to trigger a recovery and the price has fallen back to the $2.10 mark.
The 1-day NEAR/USD price chart indicates that the near protocol price trades in a steady downwards trend since rising toward $2.6. Sellers are now aiming for a strong push below $2 to initiate a breakdown below the trendline.
The technical indicators suggest mixed bearish momentum as NEAR declines toward $2.00, raising concerns of a short-term bearish rally. Moreover, the MACD is bearish at -0.022 units and suggests low buying demand.
The EMAs are below the mean position, and the latest data shows that declining bearish pressure. The RSI also shares this sentiment as the indicator fell to 35.48 from the 70.00 index level; though, it suggests room for further downwards movement. The wide Bollinger Bands suggest high volatility, indicating that the $2.1 level may not hold for the week.
The 4-hour price chart of NEAR shows that NEAR has met strong resistance at the $2.2 mark and the following selloff suggests high bearish momentum. If the buyers fail to defend $2.10 support, NEAR may see a freefall below the $2.00 level.
The RSI is at 36.85, suggesting that the asset is at the bottom of the the neutral region, which indicates that NEAR price is facing domination from sellers. The MACD is showing minor bearish candles, with the MACD line at 0.002, showing declining bullish pressure.
| Period | Value | Action |
|---|---|---|
| SMA 3 | $ 2.27 | SELL |
| SMA 5 | $ 2.37 | SELL |
| SMA 10 | $ 2.39 | SELL |
| SMA 21 | $ 2.43 | SELL |
| SMA 50 | $ 2.65 | SELL |
| SMA 100 | $ 2.60 | SELL |
| SMA 200 | $ 3.35 | SELL |
| Period | Value | Action |
|---|---|---|
| EMA 3 | $ 2.45 | SELL |
| EMA 5 | $ 2.49 | SELL |
| EMA 10 | $ 2.49 | SELL |
| EMA 21 | $ 2.54 | SELL |
| EMA 50 | $ 2.81 | SELL |
| EMA 100 | $ 3.37 | SELL |
| EMA 200 | $ 4.01 | SEL |
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.
Traders should expect the price of Near protocol to continue its trend of steady decline with the next support at the $1.90 mark. However, if the bulls are able to initiate a reversal towards $2.34, NEAR may rise to the $2.44 mark by the middle of next week.
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.
The 4-hour price chart of NEAR shows that NEAR has met strong resistance at the $2.60 mark and the following selloff caused a drop to $2. This was due to the continued selling pressure on the price chart.
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 June is expected to trade at a minimum price of $1.99, with an average of $2.50 and a maximum price of $4.20.
| Month | Minimum Price | Average Price | Maximum Price |
| June | $1.99 | $2.50 | $4.20 |
For 2025, the minimum price is $2.25, the average price is $4.09, and the maximum price is $5.50.
| Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
| 2025 | 2.25 | 4.09 | 5.50 |
| Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
| 2026 | 5.36 | 6.22 | 6.40 |
| 2027 | 7.37 | 8.51 | 8.73 |
| 2028 | 9.22 | 10.17 | 10.78 |
| 2029 | 9.62 | 10.47 | 11.29 |
| 2030 | 11.84 | 13.13 | 13.68 |
| 2031 | 16.85 | 17.90 | 18.71 |
The forecast for 2026 suggests a continuation of the price rise with a minimum value of $5.36, an average price of $6.22, and a maximum value of $6.40.
Technical analysis and projections for 2027 anticipate the minimum price to be around $7.37, with an average trading price of $8.51, and a maximum value of $8.73 by the end of 2027.
In 2028, NEAR price prediction estimates NEAR Protocol’s price to be trading at a minimum of $9.22, an average of $10.17, and a maximum value nearly reaching $10.78 by the end of 2028.
The NEAR Protocol price prediction for 2029 suggests the bullish sentiment will continue with a minimum price of $9.62, an average trading price of nearly $10.47, and a maximum value of $11.29 by the end of 2029.
In 2030, NEAR protocol price prediction forecasts NEAR could trade at a minimum of $11.84, an average price of nearly $13.13, and a maximum value of $13.68 by the end of 2030.
The NEAR Protocol forecast for 2031 suggests a sustained bullish sentiment with a minimum value of $16.85, an average trading price of nearly $17.90, and a maximum value of $18.71.
| 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 $5.50 in the second half of 2025. In 2026, it will range between $5.36 and $6.40. In 2030, it will range between $11.84 and $13.68, with an average of $13.13. Note that these predictions are not investment advice. Seek independent professional consultation or do your research.
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