Key takeaways
- NEAR’s price struggles at $5.60 in June but is expected to surpass $15 by the end of 2024.
- By 2027, NEAR is expected to rise to a new high of $30 driven by mainstream adoption.
- Looking ahead to the year 2030, NEAR Protocol could potentially witness a significant surge, with its price potentially reaching $56 or beyond.
Overall, the prevailing sentiment within NEAR Protocol’s community is one of cautious optimism, with stakeholders closely monitoring its progress and evolution. As NEAR continues to advance its technology and forge strategic partnerships, questions surrounding its price potential persist, inviting further analysis and exploration of its future prospects.
NEAR Protocol overview
In the United States and beyond, sentiment towards NEAR Protocol is gradually turning bullish, as investors and developers recognize its potential to revolutionize various sectors through decentralized innovation. This growing confidence bodes well for NEAR’s long-term price trajectory and ecosystem expansion.
| Cryptocurrency | NEAR Protocol |
| Token | NEAR |
| Price | $5.12 |
| Market Cap | $5,619,091,469 |
| Trading Volume 24-h | $165,162,625 |
| Circulating Supply | 1,097,345,471 |
| All-time High | $20.42 Jan 17, 2022 |
| All-time Low | $0.526, Nov 04, 2020 |
| 24 High | $5.22 |
| 24 Low | $5.04 |
NEAR Protocol price prediction: Technical analysis
| Metric | Value |
| Volatility | -0.63% |
| Sentiment | Neutral |
| 50-Day SMA | $5.95 |
| 200-Day SMA | $5.41 |
| Price Prediction | $11.14 (117.60%) |
| F & G Index | 26.36 (fear) |
| Green Days | 12/30 (40%) |
| 14-Day RSI | 53.4 |
NEAR Protocol price analysis
TL;DR Breakdown
- NEAR Protocol price analysis shows a steady bullish push
- The NEAR coin has dropped by over 0.63% at the time of writing
- NEAR Protocol prices have sought support and resistance at $4.50 and $5.50, respectively.
Near Protocol price analysis for today, July 13, shows that the price has found short-term support at the $4.00 mark as the bears continue to dominate the market momentum. However, it remains to be seen whether the the bulls can hold the level or will the bearish rally continue.
The broader cryptocurrency market observed bullish sentiment over the last 24 hours as most major cryptocurrencies recorded positive price movements. Major players include XRP and ADA, recording a 17.50 and a 5.80 percent incline, respectively.
NEAR Protocol price analysis 1-day chart: NEAR rise to $5.10 as bulls crush short-term resistances
The 24-hour NEAR/USD price chart indicates a downward trend in the market as prices move toward the $5.50 level. As the price action returns to the $5.50 price level.
The Indicators reflect the bearish price sentiment as all three major technical indicators signal bearish price sentiments. The MACD is bullish at +0.101 units but suggests a bearish crossover. Moreover, the EMAs are below the mean position, and the indicator shows a sharp turn of momentum from bullish to bearish. The RSI also shares this sentiment as the indicator falls to 50.31 from near the 50.00 index level. The converging Bollinger Bands suggest increasing volatility indicating that the $4.50 support may hold for the weekend.
NEAR price analysis 4-hour chart
The 4-hour price chart of NEAR shows a steady decline as the price falls from above the $7.50 mark to the $4.00 support. The price movement was followed by a steady return to the $5.50 mark as the bulls slowly generated momentum.
The RSI is at 69.06, suggesting that the asset is in at the top of the neutral zone, which might indicate little to no room for further short-term incline. However, the horizontal slope suggests no further upwards movement. The MACD is bearish but suggests a bullish crossover with the MACD line at 0.035 showing declining bullish dominance across the 4-hour charts. These indicators collectively confirm the prevailing bullish trend.
NEAR Protocol technical indicators: Levels and actions
Daily simple moving average (SMA)
| Indicator | Value | Action |
|---|---|---|
| SMA (10) | $5.15 | SELL |
| SMA (20) | $5.20 | SELL |
| SMA (30) | $5.64 | SELL |
| SMA (50) | $6.47 | SELL |
| SMA (100) | $6.60 | SELL |
| SMA (200) | $5.35 | SELL |
Daily exponential moving average (EMA)
| Indicator | Value | Action |
|---|---|---|
| EMA (10) | $5.13 | SELL |
| EMA (20) | $5.37 | SELL |
| EMA (30) | $5.63 | SELL |
| EMA (50) | $5.98 | SELL |
| EMA (100) | $6.06 | SELL |
| EMA (200) | $5.43 | SELL |
What to expect from NEAR Protocol price analysis?
Traders should expect NEAR to end its bearish rally at the $4.00 mark as the level provides a key support to the asset and has been tested many times in the past. The strong trade volume suggests increasing activity, indicating a robust force behind the recent fall. In the short term, the price is expected to fluctuate between $4.00 and $5.00.
Currently, the closest support level is at $4.50, while NEAR Protocol faces difficulty moving past the $5.50 level.
Is Near Protocol a good investment?
NEAR Protocol distinguishes itself in the cryptocurrency market with its emphasis on scalability, usability, and developer-friendliness. It aims to facilitate the creation of decentralized applications (dApps) and smart contracts, catering to both 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 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.
Why is NEAR Down?
NEAR price declined rapidly across June as the bulls failed to maintain hold of any major footholds above the $5.00 mark. After returning to $5.50 the bullish momentum has exhausted and the price action has retraced back below the $5.50 resistance.
Will NEAR Recover?
NEAR price is expected to recover swiftly as investors buy the dip on many major altcoins across the crypto market. However, the bulls need to weather the current bearish pressure so a recovery should be expected my mid-June at the earliest.
Will NEAR Reach $10?
NEAR is experiencing a volatile market movement that may see it reach the $10 mark before the year closes.
Will NEAR Reach 20?
NEAR is expected to cross the $20 threshold by 2027 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.
Will NEAR Reach 50?
The Chance of NEAR reaching the $50 mark depends on various circumstances such as future network development, market regulations and the broader growth of the cryptocurrency market. If NEAR continues on its current trajectory, it can reach $50 in the next decade.
Does NEAR Have a Good Long Term Future?
Yes, NEAR has a good long-term future due to its innovative technology, focus on scalability, and strong ecosystem development. However, the project needs to keep up with the sector developments to maintain the edge in the digital ecosystem.
Recent news/opinions on Near Protocol
Near Protocol announced that the network is now supported on Stargate Finance V2 in an X post.
NEAR price prediction July 2024
| Month | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
| July | 4.56 | 5.44 | 6.84 |
NEAR protocol price forecast for July 2024 is expected to trade at a minimum price of $4.56, with an average of $5.44, and a maximum price of $6.84 by the end of 2024.
NEAR price prediction 2024
| Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
| 2024 | 4.86 | 10.83 | 11.97 |
At the beginning of 2024, there was a recovery in the price of cryptocurrencies, but recent events have shown that bears are now in control of price dynamics, slowing growth. NEAR Protocol (NEAR), which has seen its value rise by 1.86% today, has also been affected by this trend. Experts expect that NEAR might reach a maximum price of $16.67, an average price of $15.08 and a minimum price of $6.76.
NEAR price prediction 2025-2030
| Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
| 2025 | 11.68 | 13.32 | 13.84 |
| 2026 | 15.97 | 18.93 | 19.8 |
| 2027 | 20.93 | 23.42 | 24.43 |
| 2028 | 20.93 | 23.42 | 24.43 |
| 2029 | 25.82 | 27.37 | 28.9 |
| 2030 | 36.72 | 38.72 | 40.25 |
NEAR Price Prediction 2025
The forecast for 2025 suggests a continuation of price rise with a minimum value of $11.68, an average price of $13.32, and a maximum value of nearly $13.84.
NEAR Price Prediction 2026
Technical analysis and projections for 2026 anticipate the minimum price to be around $15.97, with an average trading price of $18.93, and a maximum value of nearly $19.80 by the end of 2026.
NEAR Price Prediction 2027
In 2027, NEAR price prediction estimates NEAR Protocol’s price to be trading at a minimum price of $20.93, with an average price of $23.42, and a maximum price value nearly reaching $24.43 by the end of 2027.
NEAR Price Prediction 2028
The NEAR Protocol price prediction for 2028 suggests the bullish sentiment will continue with a minimum price of $20.93, an average trading price of nearly $23.42, and a maximum value of $24.43 by the end of 2028.
NEAR Price Prediction 2029
In 2029, NEAR protocol price prediction forecasts NEAR could trade at a minimum of $25.82, an average price of nearly $27.37, and a maximum value of $28.90 by the end of 2029.
NEAR Price Prediction 2030
The NEAR Protocol forecast for 2030 suggests a sustained bullish sentiment with a minimum value of $36.72, an average trading price of nearly $38.72, and a maximum value of $40.25.
NEAR price prediction by analysts
| Firm | 2024 | 2025 |
| Coincodex | $23.79 | $34.28 |
| DigitalCoinPrice | $14.53 | $17.87 |
BitcoinLinux’s NEAR Protocol (NEAR) price prediction
BitcoinLinux’s predictions show that NEAR will achieve a high of $11.97 in the second half of 2024. In 2025, it will range between $11.68 and $13.84, with an average of $13.32. In 2030, it will range between $36.72 and $40.25, with an average of $38.72. Note the predictions are not investment advice. Seek independent professional consultation or do your research.
NEAR Protocol historic price sentiment
- The Near Protocol (NEAR) began its journey in August with a vision of creating a scalable and permissionless blockchain. In October 2020, the first known trade value for NEAR was recorded at $1.072. NEAR then saw a recovery, closing the year with an annual trade price of $1.459.
- The year 2021 Near Protocol price movements show an uptrend, as NEAR began trading at $1.305. By March 13th, it reached a new all-time high (ATH) of $7.572. However, a prolonged downward movement in the market pushed the price down to $1.537 by July 19th. An upward trend followed, driving the price to $11.776 on September 9th and further to $13.168 on October 26th.
- In 2022 NEAR saw its price crash down to below the $2.00 mark, a decline of over 90% of its peak value.
- 2023 saw NEAR maintain an almost horizontal line as the price volatility remained low with NEAR sticking below the $2.50 mark till the year end.
- Since the start of 2024, NEAR has observed an incredible recovery with the price rising to $7.80.
- However, the $8.00 mark reached in mid May stomped the bears sending NEAR back to the $5.60 mark where it currently trades.
- In June 2024, NEAR traded in the $4.48 – $7.66 range. In July, it has fallen to the $4.00 mark from the $5.60 price level as market sentiment remains bearish.
