NEAR Protocol is forecasted to experience steady growth in 2024, trading within a range of $5.72 to $6.20. Analysts predict an average price of $6.03 for the year, suggesting a potential return on investment of 12.34% compared to current levels. By this month, NEAR could see a price increase of 9.16%, assuming the token reaches its average projected price. For investors, this outlook provides a modest but stable opportunity, especially given the anticipated end-of-year growth.
Source: Capmarketcap
Sentiment in the short term remains mixed. Currently priced at $5.52, the market appears cautious, with technical indicators showing 14 bullish signals compared to 19 bearish ones. At the same time, the Fear & Greed Index stands at 75, signaling heightened optimism among traders despite the bearish sentiment.
Ahead for NEAR in 2025 Lies a Sure Upside
Looking into 2025, Coinfomania expects NEAR Protocol’s price to trade in a much broader range, between $5.38 and $22.81. The average price prediction for the year stands at $10.08, reflecting a significant potential upside. December 2025 could be a standout month, with analysts forecasting a 312.75% price surge compared to today’s levels.
Near-term projections also look promising. By January 18, 2025, NEAR is predicted to reach $8.37, marking a 46.40% rise. The token’s 50-day simple moving average (SMA) is expected to hit $6.60 by the same date, while its 200-day SMA is set to increase to $5.32. While these forecasts suggest upward momentum, traders should remain careful, as market volatility is a prime factor.
Bullish Prospects for NEAR Protocol Come 2026
The view for NEAR Protocol in 2026 appears bullish overall. Analysts predict the token could peak at $20.75 in March, with a potential low of $4.96 in December. The year’s average price is forecasted at $9.77, making it a favorable prolonged hold for patient investors.
For now, however, the market’s short-term sentiment remains bearish. Over the past seven days, NEAR has experienced a 21.77% decline, though projections indicate a recovery in the coming days. By December 21, the token could rise to $6.17, representing an 11.43% increase. Despite recent volatility, NEAR has recorded green days in 57% of the last 30 days, signaling resilience in the face of market fluctuations.
NEAR stretched potential remains compelling for those willing to ride out short-term uncertainty. With predictions pointing to significant growth in 2025 and beyond, the token could offer attractive returns for both short- and long-term investors. However, as always, careful consideration and market analysis are essential for making informed decisions.
FAQs
1. What is NEAR Protocol’s price prediction for 2024?
NEAR is expected to trade between $5.72 and $6.20 in 2024, with an average price of $6.03.
2. How high could NEAR Protocol’s price go in 2025?
The price could reach as high as $22.81, with an average price prediction of $10.08 for the year.
3. Is now a good time to buy NEAR Protocol?
Current sentiment is bearish, and short-term volatility is high, so caution is advised for short-term investments.
The post NEAR Protocol’s (NEAR) 2024, 2025-2026 Price Prediction: Why NEAR Protocol Could Surge to $22.81 in 2025 Despite Short-Term Bearish Sentiment appeared first on Coinfomania.