As of December 22, 2024, NEAR Protocol ($NEAR ) is trading at approximately $4.96, reflecting a 6.34% decline over the past 24 hours.
Technical Indicators:
Moving Averages (MAs): The 50-day and 200-day moving averages are trending downward, indicating a bearish trend.
Relative Strength Index (RSI): The RSI is within the neutral range of 30-70, suggesting neither overbought nor oversold conditions.
Oscillators: Technical indicators such as the MACD and Stochastic Oscillator are currently neutral, providing no clear buy or sell signals.
Support and Resistance Levels:
Support: Immediate support is observed around $4.15 to $4.51, which could serve as a potential entry point for buyers.
Resistance: The 50-day moving average may act as a resistance level in the near term.
Price Predictions:
Short-Term (Next 30 Days): Forecasts suggest a potential increase of approximately 5%, with prices possibly reaching around $3.74.
Mid-Term (2025): Analysts predict that NEAR could attain a price of approximately $8.34 by 2025, indicating potential growth.
Long-Term (2030): Projections estimate that NEAR may reach up to $44 by 2030, reflecting optimism about its future prospects.