$6.80
$-0.06 (-0.86%)
End-of-day quote: 2022-10-17
NEAR/USD

Is NEAR Protocol currently in an uptrend?

According to analysts, the answer is no. Since May 5, 2022, NEAR Protocol has been on a long-term downswing, decreasing in value by -39.39 percent. The 200-day moving average is currently -17.71 percent less than the current price, -36.28 percent less than the 100-day moving average, and -45.04% lower than the 50-day moving average.

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

The NEAR Protocol Forecast for 2023

The one-year forecast is generally seen as the most accurate.

Some analysts were optimistic, predicting a 12-month price target of $7.87. Others were much less optimistic, with an anticipated price of $5.97.

The most recent average price target for the following year is $6.81, which is the most crucial number.

This indicates that NEAR Protocol may rise by 0.1% over the next year.

NEAR - Relative Strength Forecast

NEAR Protocol broke through the 25 strength line from above on and then changed into a trend, which thereby generated sell signals that lasted one month.

NEAR - Trend Prediction

NEAR - Price Volatility Prediction

NEAR - Relative Strength

NEAR - Momentum Forecast

In we then see weak volatility for NEAR Protocol for a longer period of time which led to negative signals for NEAR Protocol.

The Future of NEAR Protocol In 2025-2030

The future of NEAR Protocol looks bright according to four analysts who predict that the cryptocurrency will reach $6.82 by March 2025. In five years, the price of NEAR Protocol is expected to be $6.83, and by 2030, it is anticipated to reach $6.85.