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NEAR Protocol Price Prediction – Will NEAR Price Hit $25 in 2022?

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NEAR Protocol Price Prediction – Will NEAR Price Hit $25 in 2022? thumbnail
  • Bullish Near Protocol price prediction ranges from $4.964 to $20.365.
  • The NEAR price might also reach $25 soon.
  • Bearish NEAR price prediction 2022 is 2.903.

This NEAR Protocol Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our NEAR  price analysis and prediction.

Among the cryptocurrencies that are surging this last year, NEAR is perhaps one of the most surprising for some. It is not directly related to Bitcoin, nor is it the most hyped cryptocurrency today. But for those that are aware, NEAR has been around since December 2019.

Can NEAR reach $25 in 2022? We will find out shortly. But before we proceed to our NEAR analysis, let us first answer the question “What is NEAR Protocol?” in this NEAR prediction 2022 article.

What is NEAR Protocol (NEAR)?

NEAR Protocol is a layer-one blockchain that was developed as a community-based cloud computing platform and eliminates a few limitations which have been bogging competing blockchains, such as low transaction speeds, low throughput, and poor interoperability.

Moreover, this offers the ideal environment for DApps and builds a developer and user-friendly platform. For instance, NEAR uses human-readable account names instead of Ethereum cryptographic wallet addresses. Besides introducing unique solutions to scaling problems, NEAR has its own consensus mechanism called “Doomslug.”

In addition, the NEAR Protocol is being developed by the NEAR Collective, its community that is updating the initial code and releasing updates to the ecosystem. More so, its goal is to build a platform that is “secure enough to manage high-value assets like money or identity and performant enough to make them useful for everyday people.”

Among the projects built on NEAR Protocol are Flux, a protocol allowing developers to create markets based on assets, commodities, and real-world events, and Mintbase, a platform for minting NFT.

Now that we are clear about NEAR Protocol do you think NEAR will be beneficial crypto in 2022? Join me and let us see the charts in this NEAR price analysis and NEAR price prediction.

NEAR Protocol Current Market Status

As of the time of writing this NEAR Protocol price analysis, NEAR trades at $4.48 with a 24-hour trading volume of $635,619,866. The price of NEAR has increased by 17.68% in the last 24 hours.

Furthermore, NEAR has a current circulating supply of 740,892,894.00 NEAR. Currently, the top cryptocurrency exchanges for NEAR are BinanceOKExHuobi Global, Mandala Exchange, and CoinTiger.

Now, let’s proceed to the next part of this NEAR technical analysis for 2022.

NEAR Protocol Price Analysis 2022

Currently, NEAR holds 23rd place on CoinMarketCap. But will the latest upgrades, development, and changes in the NEAR blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this NEAR price prediction article.

NEAR/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for NEAR Protocol (NEAR), it could be seen that the present uptrend could continue since the last candlestick is above the first half of curve from the top. This shows that the present increase in the price of NEAR might be sustained for some days before any reversal would be expected.

NEAR/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of the 1Day chart is 63.95.  This shows that NEAR is showing a strong trend since its RSI lies between 50 and 70. This value can trigger a bullish or bearish run if investors reposition themselves either towards the buyers or sellers.

NEAR/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

From the chart above, the 200-MA is above the 100-MA which means that long-term investors would gain. However, since the gap between the two moving averages is wide and both moving averages are above the recently formed candlesticks, the price of the coin might remain bullish for some time.

NEAR Protocol Price Prediction 2022

The chart below shows that NEAR has performed great over the past few days. Moreover, the NEAR price shows a bullish trend and has gained 44.3% in the past 30 days. If this trend continues, NEAR might run along with the bulls, overtaking its $4.964 resistance1 level and moving higher to $20.365 at resistance10, the 2022 bullish signal.

NEAR/USDT 1Day Chart Showing the Key Levels (Source: Tradingview)

Conversely, if the investors turn towards the crypto, the bears might take over and push NEAR from its uptrend position. In simpler terms, the price of NEAR might plummet to almost $2.903, a bearish signal.

Meanwhile, our long-term NEAR price prediction for 2022 is bullish. It has a high possibility of reaching new heights. More so, this will only happen if it breaks many past psychological resistances.

If this bullish trend continues, NEAR will reach $20.365 by the end of 2022. Moreover, in July 2022, NEAR is going to show fast growth, up to $4.964. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $25 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

NEAR Protocol Price Prediction 2023

If NEAR holds the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $50, making it not plummet but play consistently.

NEAR Protocol Price Prediction 2024

As per the latest upgrades, developments, NEAR price prediction, and new project forecasts of the platform, NEAR investors could expect many partnerships and integrations around 2024. Moreover, this might boost the price of NEAR in the crypto market, and it will be the best investment as the price can spike and reach around $65.

NEAR Protocol Price Prediction 2025

In the next three years, NEAR’s price could race up to $70. However, reaching this level could not be so difficult for NEAR as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that NEAR has a high possibility of reaching a new ATH soon in the next three years as per the prediction.

NEAR Protocol Price Prediction 2026

In the next four years, NEAR’s price could race up to $100. However, reaching this level could not be so difficult for NEAR as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that NEAR has a high possibility of reaching a new ATH soon in the next four years as per the prediction.

NEAR Protocol Price Prediction 2027

As per the latest upgrades, developments, NEAR price prediction, and new project forecasts of the platform, NEAR investors could expect many partnerships and integrations around 2027. Moreover, this might boost the price of NEAR in the crypto market, and it will be the best investment as the price can spike and reach around $150.

NEAR Protocol Price Prediction 2028

In the next six years, NEAR’s price could race up to $300. However, reaching this level could not be so difficult for NEAR as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that NEAR has a high possibility of reaching a new ATH soon in the next six years as per the prediction.

NEAR Protocol Price Prediction 2029

As per the latest upgrades, developments, NEAR price prediction, and new project forecasts of the platform, NEAR investors could expect many partnerships and integrations around 2029. Moreover, this might boost the price of NEAR in the crypto market, and it will be the best investment as the price can spike and reach around $450.

NEAR Protocol Price Prediction 2030

In the next eight years, NEAR’s price could race up to $600. However, reaching this level could not be so difficult for NEAR as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that NEAR has a high possibility of reaching a new ATH soon in the next eight years as per the prediction.

Conclusion

NEAR has a bright future ahead of it in 2022. With the ongoing developments happening within the NEAR ecosystem, as well as in the overall crypto market, we may see NEAR reach new heights.

Bullish NEAR price prediction 2022 is $20.365. As said above, it may even reach its new ATH if investors have decided that NEAR is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is NEAR Protocol?

NEAR Protocol is a layer-one blockchain that was developed as a community-based cloud computing platform and eliminates a few limitations which have been bogging competing blockchains.

How to Buy NEAR Tokens?

Users can obtain NEAR tokens by purchasing them from cryptocurrency exchanges such as Binance, OKEx, Mandala Exchange, Huobi Global, and CoinTiger.

Will NEAR Surpass its Current ATH?

NEAR is a good investment in 2022. Moreover, NEAR has a high possibility of reaching new heights this year.

Can NEAR reach $25 soon?

Yes, it’s very much possible that NEAR might reach $25 in the near future as per the current bullish trend.

What will be the NEAR Protocol price by 2022?

NEAR Protocol (NEAR) price is possible to reach $20.365 by 2022.

What will be the NEAR Protocol price by 2023?

NEAR Protocol (NEAR) price is possible to reach $50 by 2023.

What will be the NEAR Protocol price by 2024?

NEAR Protocol (NEAR) price is possible to reach $65 by 2024.

What will be the NEAR Protocol price by 2025?

NEAR Protocol (NEAR) price is possible to reach $70 by 2025.

What will be the NEAR Protocol price by 2026?

NEAR Protocol (NEAR) price is possible to reach $100 by 2026.

What will be the NEAR Protocol price by 2027?

NEAR Protocol (NEAR) price is possible to reach $150 by 2027.

What will be the NEAR Protocol price by 2028?

NEAR Protocol (NEAR) price is possible to reach $300 by 2028.

What will be the NEAR Protocol price by 2029?

NEAR Protocol (NEAR) price is possible to reach $450 by 2029.

What will be the NEAR Protocol price by 2030?

NEAR Protocol (NEAR) price is possible to reach $600 by 2030.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

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