NEAR: Analyst Flags 50% Drop for Accumulation

NEAR has entered the zone Michaël van de Poppe prefers for building positions, having dropped 50% from its recent high while testing higher-timeframe support.

Protocol revenue continues flowing into NEAR buybacks with a fully unlocked supply supporting its deflationary setup, a structure that has defined the token's cycles over the past year. NEAR price prediction models now hinge on whether this support holds during broader crypto market crash fears and AI industry impact narratives.

Price sits at $1.62 testing the lower Bollinger Band while the EMA50 at $1.7 and EMA200 at $1.81 act as stacked resistance; the MACD death cross at -0.02 combined with RSI at 36.29 points to exhaustion that favors a brief consolidation before any sustained move higher.