NEAR: Analyst Flags Bullish Chart for New Highs
NEAR at $2.6 holds bullish structure above EMA50 at $2.31 as Michaël van de Poppe calls for dip buys and fresh yearly highs.
SourceAnalysis
NEAR posted a solid bullish chart structure, with @CryptoMichNL urging traders to buy dips rather than expect heavy stalls.
Price sits at $2.6 inside the Bollinger Bands, testing upper resistance at $2.64 while the lower band at $2.25 marks short-term volatility support. The 50-EMA at $2.31 and 200-EMA at $2.0 act as layered long-term floors. Despite the MACD death cross at 0.05, RSI at 63.22 leaves room before overbought conditions, so a measured pullback to the 50-EMA confluence looks probable before continuation toward new yearly highs.
Market participants tracking NEAR price prediction models now weigh this setup against broader crypto flows, where dip accumulation remains the preferred tactic over the past six months.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast