NEAR: Analyst Flags MACD Divergence at Support
NEAR at $1.64 with MACD bullish divergence and neutral RSI(14) at 52.49 signals potential reversal toward $1.85 and $2.40 targets.
SourceAnalysis
NEAR shows a strong move at higher-timeframe support as Michaël van de Poppe highlights bullish divergence on the MACD, marking the likely end of the correction phase.
Price sits at $1.64 inside the Bollinger Bands with the EMA50 acting as immediate support while the EMA200 at $1.76 caps upside; the MACD golden cross at -0.0 combined with RSI(14) at 52.49 creates confluence for a measured advance first to the $1.85 resistance zone before extension toward $2.40. This setup aligns with historical NEAR Protocol price history patterns where similar MACD bullish divergence vs RSI setups preceded Q4 rallies, supporting the NEAR price prediction of a new high before year-end.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast