NEAR: Michaël van de Poppe Eyes €1.70 Flip
NEAR at $1.86 rejected key level as Michaël van de Poppe waits for €1.70 flip targeting €2.10 or accumulates $1.20-1.30 on breakdown.
SourceAnalysis
NEAR rejected the flip level Michaël van de Poppe targeted, leaving the trader sidelined until price clears €1.70 for a daytrade aiming at €2.10.
Over the past six months Bitcoin dominance and broader risk-off flows have capped altcoin recoveries, pushing NEAR price prediction models to factor deeper liquidity sweeps below recent lows.
With price testing upper Bollinger resistance at $1.92 while RSI sits neutral at 48.64, a healthy retracement to the 50-EMA support at $1.92 appears probable before further continuation; the MACD golden cross at -0.01 hints at building momentum inside the bands, yet the bearish EMA200 at $2.05 keeps the macro structure intact unless €1.70 converts to support within 24-72 hours.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast