Latest Update
2026-11-05 10:51 UTC

NEAR: Michaël van de Poppe Flags $3.50-$4.00 Bottom Zone

NEAR: Michaël van de Poppe Flags $3.50-$4.00 Bottom Zone

Michaël van de Poppe states that NEAR hysteria peaked above $5 and now sees the $3.50-$4.00 range as a prime accumulation area after the token lost key support levels.

Source

Analysis

Michaël van de Poppe says NEAR hysteria peaked above $5 and the token now trades in attractive accumulation territory after failing to hold support near $4.30.

The trader expects a sweep of lows in the coming days and targets a bottom between $3.50 and $4.00 as the likely zone for the next rally.

NEAR currently sits at $3.68 inside its 4-hour Bollinger Bands with the lower band at $3.64 and upper resistance at $4.17. Price remains below both the EMA50 at $4.15 and EMA200 at $4.51 while the MACD shows a death cross at -0.09 and RSI at 34.09 stays neutral. With price pressing the lower band while the longer-term moving averages act as overhead resistance, a brief overshoot toward the $3.50 region appears probable before any sustained recovery attempt.

Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast