NEAR Protocol: Targets $2 Upside

Crypto analyst Michaël van de Poppe predicts a strong market continuation as altcoins rebound from recent obliteration, highlighting NEAR's breakout without a clean retest at $1.41. He eyes upside potential to $2, noting markets rarely offer ideal entries—mirroring trends in Bitcoin (BTC) dominance shifts. This aligns with NEAR price prediction models forecasting recovery in the crypto market crash aftermath, potentially boosted by AI-driven protocols like TAO.

From a technical confluence standpoint, NEAR trades at $1.58 in a bullish structure, hugging the EMA50 at $1.5 as firm support while the EMA200 at $1.39 anchors the longer-term uptrend. Momentum sits neutral with RSI at 56.73, but the MACD's bearish death cross at 0.02 signals caution—price squeezes inside Bollinger Bands, testing upper resistance at $1.61 where volatility could exhaust. I'd tell my institutional clients to watch for a quick dip to lower support at $1.52 before resuming the push, especially if broader altcoin market recovery gathers steam.