NEAR Protocol: Undervalued in AI Crypto

Crypto analyst Michaël van de Poppe calls $NEAR extremely undervalued, highlighting its fully circulating supply and community-focused mechanics that drive active token usage. He points to untapped alpha in AI and #Crypto protocols, where NEAR Protocol shines amid broader market disinterest, potentially mirroring hype around projects like TAO in the evolving AI crypto space.

From a technical confluence standpoint, NEAR's 4-hour chart paints a bearish picture with price at $1.32 hugging the EMA50 and EMA200 both at $1.35, acting as immediate overhead resistance in this downtrend. MACD signals a death cross at -0.02, underscoring weakening momentum, while RSI at 43.93 stays neutral but hints at seller exhaustion. Price trades inside Bollinger Bands, testing the upper resistance at $1.38—a break above could spark a reversal, but failure likely pulls back to lower support at $1.27, aligning with broader crypto market crash risks and offering entry for NEAR price prediction plays in AI industry impact scenarios.