Latest Update
2026-10-16 05:00 UTC

NEAR: Trader Flags Correction Buy and New Highs

NEAR: Trader Flags Correction Buy and New Highs

Michaël van de Poppe states that $NEAR stands out as the asset to accumulate during market corrections after a strong upward bounce and questions whether new highs will arrive within the coming week.

Source

Analysis

Michaël van de Poppe called $NEAR the clear buy during market corrections after a sharp bounce from recent lows, adding that the move shows no signs of stalling and could deliver new highs within the coming week. At $5.22 the token holds above its EMA50 at $5.13 and well clear of the EMA200 at $4.34, preserving the bullish trend structure while the MACD registers a fresh golden cross at 0.01. With RSI at 52.35 remaining neutral and price still inside the Bollinger bands, the next volatility test sits at upper-band resistance of $5.48 before any deeper pullback to the $4.58 lower band would be expected.


Michaël van de Poppe

@CryptoMichNL

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