NEAR: Van de Poppe Eyes Strong Discount Buy
NEAR at $1.58 draws Michaël van de Poppe as strong buyer on discount; 4h chart shows bearish EMA50 at $1.64 with MACD death cross.
SourceAnalysis
Michaël van de Poppe flagged a strong buy zone for $NEAR if current levels hold, calling the token a huge discount at $1.58.
Price sits below both the EMA50 at $1.64 and EMA200 at $1.74, confirming the bearish trend structure while MACD prints a death cross at -0.01; RSI at 41.15 leaves room before oversold territory and the pair trades inside Bollinger bands with upper resistance at $1.69 and lower support at $1.56, suggesting any bounce may stall at the 50-EMA before continuation lower. Traders scanning NEAR price prediction models now weigh this macro-technical setup against broader crypto market crash risks and AI industry impact on layer-1 demand.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast