NEAR: Van de Poppe Flags $5 Target on Weekly Surge

Michaël van de Poppe spotlighted a crazy weekly candle for NEAR, leaving traders debating whether the move signals a near-term top or continuation toward $5.

The veteran analyst noted he would accumulate aggressively on any pullback to the $2.60-2.80 zone, calling NEAR one of the strongest holdings for the current bull cycle after building positions near $1.

With price testing upper Bollinger resistance at $3.92 while RSI flashes overbought at 86.69, a healthy retracement to the 50-EMA support at $2.72 seems probable before further continuation. NEAR price prediction models now hinge on whether the golden-cross MACD at 0.32 sustains momentum above the 200-EMA at $2.22 or yields to short-term volatility exhaustion inside the bands.