Michael van de Poppe positive on NEAR price

Crypto analyst Michaël van de Poppe shares a positive view on the NEAR Protocol price. According to him, the chart looks solid and bullish, and he does not expect significant stagnation in the short term. He advises investors to use any price declines as a buying opportunity, and anticipates new yearly highs.

NEAR Protocol is available at OKX and Bybit.

In brief:

• Van de Poppe calls the NEAR chart solid and bullish
• He expects new yearly highs in the short term
• NEAR stands at $2.45, a rise of 1.7% over the past 24 hours

Van de Poppe sees bullish structure in NEAR chart

Michaël van de Poppe shares a positive analysis of NEAR Protocol via X. He states that the chart looks strong at the moment and that he does not expect heavy stagnation in the coming period.

According to Van de Poppe, it is sensible to buy on any pullback, provided the market offers room for it. He expects NEAR to reach new yearly highs in relatively short order.

NEAR rises slightly on a daily basis

At the time of his analysis, NEAR is trading at a price of $2.45, which amounts to a rise of 1.7% over the preceding 24 hours. The accompanying chart, created via TradingView, shows that the NEAR price made a sharp peak earlier in 2024, followed by a substantial correction.

The chart shows that the price has recently moved up from a support zone. Van de Poppe sees this as a positive technical signal, although it remains his personal expectation and not a guarantee of future price movements.