NEAR Price Analysis: Bullish Divergence Flags Possible End to Correction
Near Protocol's price action has caught the attention of analyst Michaël van de Poppe, who flags a bullish divergence on the MACD indicator at support levels.
The price of NEAR is currently sitting at $1.64 within the Bollinger Bands, with the EMA50 acting as immediate support while the EMA200 at $1.76 caps upside.
A golden cross has formed on the MACD, combined with an RSI(14) reading of 52.49, creating confluence for a measured advance first to the $1.85 resistance zone before extension toward $2.40.
This setup aligns with historical NEAR Protocol price history patterns where similar MACD bullish divergence vs RSI setups preceded Q4 rallies.