Amid a significant market correction, analyst and trader Michaël van de Poppe has expressed optimism about the NEAR Protocol (CRYPTO: NEAR).
What Happened: Van de Poppe shared with his 772,700 followers on the social media platform X that NEAR is in an “ideal spot” after sweeping liquidity beneath the lows.
He anticipates the next target for NEAR to be between $15 and $20 in the coming three to six months. This would represent a 500% increase from its current price of $3.23.
“Pretty ideal spot for NEAR. It took all the liquidity beneath the lows and seems to have a strong weekly candle. If this is the liquidity sweep, then next target is $15-$20 in the next three-six months,” he said.
Full story available on Benzinga.com