NEAR Protocol (NEAR) price trades near $1.64 after a 10.58% daily jump, with analyst Michaël van de Poppe calling it one of the most bullish charts in the ecosystem and pointing to a potential $2 test.
The Dutch analyst flagged $1.40 as the level NEAR must hold to keep the bullish thesis intact, citing strong revenue growth tied to NEAR Intents. The token has already been printing higher highs since February.
Van de Poppe Spots Acceleration Zone Between $1.50 and $1.70
Michael van de Poppe published his NEAR daily chart on May 19 with three concrete levels marked. The $1.410 horizontal line marks the must-hold support. The rising blue moving average tracks just beneath the current price. A shaded $1.951 box marks his next target zone.
Price has pushed back to $1.666 on the chart, up 2.46% on the day. NEAR has reclaimed the $1.50 to $1.70 acceleration zone Van de Poppe flagged. Volume tells the same story, with the lower panel showing a clear uptrend since the February low. The RSI in the top panel reads near 62, still well below overbought.
Van de Poppe summarized the setup in a short post on X.
The post echoes a broader Poppe view that altcoin season is taking shape in 2026, with AI infrastructure tokens leading the rotation.
NEAR daily chart / Source: XGlobal Community Map Adds Fundamental Weight to the Bull Case
Beyond the chart, the bull case for NEAR rests on adoption that has gone meaningfully global. The NEAR Legion community map plots active members worldwide. Concentrations span San Francisco, Delhi, Lagos, São Paulo, Europe, and Southeast Asia.
The official account framed the geography around AI utility in a recent post on X.
NEAR Legion global map / Source: XThat AI angle ties directly to NEAR Intents, the cross-chain settlement layer driving recent revenue growth. As of February 2026, 100% of NEAR Intents fees convert to NEAR through the Fee Switch mechanism. The setup creates structural buy pressure on every transaction.
Daily fee revenue has crossed $400,000 at peaks, with cumulative fees passing $10 million. That same growth is the catalyst Van de Poppe cited when calling for a $2 test.
NEAR Price Prediction Eyes $1.90 Breakout
The NEAR daily chart confirms the structural uptrend Van de Poppe described. Price has produced consistent higher highs and higher lows since the February 6 swing low near $0.84. The 0.618 Fibonacci retracement at $1.49 has flipped from resistance to support.
That flip was confirmed on May 17 when NEAR closed above $1.49. A green arrow on the daily chart highlights the move. The asset now trades at $1.643, having tagged $1.667 earlier, right at the 0.786 Fibonacci level of $1.671.
A clean daily close above $1.67 would open the path to $1.897. That level matches the January 13 swing high and the 1.0 Fibonacci extension. Van de Poppe’s $1.951 next target zone overlaps this area, giving the bullish setup roughly 15% upside from the current price.
NEAR daily chart / Source: TradingviewInvalidation sits at the 0.382 Fib at $1.244, slightly below Van de Poppe’s $1.40 line. A daily close beneath $1.40 would void the bullish structure. Price would likely fall toward the deeper support cluster between $1.20 and $1.25.
The catalyst remains NEAR Intents’ revenue. With Fee Switch active and on-chain volume rising, NEAR offers a rare combination of bullish chart structure and fundamental growth. A clean break above $1.90 would confirm the next leg.
The post One AI Token Has the Most Bullish Chart in Crypto, Says Michaël Van de Poppe appeared first on BeInCrypto.
Source: https://beincrypto.com/near-could-rally-michael-van-de-poppe/
