- NEAR climbed from $2.30-$2.60 to nearly $4.30 between Sept. 9 and Sept. 21, extending its September recovery.
- CryptoBullet identifies a long-term double-bottom structure and cites $8 and $20 targets, alongside higher levels of $30-$40.
- NEAR holds around $4 support, while $4.25-$4.50 remain key levels and exchange flows show sharp inflow and outflow swings.
NEAR climbed above $4 after a September recovery, drawing attention from analysts CryptoBullet and Michael van de Poppe. The token rose from about $2.30-$2.60 to nearly $4.30 between Sept. 9 and Sept. 21. Meanwhile, exchange flows showed large inflow and outflow swings as NEAR’s price accelerated higher.
NEAR Surges Above $4 After September Recovery
NEAR traded between $2.30 and $2.60 through Sept. 16 before moving above $3.00 on Sept. 17. The rally continued toward $3.50-$3.80 on Sept. 18 and 19. A further move on Sept. 20 pushed NEAR above $4.00, with the latest reading approaching $4.30.
CryptoBullet described NEAR’s macro structure as a giant double bottom. He listed $8 and $20 as targets, while also citing $30-$40. CryptoBullet also said NEAR had gained 75% so far.
Van De Poppe Sets $4.25 Rally Target
Michael van de Poppe also discussed NEAR after a request from his audience. He said he had accumulated the token around $1.20-$1.50. According to van de Poppe, NEAR broke higher after a brief retest.
However, he said the move could be approaching a short-term top. His target zone sits at $4.25, which he identified as the previous low. He also discussed the possibility of a 30%-40% dip from higher levels.
Exchange Flows Swing During NEAR Price Surge
NEAR’s exchange netflows showed sharp changes throughout September. Positive spikes reached about $5.8 million on Sept. 9 and $3.6 million on Sept. 11. Additional positive spikes reached roughly $6 million-$7 million on Sept. 17 and 18.
Another spike approached $6.5 million on Sept. 20. Meanwhile, negative netflows reached about $3.8 million on Sept. 18 and Sept. 20. These movements show changing exchange activity. Positive netflows can increase tokens available for trading, while negative netflows can reflect withdrawals.
Neither measure alone confirms whether investors bought or sold. NEAR has support around $4.00, with additional levels near $3.50-$3.80. A move above $4.00 keeps $4.50 in focus, while a decline could revisit lower support.
