This Top-50 Altcoin Is Set For A Massive Surge After Significant Correction, Predicts Trader
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 08 2025
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Source: Benzinga
Michaël van de Poppe's Optimism for NEAR Protocol: Analyst Michaël van de Poppe believes NEAR is positioned well after a liquidity sweep, predicting its price could rise to between $15 and $20 within three to six months, marking a potential 500% increase from its current value of $3.23.
Market Sentiment and Bitcoin Analysis: Amid bearish market conditions, van de Poppe advises investors to hold their crypto assets, noting that Bitcoin is fairly valued while altcoins are undervalued; he suggests that Bitcoin may trade sideways until it breaks its all-time high resistance of approximately $108,000.
Analyst Views on NEAR
Wall Street analysts forecast NEAR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NEAR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 51.140
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Current: 51.140
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
