NEAR Protocol (NEAR) price is trading near $1.64 after a 10.58% daily jump, with analyst Michael van de Poppe calling it one of the most bullish charts in the ecosystem and noting a potential test of $2.
The Dutch analyst noted that the $1.40 level should hold at the NEAR level to keep the bullish thesis intact, citing strong revenue growth linked to NEAR intentions. The token has already printed its highest levels since February.
From the Poppe Spots acceleration zone between $1.50 and $1.70
Michael van de Poppe He published his daily NEAR chart on May 19 with three concrete levels identified. The horizontal line at $1,410 indicates a must-have support level. The blue bullish moving average is moving just below the current price. The shaded box of $1,951 indicates the next target area.
The price is back at $1,666 on the chart, up 2.46% on the day. NEAR has regained the $1.50-$1.70 acceleration zone indicated by Van de Poppe. Trading volume tells the same story, with the bottom panel showing a clear uptrend since the February low. The RSI in the upper panel reads near 62, still well below overbought territory.
Van de Poppe summarized the setup in a short post on X.
“One of the most bullish charts in the ecosystem: $NEAR. Due to its resilience despite the recent correction in the markets, the price is already rising towards new highs. As long as this stays above $1.40, I assume there is continuation on the board. I still expect a test of $2.00, which is not a strange thing to expect given the amazing revenue growth they have achieved and the use case behind NEAR Intents.”
This post resonates more widely child We see the altcoin season shaping up in 2026, with AI infrastructure tokens leading the rotation.
The World Community Map adds essential weight to the Taurus’ case
Beyond the chart, the bullish case for NEAR rests on adoption becoming meaningfully global. the Near the Legion Community map identifies active members around the world. Concentrations span San Francisco, Delhi, Lagos, São Paulo, Europe and Southeast Asia.
The official account framed the geography around the AI tool in a recent post on X.
“Look at this map. Green dots everywhere. From San Francisco to Delhi, from Lagos to São Paulo, from Europe to Southeast Asia. The Legion is global by design. Wherever you are, if you care about an AI future that works for you, you belong here.”
This AI angle is directly related to NEAR Intents, the cross-chain settlement layer that has been driving recent revenue growth. As of February 2026, 100% of NEAR Intentions Fees are converted to NEAR through a fee switching mechanism. The setup creates structural buying pressure on every transaction.
Daily fee revenue exceeded $400,000 at its peak, with cumulative fees exceeding $10 million. The same growth is the catalyst that Van de Poppe cited when he called for a test of $2.
Nearby price forecast is looking at a breakout of $1.90
The NEAR daily chart confirms the structural uptrend described by Van de Poppe. The price has produced higher highs and lower lows since the February 6 low near $0.84. The 0.618 Fibonacci retracement level at $1.49 flipped from resistance to support.
This reversal was confirmed on May 17 when NEAR closed above $1.49. The green arrow on the daily chart highlights this movement. The asset is now trading at $1,643, after hitting $1,667 earlier, at the 0.786 Fibonacci level at $1,671.
A clean daily close above $1.67 would open the way to $1,897. This level matches the swing highs recorded on January 13 and the Fibonacci 1.0 extension. Van de Poppe’s next target area at $1,951 overlaps with this area, giving the upside an upside of ~15% from the current price.
The invalidation is located at the 0.382 Fib level at $1.244, just below the Van de Poppe line of $1.40. A daily close below $1.40 would invalidate the bullish structure. The price is likely to fall towards the deeper support range between $1.20 and $1.25.
The catalyst remains NEAR Intents revenue. With the Fee Switch activated and the volume on the chain rising, close It offers a rare combination of bullish chart structure and fundamental growth. A clear break above $1.90 will confirm the next stop.
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