Cryptocurrency expert and technical analyst Michael van de Poppe believes that Altcoyin NEAR could see a sharp rise in the near future. He believes token The first-layer protocol NEAR has entered the final stages of consolidation.
The expert believes that from the point of view of fundamental analysis, NEAR has almost completed a figure called a "double bottom". As a rule, it indicates the imminent growth of the coin.
Michael van de Poppe is confident that the best time for investors and traders to accumulate NEAR has arrived. He added that the coin also has the potential for big growth XRP . Over the past few months Altcoyin added 500%.
At the same time, Michael van de Poppe warned that there is a risk of a long consolidation of assets before their large-scale bullish rally begins.
According to him, the current situation on the crypto market is uncertain, which is due to the US macroeconomic policy, which is causing trade conflicts to flare up in the world.
In general, the expert believes that altcoins can show good growth dynamics, despite the fall of Bitcoin and other major crypto assets.
