NEAR reaches 20-month high as analysts weigh in on price outlook

NEAR surged 25% to approximately $3.60, marking its highest price since early 2025. The rally follows the integration of perpetual futures trading powered by Hyperliquid. While analysts like Michael van de Poppe view the chart as bullish with a $5 target, others warn of a potential correction, noting that the Relative Strength Index has reached an overbought level of 82 and exchange netflows indicate increased inflows.