NEAR: $2B ZEC Volume Extends Bull Cycle Run
NEAR Protocol clears $2B ZEC volume and $65M confidential TVL at $2.31 price, with EMA50 support at $2.15 holding amid neutral RSI.
SourceAnalysis
NEAR protocol has processed more than $2 billion in ZEC volume through NEAR Intents while confidential TVL exceeds $65 million, extending the uptrend that began compounding at the start of the current bull cycle.
Price sits at $2.31 inside the Bollinger Bands with upper resistance at $2.46 and lower support at $2.16; the EMA50 at $2.15 and EMA200 at $1.92 continue to anchor the bullish structure even as MACD prints a death cross at 0.06 and RSI(14) holds neutral at 56.55, pointing to a measured pullback toward the 50-EMA before any fresh continuation higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast