NEAR: Trader Backs ZK-Proofs Over Privacy Coins
NEAR at $2.4 draws Michaël van de Poppe bets as ZK-proofs privacy roadmap counters Europe regulatory crackdowns on coins like Zcash.
SourceAnalysis
Michaël van de Poppe is betting big on $NEAR because governments will keep targeting fully anonymous on-chain activity while ZK-proofs can embed privacy into every protocol without triggering outright bans.
Price action on the 4h chart shows NEAR holding a bullish structure above the EMA50 at $2.0 and EMA200 at $1.64, yet the MACD death cross at 0.16 signals fading momentum; with the token trading inside the Bollinger Bands near the $2.58 upper resistance and RSI at 66.26, a healthy pullback toward the $2.0 EMA50 support looks probable before any continuation higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast