NEAR: ZEC Correlation Signals $4.50-5.00 Move
NEAR at $2.35 eyes $4.50-5.00 as ZEC posts new all-time high on near 1:1 correlation, with 4h chart showing EMA50 support at $2.04 and MACD golden cross.
SourceAnalysis
Michaël van de Poppe flagged the near-perfect correlation between NEAR and ZEC, with the latter already printing a fresh all-time high and positioning NEAR for an imminent leg higher toward the $4.50-5.00 zone. Over the past year that linkage has remained tight, turning ZEC’s breakout into a leading indicator for NEAR price prediction models. On the 4h chart NEAR trades at $2.35 inside a bullish structure where the EMA50 at $2.04 and EMA200 at $1.87 function as stacked support; the MACD golden cross at 0.11 keeps trend strength intact while RSI at 67.09 stays neutral, leaving price with clear room to the upper Bollinger band at $2.44 before any healthy pullback materializes.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast