
NEAR Breaks Falling Wedge Backed by Zcash Usage, Eyes $6
- —NEAR cleared the falling wedge's upper resistance in September and rallied to $4.80
- —The $4.34 level is key support, with upside targets at $5.0 and $6.0
- —A breakdown would shift focus to the $3.30–3.70 support zone
- —NEAR Intents has processed more than $2.4 billion in ZEC across 30+ chains
Why it matters: The wedge breakout and growing Zcash transfer utility could revive interest in NEAR, but the bullish case hinges on holding $4.34.
Source: Coinpedia