NEAR Jumps 135% in 30 Days to $5.16, Tests $5.50 Resistance
- —NEAR is up 135.1% in 30 days and 12.3% in a week, trading near $5.16
- —Weekly RSI around 75.5 is above the 70 overbought threshold
- —NEAR futures open interest stands near $1.63 billion
- —House of Stake proposal would cut annual issuance from 2.5% to 1.6%
Why it matters: Holding above $5.50 would confirm a reversal of the multi-year downtrend, while the issuance vote could ease supply pressure.
Source: crypto.news