NEAR Holds Above All EMAs Near $5.31 as RSI Nears Overbought at 69
- —NEAR at $5.31 sits above EMA20, EMA50 and EMA200 on all three timeframes
- —Daily RSI climbed to 69.0 while the MACD histogram stays negative
- —NEAR Intents recovered the full $3.8 million stolen on October 1 within 48 hours
- —DEX volume across the NEAR blockchain reached about $134.1 million in 24 hours
Why it matters: NEAR's strength above every EMA while the market pulls back signals idiosyncratic demand, but an RSI near overbought limits near-term upside.
Source: The Cryptonomist