Markets· ★★★· neutral·

NEAR Surges 123% Above 200-Day EMA as RSI at 83 Signals Overbought Risk

  • NEAR closed at $4.35, about 123% above its 200-day EMA of $1.95
  • Daily RSI14 reads 82.92, deep in overbought territory
  • NEAR Intents protocol fees rose 128.43% in 24 hours
  • Fear & Greed Index stands at 78, signaling Extreme Greed
Why it matters: An extreme RSI and price pinned near the upper Bollinger Band raise the risk of a sharp correction after the vertical move.
Source: The Cryptonomist