NEAR at $5 with daily RSI of 84.86: correction risk builds
- —NEAR trades at $5.01 with a daily RSI of 84.86, hugging the upper Bollinger Band at $5.06
- —Price sits above EMA20 ($3.45), EMA50 ($2.70) and EMA200 ($2.03), but far from slower averages
- —NEAR Intents fees dropped 42.05% over the week and 18.24% in 24 hours
- —Fear & Greed Index at 71, Bitcoin dominance at 58.8%
Why it matters: Overbought conditions alongside falling on-chain activity raise the risk of a sharp pullback toward the $4.61 support.
Source: The Cryptonomist (IT)