Biggest Movers:  Near Surges 22% on Saturday, as SOL, AXS Move Higher

NEAR has risen by implicit 20% during today’s session, pushing prices to their highest level since precocious January. AXS besides rebounded connected Saturday, pursuing a $640 cardinal hack, which sent its terms down this week.

NEAR Protocol (NEAR)

NEAR was undoubtedly 1 of the biggest gainers successful crypto markets to commencement the weekend, arsenic its terms gained by much than 20% connected the day.

Following a debased of $13.08 connected Friday, NEAR/USD rallied to a highest of $16.23 successful today’s session, arsenic prices were astir 22% higher.

Today’s highest is the highest level NEAR has traded since January 20, and has helped cement it arsenic the world’s nineteenth largest cryptocurrency, up of DAI.

NEAR/USD – Daily Chart

The determination besides came arsenic terms spot surged connected the day, with the 14-day RSI indicator present tracking astatine 70.80.

Looking astatine the chart, this is the astir terms spot has deed since December 27, erstwhile prices were ironically astatine the aforesaid level they are now.

In that lawsuit we saw NEAR spell connected to deed highs of $20, and immoderate bulls volition apt look astatine that erstwhile deciding whether oregon not to clasp onto existing positions.

Solana (SOL)

Following a debased astir $60 this week, AXS is up by astir 13% connected Saturday, aft hitting a precocious of $74.87.

However, this is not today’s second-biggest mover, that grant volition spell to SOL, which has present risen for a sixth consecutive session.

This week’s gains mean that SOL is present trading adjacent to 37% higher from Monday’s debased of $105.

SOL/USD – Daily Chart

As of writing, SOL/USD deed an intraday precocious of $138.26 to commencement the weekend, which is its highest constituent since January 18.

SOL has besides climbed to fertile arsenic the sixth largest cryptocurrency successful the world, aft battling with LUNA for the eighth presumption to commencement the week.

The 14-day RSI does, however, amusement that prices are present overbought, which could derail further rises successful price, arsenic we attack the $145 resistance.

Will SOL beryllium capable to marque it to $145 contempt already being overbought? Let america cognize your thoughts successful the comments.

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