$NEAR GOES LIVE ON SOLANA, BUT THE PRICE IS ALREADY DOWN 5% FROM THE DAILY HIGH: PROFIT-TAKING OR A BREATHER? 🤔📉
Sunrise and NEAR Intents launched liquid markets for NEAR Intents assets on Solana, and the coin managed to gain 12% in 24 hours 🚀 About $11.4 million was traded there on the first day, with net inflows of $819,000, while NEAR Intents revenue rose to $163,000, its highest level in three months. NEAR ETFs added another $1.13 million.
But the chart tells a different story: the price is at 5.056 today, after touching 5.44 🔻 It returned to the Bollinger middle line (5.063) and fell below EMA 7 (5.113), while MACD is below the signal line. The daily low of 4.921 coincided with the 0.236 Fibonacci level from 1.538 to 6.000 (4.947)
#Near #nearprotocol #solana #Crypto
Sunrise and NEAR Intents launched liquid markets for NEAR Intents assets on Solana, and the coin managed to gain 12% in 24 hours 🚀 About $11.4 million was traded there on the first day, with net inflows of $819,000, while NEAR Intents revenue rose to $163,000, its highest level in three months. NEAR ETFs added another $1.13 million.
But the chart tells a different story: the price is at 5.056 today, after touching 5.44 🔻 It returned to the Bollinger middle line (5.063) and fell below EMA 7 (5.113), while MACD is below the signal line. The daily low of 4.921 coincided with the 0.236 Fibonacci level from 1.538 to 6.000 (4.947)
#Near #nearprotocol #solana #Crypto