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Largest Movers: Saturday Surges 22% as SOL and AXS Move Higher

NEAR prices have risen more than 20% in today's session. This is the highest price since January. AXS saw a $640million hack that sent its price down on Saturday.

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Largest Movers: Saturday Surges 22% as SOL and AXS Move Higher

NEAR Protocol (NEAR).

NEAR was without doubt the crypto market's biggest gainer to begin the weekend. Its price increased by more than 20% during the day.

NEAR/USD rose to $16.23 today after a Friday low of $13.08, with prices nearly 22% higher.

Today's peak marks the highest NEAR traded level since January 20th, and has helped to cement it as the nineteenth-largest cryptocurrency in the world, just ahead of DAI.

This was also due to price strength rising on the day with the 14-day RSI indicator currently tracking at 70.80.

The chart shows that this is the highest price increase since December 27, which was ironically when prices were at the same level as now.

NEAR reached $20 in that case, which is something bulls will probably consider when deciding whether to keep their existing positions.

Solana (SOL)

After a week of a low at $60, AXS has risen by nearly 13% on Saturday after reaching a high of $74.87.

This isn't the second-biggest mover of today, but SOL will take that honor. SOL has risen for the sixth consecutive session.

SOL's trading volume is 37% higher than Monday's low of $105.

SOL/USD reached an intraday peak of $138.26 at the beginning of this weekend. This is its highest point since January 18.

After battling with LUNA to be the eighth position, SOL now ranks as the sixth-largest cryptocurrency in the world.

However, the 14-day RSI shows that prices are currently overbought. This could prevent further price rises as we approach $145 resistance.


 

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