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THETA reaches a three-month high, while Near rises 17% on Friday.

On Friday, theta network reached its highest level in three months, as prices pushed through a crucial barrier level. Today’s move comes after crypto markets rose for the most part throughout the day, increasing 2.86 percent as of writing. Near protocol increased by 17%, setting multi-month highs.

The Theta Network (THETA)
Theta network (THETA) was a big gainer on Friday, with prices rising roughly 16 percent in today’s session.

The coin reached an intraday high of $1.65 on Friday, less than 24 hours after trading at a low of $1.37.

THETA/USD has risen to its highest level since May 11, when it reached a high of $1.84.

THETA reaches a three-month high, while Near rises 17% on Friday.

According to the chart, the rise occurred when THETA broke clear of its important resistance level at $1.57, which was reached two days ago.

This occurs as the relative strength index (RSI) surged beyond its own ceiling of 62, and is now tracking at 65.30.

This is the strongest moment in price strength since April, and it occurs when THETA enters overbought territory.

As a consequence, bears may attempt to re-enter the market in the coming sessions.

Proximity Protocol (NEAR)
On Friday, Near protocol (NEAR) was trading even higher than THETA, with the token rising by as much as 17%.

Following a low of $4.33 on Thursday, NEAR/USD soared to a high of $5.19 earlier in the day.

This high, like THETA, occurred when near protocol broke through its long-term resistance level of $4.80.

THETA reaches a three-month high, while Near rises 17% on Friday.

This ceiling has been maintained since June 10, when the market began a five-day negative trend that dropped the price to a low of $3.11.

Since recovering from those falls, the 14-day RSI has risen from a low of 36.51 on June 14 to 68.

As a consequence, prices have become overbought, while bulls remain eager to push further higher, with a $5.55 ceiling in sight.

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