Deep Dive
1. Technical Rebound (Mixed Impact)
Overview: RHEA’s RSI-7 hit 38.26 on October 13, signaling oversold territory. The price rebounded from the 23.6% Fibonacci retracement level ($0.045), aligning with historical support.
What this means: Short-term traders may have capitalized on oversold conditions, but the MACD histogram remains negative (-0.00000957), suggesting weak momentum. Resistance looms at the 7-day SMA ($0.0271).
What to look out for: Sustained closes above $0.03 could invalidate bearish pressure, while a drop below $0.027 (current pivot point) may reignite selling.
2. NEAR Ecosystem Momentum (Bullish)
Overview: NEAR’s TVL surged to $250M+ in August 2025, with RHEA capturing ~50% of its DeFi activity. Recent integrations (e.g., Pyth Network oracles) improved lending/borrowing infrastructure.
What this means: As NEAR’s flagship DeFi hub, RHEA benefits from cross-chain adoption and Bitcoin-native vaults. The 24h trading volume ($2.44M) aligns with mid-August levels, signaling renewed utility-driven demand.
3. Exchange Listings & Liquidity (Bullish)
Overview: Post-July 2025 listings on Binance Alpha, Bitget, and LBank expanded access. MYX Finance’s September 12 listing added 50x leverage trading, boosting speculative activity.
What this means: Improved liquidity (turnover ratio: 0.43) reduces slippage risks, attracting larger traders. However, only 20% of the 1B token supply circulates, leaving long-term dilution concerns.
Conclusion
RHEA’s rebound reflects technical buying and NEAR’s growing DeFi footprint, though macro bearish trends (-22.93% 30d) linger. Key watch: Can RHEA hold above $0.03 if NEAR’s TVL growth accelerates this week?