{"id":31583,"date":"2025-06-12T15:35:01","date_gmt":"2025-06-12T15:35:01","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=31583"},"modified":"2025-06-12T15:35:01","modified_gmt":"2025-06-12T15:35:01","slug":"near-protocol-plunges-9-as-volatility-spikes-despite-user-growth","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=31583","title":{"rendered":"NEAR Protocol Plunges 9% as Volatility Spikes Despite User Growth"},"content":{"rendered":"<div>\n<p>The NEAR Protocol token is navigating through a period of heightened volatility, showing a clear downtrend with strong resistance at $2.730 and support emerging at $2.445. <\/p>\n<p>Recent price action indicates modest recovery from lows but remains below key resistance levels, suggesting continued bearish sentiment despite entering a slight consolidation phase. <\/p>\n<p>This technical pressure comes at a time when NEAR&#8217;s network fundamentals show remarkable growth, having surpassed Ethereum, Binance Chain, and Tron in monthly active users.<\/p>\n<p><strong>Technical analysis<\/strong><\/p>\n<ul>\n<li>NEAR-USD dropped 8.6% from $2.696 to $2.492 over the analyzed period, showing clear downward pressure.<\/li>\n<li>Significant volume spikes occurred during key sell-offs at 17:00 on June 11 and 08:00 on June 12, both coinciding with price breakdowns.<\/li>\n<li>Strong resistance has formed at $2.730, while support emerged at $2.445 with high volume, suggesting potential stabilization.<\/li>\n<li>Recent hourly data shows a 0.7% recovery from a local bottom of $2.476, supported by volume spikes at 13:38, 13:54, and 14:01.<\/li>\n<li>Price formed an ascending channel with support at $2.481 and resistance at $2.495, though NEAR remains below key resistance levels. <\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The NEAR Protocol token is navigating through a period of heightened volatility, showing a clear downtrend with strong resistance at $2.730 and support emerging at $2.445. Recent price action indicates modest recovery from lows but remains below key resistance levels, suggesting continued bearish sentiment despite entering a slight consolidation phase. This technical pressure comes at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-31583","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31583"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31583\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}