{"id":32320,"date":"2025-06-17T17:31:52","date_gmt":"2025-06-17T17:31:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=32320"},"modified":"2025-06-17T17:31:52","modified_gmt":"2025-06-17T17:31:52","slug":"near-plunges-8-as-middle-east-tensions-rattle-crypto-markets","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=32320","title":{"rendered":"NEAR Plunges 8% as Middle East Tensions Rattle Crypto Markets"},"content":{"rendered":"<div>\n<p>Escalating tension in the Middle East between Iran and Israel continues to ripple through the cryptocurrency market, prompting significant downside for a number of altcoins.<\/p>\n<p>Despite NEAR Protocol&#8217;s impressive milestone of reaching 46 million monthly users, the token has struggled to maintain price stability in the current geopolitical climate. <\/p>\n<p>It currently trades at $2.11 after falling from a high of falling from $2.38.<\/p>\n<p><strong>Technical Analysis<\/strong><\/p>\n<ul>\n<li>NEAR experienced a significant correction, falling from $2.387 to $2.189, representing an 8.29% decline.<\/li>\n<li>A notable volume spike occurred during the 22:00-00:00 hours when prices broke below the $2.30 support level.<\/li>\n<li>Trading volume exceeded 6.5 million in a single hour\u2014nearly triple the 24-hour average.<\/li>\n<li>Price action formed a descending channel with resistance at $2.29 and support at $2.19.<\/li>\n<li>Recent consolidation has occurred near the lower boundary of the channel. \u2022 High-volume selling pressure suggests further downside risk.<\/li>\n<li>Modest recovery from $2.189 indicates potential stabilization if buyers defend current support.<\/li>\n<li>In the last hour, NEAR showed significant volatility, rising from $2.200 to $2.218 before correcting to $2.199.<\/li>\n<li>A clear bullish channel formed between 13:05-13:35, gaining 8.5% with notable volume spikes.<\/li>\n<li>Strong rejection at the $2.218 resistance level led to a rapid sell-off between 13:41-13:44.<\/li>\n<li>Sell-off volume exceeded 100,000 units, confirming the bearish reversal.<\/li>\n<li>New support established at $2.198, aligning with the lower boundary of the descending channel.<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Escalating tension in the Middle East between Iran and Israel continues to ripple through the cryptocurrency market, prompting significant downside for a number of altcoins. Despite NEAR Protocol&#8217;s impressive milestone of reaching 46 million monthly users, the token has struggled to maintain price stability in the current geopolitical climate. It currently trades at $2.11 after [&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-32320","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\/32320","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=32320"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32320\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}