{"id":33684,"date":"2025-06-25T15:32:55","date_gmt":"2025-06-25T15:32:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=33684"},"modified":"2025-06-25T15:32:55","modified_gmt":"2025-06-25T15:32:55","slug":"near-protocol-plunges-4-before-staging-recovery-amid-market-volatility","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=33684","title":{"rendered":"NEAR Protocol Plunges 4% Before Staging Recovery Amid Market Volatility"},"content":{"rendered":"<div>\n<p>The cryptocurrency market turned green over the past 24 hours from 24 June 15:00 to 25 June 14:00, with the global market cap increasing by 2.2% to $3.37 trillion. <\/p>\n<p>NEAR Protocol showed resilience during this period despite experiencing sharp price swings, establishing support at $2.14-$2.16 with high-volume buying emerging at critical points. <\/p>\n<p>In a significant development for NEAR&#8217;s economic model, a proposal has been put forward to cut the protocol&#8217;s inflation rate from 5% to 2.5%. <\/p>\n<p>This strategic move aims to enhance long-term blockchain sustainability, potentially boost token value, and better align ecosystem incentives. The proposal is currently subject to validator voting through the end of July 2025, demonstrating NEAR&#8217;s commitment to decentralized governance.<\/p>\n<p><strong>Technical Analysis<\/strong><\/p>\n<ul>\n<li>NEAR-USD exhibited significant volatility during the 24-hour period from 24 June 15:00 to 25 June 14:00, with an overall range of $0.088 (4.0%).<\/li>\n<li>A sharp decline to $2.141 at 09:00 before recovering formed a key support zone around $2.14-$2.16.<\/li>\n<li>High-volume buying emerged at the 08:00-09:00 candles (volumes of 2.99M and 2.53M respectively, well above the 24-hour average).<\/li>\n<li>Resistance established near $2.22-$2.23 throughout the trading session.<\/li>\n<li>The 13:00 candle showed renewed bullish momentum with above-average volume (2.80M), suggesting potential continuation of the recovery trend.<\/li>\n<li>During the last 60 minutes from 25 June 13:06 to 14:05, NEAR-USD exhibited a bullish surge followed by a sharp correction.<\/li>\n<li>The price rallied from $2.17 to peak at $2.19 around 13:48-13:49, gaining approximately 1.2%.<\/li>\n<li>Notable volume spikes occurred during the uptrend (131,699 at 13:44) and during the correction (130,287 at 13:51).<\/li>\n<li>The price action formed a clear channel pattern with higher lows until the correction, suggesting continued consolidation.<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market turned green over the past 24 hours from 24 June 15:00 to 25 June 14:00, with the global market cap increasing by 2.2% to $3.37 trillion. NEAR Protocol showed resilience during this period despite experiencing sharp price swings, establishing support at $2.14-$2.16 with high-volume buying emerging at critical points. In a significant [&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-33684","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\/33684","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=33684"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33684\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}