{"id":34832,"date":"2025-07-02T15:47:00","date_gmt":"2025-07-02T15:47:00","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=34832"},"modified":"2025-07-02T15:47:00","modified_gmt":"2025-07-02T15:47:00","slug":"near-protocol-surges-8-as-bitwise-launches-new-staking-etp","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=34832","title":{"rendered":"NEAR Protocol Surges 8% as Bitwise Launches New Staking ETP"},"content":{"rendered":"<div>\n<p>AI-focused NEAR token rose by 7.6% on Wednesday following an announcement from fund manager Bitwise on a NEAR staking exchange-traded product (ETP).<\/p>\n<p>NEAR climbed from $2.09 to $2.13 between July 1-2, with a decisive breakout reaching $2.18 on high trading volume. This performance comes on the back of the announcement that could spur institutional interest in NEAR.<\/p>\n<p><strong>Technical analysis<\/strong><\/p>\n<ul>\n<li>NEAR-USD exhibited a remarkable bullish reversal during the 24-hour period from 1 July 15:00 to 2 July 14:00, climbing from $2.09 to $2.13.<\/li>\n<li>A significant breakout occurred between 04:00-06:00 on 2 July when price surged to a peak of $2.18 on exceptionally high volume (4.56M and 3.76M respectively, far exceeding the 24-hour average).<\/li>\n<li>The overall range of $0.16 (7.6%) demonstrates strong buying momentum, with key support established at $2.02 and resistance at $2.17.<\/li>\n<li>Price consolidation above $2.11 in the final hours suggests the formation of a new support level that could serve as a foundation for further upside movement.<\/li>\n<li>In the last 60 minutes from 2 July 13:06 to 14:05, NEAR-USD exhibited notable volatility with a significant price surge between 13:40-13:48, reaching a peak of $2.15 before experiencing a sharp correction to $2.13.<\/li>\n<li>The price action formed a clear resistance level at $2.15 and support at $2.13, with volume spikes (131,013 units at 13:48) confirming the strength of the upward movement.<\/li>\n<li>The final consolidation around $2.14 suggests a potential new support level forming, with the closing price of $2.14 representing a 0.5% gain over the hour despite the mid-period pullback.<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>AI-focused NEAR token rose by 7.6% on Wednesday following an announcement from fund manager Bitwise on a NEAR staking exchange-traded product (ETP). NEAR climbed from $2.09 to $2.13 between July 1-2, with a decisive breakout reaching $2.18 on high trading volume. This performance comes on the back of the announcement that could spur institutional interest [&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-34832","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\/34832","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=34832"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34832\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}