{"id":35089,"date":"2025-07-03T17:16:51","date_gmt":"2025-07-03T17:16:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35089"},"modified":"2025-07-03T17:16:51","modified_gmt":"2025-07-03T17:16:51","slug":"near-protocol-surges-10-before-profit-taking-halts-rally","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35089","title":{"rendered":"NEAR Protocol Surges 10% Before Profit-Taking Halts Rally"},"content":{"rendered":"<div>\n<p>AI-focused NEAR token halted its 10% rally on Thursday as traders began to take profits from a rally that was spurred by Bitwise&#8217;s announcement that it is launching a NEAR exchange traded product (ETP) in Germany.<\/p>\n<p>&#8220;The NEAR Staking ETP on Xetra opens a new bridge to NEAR for institutions by providing a regulated, exchange-traded way to earn staking rewards,&#8221; Illia Polosukhin told CoinDesk. &#8220;Investors gain compliant access to the NEAR ecosystem and user-owned AI without needing to handle private keys or node operations, and with full price transparency.\u201d<\/p>\n<p>The token has now established a key level of support at $2.26 as it looks to consolidate before continuing to the upside.<\/p>\n<p><strong>Technical analysis<\/strong><\/p>\n<ul>\n<li>NEAR established strong support at $2.26 with above-average volume during the 24-hour period from 2 July 16:00 to 3 July 15:00.<\/li>\n<li>Price broke through the $2.30 resistance level in the early hours of 3 July, reaching a new high at $2.36 during the 08:00 hour with substantial volume confirmation.<\/li>\n<li>The 23.6% Fibonacci retracement level provided support during the profit-taking phase, suggesting the underlying uptrend remains intact.<\/li>\n<li>During the 60-minute period from 3 July 14:50 to 15:49, NEAR experienced a steep sell-off at 15:04-15:07, where volume spiked to over 310,000 units.<\/li>\n<li>A new support zone has been established between $2.26-$2.27, with the closing price of $2.26 suggesting continued bearish pressure in the short term. <\/li>\n<\/ul>\n<p><strong>CoinDesk 20 Index Jumps 2% Before Late Session Selloff<\/strong> <\/p>\n<p>Over the last 24 hours from 3 July 15:00 to 2 July 16:00, CD20 exhibited significant volatility with an overall range of $37.27 (2.11%), reaching a peak of $1,811.11 during the 14:00 hour on 3 July before sharply retracing to $1,791.50 by session close. <\/p>\n<p>The asset demonstrated remarkable strength during the mid-session rally, gaining over $21 (1.18%) from its overnight low of $1,778.85, with particularly aggressive buying momentum observed during the 09:00 and 13:00 hours that suggests institutional accumulation despite the late session profit-taking.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>AI-focused NEAR token halted its 10% rally on Thursday as traders began to take profits from a rally that was spurred by Bitwise&#8217;s announcement that it is launching a NEAR exchange traded product (ETP) in Germany. &#8220;The NEAR Staking ETP on Xetra opens a new bridge to NEAR for institutions by providing a regulated, exchange-traded [&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-35089","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\/35089","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=35089"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35089\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}