July 11, 2025
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Near Protocol Gains 5% Amid Surge in Trading Volume

The Move ComESS As Bitcoin ForMed A New Record High of $ 112,000.”, – WRITE: www.coindesk.com

The Move ComESS As Bitcoin ForMed A New Record High of $ 112,000.Updated Jul 10, 2025, 4:54 PM Publissed Jul 10, 2025, 4:54 PM

Near/USD (Coindesk Data)Near/USD (Coindesk Data)

What to Know:

  • Near Protocol Advanced 5.04% Durying The 23-Hour SESSION from JULY 9 AT 4:00 PM to JULY 10 AT 3:00 PM, RISING FROM $ 2.26 to $ 2.38 Before Closing AT $ 2.34.
  • Trading Volume of 4.62 Million Units Durying Peak Hours Substantally Exceed The Daily Average of 1.73 Million, Establishing Technical Support at $ 2.29.
  • LATE-SESSION VALLATY FROM JULY 10 AT 2:58 PM to 3:57 PM Demonstrated Institute Profit-Taking Patterns Followed BY Strategic Buying, Indicating Continued Bullish.
Near Traders Are Demonstration Bullish Sentiment Over The Past 24 Hours, with The Token Advance from $ 2.26 to A SESION HIGH OF $ 2.38 Before Setting Near $ 2.34.

The $ 0.12 Trading Range Represented a notable 5.04% Gain, with Peak Activity Occurring Dringing The July 9 Substantial Participation and Establishing Technical Support at the $ 2.29 Level.

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The Move ComESS ALONGSIDE BITCOIN’S RECENT BREAK OF $ 112,000, A New Record High As the Industry Remains Patient for a Long-Awaited Altcoin Season.

Technical Indicators Analysis

  • Price Range of $ 0.12 Representing 5% Movement from $ 2.26 to $ 2.38 Peak.
  • Volume Surge to 4.62 Million Units Durying July 9 7:00 PM Hour, Exceeding 23-HOUR AVERAGE OF 1.73 Million.
  • Strong Technical Support Establissed at $ 2.29 Level.
  • New Support Zone FourED AROUND $ 2.34 Following Recovery.
  • Institute Profit-Taking Patterns Observed During 3: 41-3: 42 PM TimeFrame.
  • Strategic Buying Activity ConfirMed Underlying Bullish Sentiment.

Disclaimer: Parts of this Article Were Generated with the Assistance from Ai Tools and Review by Our Editorial Team to Enseure Accucy and Adherence to Our Standards. For more information, See Coindesk’s Full Ai Policy.

Oliver Knight

Oliver Knight is the Co-LEADER OF COINDESK DATA TOKENS AND DATA TEAM. Before joining coindesk in 2022 Oliver Spen Three Years As the Chief Reporter at Coin Riveet. He First Started Investing in Bitcoin in 2013 and Spen A Period of His Career Working at A Market Making Firm in the UK. He does not currently have any crypto holdings.

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Oliver Knight

CD Analytics

Coindesk Analytics is Coindesk’s Ai-Powered Tool that, with The Help of Human Reporters, Generates Market Data Analysis, PRICE MOVEMENT REPORTS Markets.

All Content Produced by Coindesk Analytics is Undergoes Human Editing by Coindesk’s Editorial Team Before Publication. The Tool Synthesizes Market Data and Information from Coindesk Data and Other Sources to Create Timely Market Reports, with All External Sources Clearly Attributed Within Each.

Coindesk Analytics Operates Under Coindesk’s AI Content Guidelines, WHICH PRIORITIZE Accuracy, Transparency, and Editorial Oversight. Learn more about Coindesk’s Approach to Ai-Generated Content In Our Ai Policy.

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