NEAR Rose 178% in September, Then Closed at $4.69 on Oct. 2
The token opened September at $1.92 and closed the month at $5.34. Bitwise announced plans for its NEAR ETF to begin trading Sept. 29.
NEAR’s $5.34 close on Sept. 30 was about 178% above its $1.92 opening price on Sept. 1. It closed at $4.69 on Oct. 2.
The Oct. 2 close fell within a proposed chart-based support zone of $4.50 to $4.69. The range is an analytical level, not a confirmed price floor.
The technical analysis sets $6.40 as a threshold for higher targets between $8.30 and $10. Those levels describe a conditional chart scenario, not a forecast.
On Sept. 29, Bitwise announced plans for its NEAR ETF (NRR) to start trading on NYSE Arca that day. The fund is designed to provide spot exposure to NEAR, and Bitwise plans to stake the fund’s tokens in-house.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.