Near Protocol (NEAR), Chainlink (LINK), Zcash (ZEC) and Ethereum (ETH) Price Analysis for October 26: Reversal Pushes Market to the Limit

NEAR is dropping after a very strong run. The price trades near $4.43 after falling from a high near $6.00 earlier in October. The coin failed several times to hold above $5.00, and the latest red candles show that sellers are in control for now. Even so, NEAR remains far above the $1.80 area where it traded in early September, so the bigger trend stays positive. The price has now dropped to the 50-day average, which sits near $4.28. This level helped the market climb during the rally, and buyers are now defending it. The latest candle has a long lower shadow , which indicates that some investors bought the dip. This is a good first signal, but one candle is not enough to call a bottom.

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