Near Protocol (NEAR), Shiba Inu (SHIB), Chainlink (LINK) and Ethereum (ETH) Price Analysis for October 29: Will the Market Dodge a Bullet?

Near Protocol trades close to $4.55 on the daily chart after one of the most powerful moves among large altcoins this year . The coin rose from approximately $1.80 in August to nearly $6.00 in mid-October. Since that peak, the price has dropped approximately 24%, but the fall has been orderly and controlled. The cyan and blue moving averages near $4.30 to $4.40 have caught the price twice in recent days, and buyers stepped in every time . All main averages still point up. The orange line near $3.60 and the black line near $2.90 sit far below the price, which means the bigger trend remains intact. The weakness is volume. It has diminished since the early October peak, and the last few candles show little buying power.

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