Near Protocol (NEAR), Zcash (ZEC), Dogecoin (DOGE) and Ethereum (ETH) Price Analysis for October 22: Unexpected Wave of Bullishness

NEAR is trading near $5.25 after a green daily candle that closed above the current range. The coin has been one of the strongest names in the market. It rose from about $1.60 in August to a high near $6.00 in early October, a gain of more than 270%. After that peak, the price pulled back to $4.30 and has since moved sideways between $4.60 and $5.60. This is a healthy pause after such a rapid rise. Importantly, NEAR never lost its 20-day EMA, which sits near $4.80 and has acted as support on every dip. The longer averages are far below the price. The 50 EMA is near $4.20, the 100 EMA near $3.40, and the 200 EMA near $2.75.

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