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

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

Photo: U.Today

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.

Source: U.Today

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