A widely followed analyst and trader is offering his prediction on three crypto assets amid a slight bump in the markets.
Starting with the layer-one blockchain Near Protocol (NEAR), the analyst pseudonymously known as Bluntz tells his 251,200 subscribers on the social media platform X that the Ethereum (ETH) rival could rise above $9.01, the 22-month high last reached a little over a week ago.
“Will NEAR be the first Layer-1 in the top-50 (by market cap) back to fresh 2024 highs? I think the answer to that will be a resounding yes.”
According to the analyst who regularly uses the Elliott Wave theory in his technical analysis, two five-wave patterns are playing out on the four-hour chart of NEAR. The Elliott Wave theory states that the main trend of the price of an asset moves in a five-wave pattern while a correction occurs in a three-wave pattern.
Based on Bluntz’s chart, one of the five-wave patterns could complete at above the $8.80 price while the second one cou
We współpracy z: https://dailyhodl.com/2024/03/28/top-analyst-says-blue-chip-ethereum-rival-eyeing-fresh-2024-highs-updates-outlook-on-bitcoin-and-dogecoin/
