Expert Predicts Ethereum Competitor Poised for Record Highs in 2024, Offers Insights on Bitcoin and Dogecoin
A prominent analyst and trader shares insights on three cryptocurrencies amidst a market uptick.
Known as Bluntz, the analyst predicts that Near Protocol (NEAR), a prominent Ethereum competitor, could surge above its recent 22-month high of $9.01, based on Elliott Wave theory and current chart patterns. Bluntz suggests that NEAR might be the first Layer-1 cryptocurrency in the top 50 by market capitalization to reach new highs in 2024.
Additionally, Bluntz notes positive indicators for Dogecoin (DOGE), highlighting the completion of a corrective pattern on the 30-minute chart, hinting at a potential end to the downtrend. As of the latest update, Bitcoin is trading at $71,163, Ethereum at $3,645, and DOGE at $0.189.
Clever Robot News Desk 29th March 2024
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