Alt Coin

Top Crypto Analyst Predicts Big Move for Ethereum Rival NEAR, Says One Altcoin Following AVAX’s Explosive Rally

A carefully adopted crypto strategist and dealer says {that a} massive transfer is on the horizon for Ethereum competitor Near whereas evaluating one altcoin’s market construction to the explosive price motion of Avalanche (AVAX).

Pseudonymous crypto analyst Cantering Clark tells his 99,100 Twitter followers that Near, a developer-focused blockchain designed for scalability and stability, is gearing as much as take out its speedy resistance and ignite a transfer to the upside.

“Retest of prior vary and ATH (all-time excessive). 

Inside worth of prior weekly pattern and holding weekly + day by day vwaps (volume-weighted common price). 

In my opinion, the very last thing for NEAR to do is break this descending diagonal resistance and present week VAH (quantity space excessive) and the subsequent massive transfer occurs quick.


Source: Cantering Clark/Twitter

Should the breakout happen, Cantering Clark predicts that NEAR will rally by at the very least 40% from its present price of $14.19.

“See yah at 20+ soon, though apparently, that is selling this early. I was told FXS goes to 100, NEAR goes to 50.”

The crypto analyst can be bullish on Harmony (ONE), a blockchain centered on powering a decentralized financial system. According to Cantering Clark, ONE’s market construction resembles Avalanche’s price motion earlier than it exploded practically 140% from $59 to $140.

“I knew this ONE retest reminded me of a prior similar structure. In this case, it was AVAX. Loss and recovery of prior weekly contextual level, quarterly VWAP, and 20-day moving average. Adding.”

Source: Cantering Clark/Twitter

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Featured Image: Shutterstock/klyaksun/Vladimir Sazonov

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