A crypto analyst known for accurate altcoin predictions believes that Near (NEAR), a competitor to Ethereum, is poised for a major price surge.
NEAR Following Sui’s Explosive Rally
The analyst, known as Bluntz, shared his analysis on X, a social media platform, pointing out that NEAR has broken through a key resistance level on its three-day chart. This pattern, known as a falling wedge, is often seen as a bullish signal, indicating that buyers are stepping in to drive the price higher.
Bluntz compares NEAR’s current trajectory to Sui (SUI), another layer-1 protocol that has seen a massive 120% price increase this month. He believes that NEAR is now ready to follow suit.
Dogwifhat (WIF) Also on the Rise
The analyst is also bullish on dogwifhat (WIF), a memecoin built on the Solana blockchain. He believes that WIF has broken through a long-term resistance level and is ready for another significant price increase.
Disclaimer
Remember, this is just one analyst’s opinion. Always do your own research before investing in cryptocurrencies. The crypto market is highly volatile and can be risky.
