Analyst Predictions and Market Update for NEAR, Bitcoin, Ethereum, and Dogecoin
The latest analysis indicates positive movements for some major cryptocurrencies. Here’s what you need to know:
Near Protocol (NEAR)
The Near Protocol is currently showing promising potential, according to analyst Bluntz.
- NEAR could surpass $9.01, marking a significant uptrend.
- Elliott Wave theory suggests two five-wave patterns on NEAR’s chart.
- The first pattern may conclude above $8.80.
- The second pattern might end around $9.53.
- NEAR is currently trading at $7.84.
Bitcoin and Ethereum
Bitcoin and Ethereum are also on an upward trajectory, as per Bluntz’s assessment:
- Both assets seem to have formed price floors and are poised for further growth.
- Corrective patterns on the 15-minute and one-hour timeframes suggest a positive outlook.
- Bitcoin is priced at $71,163, while Ethereum is at $3,645.
Dogecoin (DOGE)
Dogecoin, the popular memecoin, is showing signs of potential recovery:
- A three-wave corrective pattern on the 30-minute chart indicates a possible end to the downtrend.
- DOGE is currently trading at $0.189.
Hot Take: Opportunities Ahead for NEAR, Bitcoin, Ethereum, and Dogecoin
Stay tuned and keep an eye on these cryptocurrencies as they gear up for positive movements in the market.
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