Crypto Analyst Bullish on Near (NEAR) and Solana (SOL) altcoins

NEAR Breaks Falling Wedge Pattern, Potential for Big Gains

The crypto market is abuzz with excitement as popular crypto strategist Bluntz predicts a bullish trend for NEAR, an Ethereum challenger. Bluntz, known for his accurate altcoin predictions, highlights NEAR’s recent breakout from a falling wedge pattern on the three-day chart. This pattern usually indicates a potential reversal in the asset’s price decline, signaling a bullish trend ahead. With NEAR’s current price at $5.38, showing over a 5% increase in the past day, investors are keeping a close eye on this promising altcoin.

NEAR Following Sui’s Footsteps, Solana-based WIF on the Rise

Bluntz points out similarities between NEAR and Sui, another layer-1 protocol that has seen significant gains recently. With NEAR showing a channel breakout, investors are anticipating a major upward movement in the near future. Additionally, Bluntz is optimistic about the Solana-based memecoin WIF, which has broken above a multi-month resistance level. With WIF currently trading at $2.01, well above its diagonal resistance, traders are gearing up for potential profits in the coming days.

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Featured Image: Shutterstock/Elena Abrazhevich/INelson