The market is red and many cryptos are correcting. Erik Known Crypto, a famous Youtube Channel, draws attention to 4 different altcoin projects such as Fantom, Harmoy, Cosmos and Near Protocol, which show relative strength in this market, especially while the majority of the market is correcting very heavily. we too cryptocoin.com We have compiled the analyst’s posts for our readers.
Cosmos, FTM, ONE and NEAR analysis
Phantom (FTM)
FTM is currently trading at $2.43 at press time. According to the analyst, his new optimization is still the same at any close above its current state of about $3.2. The analyst thinks the next target is $5.
Harmony (ONE)
The analyst states that ONE is testing the ATHs and recording another higher low around $0.055. Investors can wait for the next low until it breaks above $0.23 for a long-term bullish move.
After this initial rebound, the daily RSI will return fully to the bullish control zone and any daily close above $0.033 is close to an upside divergence. According to the analyst, the previous wick could see another retest of ATH at $0.4 and then head towards the extension. The analyst thinks this will be a really strong price move.
Cosmos (ATOM)
According to the analyst, the next short-term daily target will be 50. “There is massive confirmation and it will be below $32,” he says, noting that traders are looking for this target to side trade higher lows implied along the way and double-check five-day stocks.
Near Protocol (NEAR)
“NEAR consistently rallies pretty strong,” he says, noting that this ascending triangle shows a daily break of $13.5. An ascending triangle formation at $16.6 will be confirmation and next targets. The analyst states that the next significant consolidation will be between $27 and $30.
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