An experienced crypto trader, Ethereum (ETH) competitor Near Protocol He believes that the price will experience a rapid rise.
The trader, known by the nickname Bluntz, attracted attention with a chart sharing that showed that the smart contract platform NEAR Protocol (NEAR) could exceed the $ 10.50 range.
NEAR was trading at $6.67 at the time of writing. The 23rd ranked cryptocurrency by market value has increased by approximately 7% in the last 24 hours.
Bluntz also highlighted the Solana (SOL)-based ecosystem altcoins. Oracle solution Pyth Network (PYTH), decentralized finance (DeFi) protocol Jito (JTO), and decentralized exchange (DEX) aggregator Jupiter (JUP) lead this list. The analyst noted that all three “look great” right now.
PYTH is trading at $0.877 at the time of writing. The 89th-ranked crypto asset by market cap is up more than 4% in the last 24 hours.
JTO, the 159th ranked crypto asset, is currently trading at $5.11 and is up more than 19% in the past day.
JUP is trading at $1.68 at the time of writing. The 55th-ranked crypto asset has also witnessed strong gains recently, rising more than 11% in the last 24 hours.
Bluntz also expects an overall recovery in the market.
“There is no rise in weekly, monthly or quarterly candles. “When enough degens are cleared, we will come back very hard.”
