Fantom (Migrated to Sonic)

Solana

NEAR Protocol

The post<a href="https://cryptosnewss.com/analyst-predicts-dogecoin-could-reach-new-all-time-high/" rel="noopener noreferrer nofollow"> </a><a href="https://cryptosnewss.com/crypto-analyst-bullish-on-fantom-and-near-protocol-analyst-sees-growth-ahead/" rel="noopener noreferrer nofollow">Crypto Analyst Bullish on Fantom and Near Protocol: Analyst Sees Growth Ahead</a> appeared first on<a href="https://cryptosnewss.com/" rel="noopener noreferrer nofollow"> Cryptos Newss</a>.A widely followed crypto analyst thinks one <a href="https://cryptosnewss.com/299-achievable-for-solana-key-data-points-to-know/" rel="noopener noreferrer nofollow">Solana (</a>SOL) challenger is gearing up for more rounds of upside bursts.Pseudonymous analyst Altcoin Sherpa tells his 232,200 followers on the social media platform X that Sei (SEI) looks bullish after breaking out of a rounding bottom pattern on the weekly chart.A rounding bottom formation is a bullish reversal structure suggesting that an asset is ready to witness a new uptrend.Says Altcoin Sherpa,“Fundamentals-wise, I think there needs to be a bit more built on there for people to gamble on but all in all, it looks really good for higher. Grabbing a bag a bit lower if it comes. Something like $0.60 would be a decent entry in my opinion.”Another altcoin on the trader’s radar is the smart contract platform Fantom (FTM). According to the crypto strategist, FTM looks solid for long-term investors given its strong fundamentals. He also says the coin looks bullish after breaking out from a multi-month accumulation period.“FTM: there’s a lot to like with this chart and project IMO (in my opinion):-Andre [Cronje] cracked dev-high float/not as much sell pressure from VCs (venture capitalists)-Sonic rebrand coming that hits all the narratives-chart-wise, almost a two-year accumulation period followed by some big moves and clean levels.I’m in.Don’t really recommend you buy at this current level, to be frank, but I think that buying any dips is a good thing. Still believe that this is a pretty decent one to hold if you’re looking for older 2021 movers that have high float/supply out (others like AVAX might be considered).”Based on the trader’s chart, he seems to suggest that FTM is facing one big resistance level at $1.10.At time of writing, FTM is trading at $1.00.Looking at fellow layer-1 (L1) protocol Near (NEAR), the trader shares a chart suggesting that the altcoin may target its resistance at $8.29 after moving above $6.50.“NEAR has pretty slow grinding price action and isn’t really a great active trade right now. That said, I do think that this hits a lot of narratives for this cycle in terms of AI (artificial intelligence) and L1. Would like to see more growth on there / more degen stuff but I do have a bag of this.”NEAR is trading at $6.97 at time of writing.The post <a href="https://cryptosnewss.com/crypto-analyst-bullish-on-fantom-and-near-protocol-analyst-sees-growth-ahead/" rel="noopener noreferrer nofollow">Crypto Analyst Bullish on Fantom and Near Protocol: Analyst Sees Growth Ahead</a> appeared first on <a href="https://cryptosnewss.com/" rel="noopener noreferrer nofollow">Cryptos Newss</a>.

Crypto Analyst Bullish on Fantom and Near Protocol: Analyst Sees Growth Ahead

Cryptos Newss

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