The market is in the 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 Kriptokoin.com compiled the analyst’s posts for our readers.
Cosmos, FTM, ONE and NEAR analysis
FTM currently 2.43 at press time traded in dollars. 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.
Analyst says ONE is testing ATHs and a higher low near $0.055 He says he has recorded more. Investors can wait for the next low until it breaks above $0.23 for a long-term bullish move.
The daily RSI will return fully to the bullish control zone after this initial rebound, 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.
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 is consistently making pretty strong rallies,” said the analyst. He states that it shows that it has risen to $ 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.