A closely followed crypto analyst says that while comparing the market structure of an altcoin project to the paddling price action of Avalanche (AVAX), there is a big move on the horizon for Ethereum rival Near. Let’s take a look at the technical analysis of analyst Cantering Clark, which we compiled as Kriptokoin.com .
Cantering Clark shares why he expects bulls from NEAR
crypto analyst nicknamed Cantering Clark to overcome the resistance of Near, a developer-focused blockchain designed for scalability and stability and says it’s poised to ignite an upward move. The analyst details and interprets the price action with the following technical charts:
I think the last thing NEAR will do is break this descending cross resistance and the current week’s VAH (volume area high) and the next big move is fast.
If the breakout occurs, Cantering Clark predicts NEAR will rise at least 40% from its current $14.19 price:
See you above $20, but apparently They sell early. FXS could reach $100, NEAR could reach $50.
Analyst We take a look at another altcoin project
The crypto analyst is also optimistic about Harmony (ONE), a Blockchain focused on empowering a decentralized According to Cantering Clark, ONE’s market structure is reminiscent of Avalanche’s price action before it paddled approximately 140% from $59 to $140. The analyst shares the following technical charts for the ONE:
The retest of the ONE reminds me of a similar build from earlier. This is Avalanche (AVAX). Loss and recovery of the previous weekly contextual level, quarterly VWAP, and 20-day movementollary mean are complete. I am adding.
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