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Top Analyst Says Ethereum Rival Coming in Hot, Sees Altcoin Mirroring Sui’s Explosive Rally

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A crypto strategist closely followed for well-timed altcoin predictions thinks one Ethereum (ETH) challenger is ripe to ignite big upside bursts. Pseudonymous analyst Bluntz tells his 275,500 followers on the social media platform X that Near (NEAR) has taken out the diagonal resistance of a falling wedge pattern on the three-day chart. A falling wedge structure is viewed as a bullish reversal signal as it suggests that buyers are stepping in to decrease the rate of an asset’s price decline. Says Bluntz, “Three-day candle about to close and NEAR has a beautiful trend break now.” Source: Bluntz/X Zooming in, Bluntz says NEAR appears to be following in the footsteps of fellow layer-1 protocol Sui (SUI), an altcoin that has printed gains of about 120% this month. “NEAR finally coming in hot with a channel breakout. In environments like these, they usually indicate a huge breakout move is underway.” Source: Bluntz/X At time of writ...

Cryptocurrency: Top 3 AI Coins To Buy For 2X Profit

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With the AI coin cryptocurrency market cap currently standing at $38.4 billion and experiencing a 2.35% increase, investors are eagerly searching for the next big opportunities in this rapidly growing sector. Among the many contenders, three coins have emerged as top picks for potential 2X profits: Near Protocol (NEAR), The Graph ( GRT ), and Theta Network (THETA). Near Protocol (NEAR)  Source – CryptoSlate Near Protocol, a scalable and developer-friendly blockchain platform, has been making significant strides in the AI space. At the time of writing, NEAR is trading at $6.91, having surged by 10.09% in the last 24 hours. The coin’s 24-hour low and high stand at $4.32 and $8.08, respectively, indicating strong upward momentum. Despite the current price being 66.24% lower than its all-time high of $20.42, reached on January 17, 2022, many investors believe that Near Protocol’s focus on AI and its robust ecosystem have positioned it for significant growth. in the ...