A popular analyst and trader is providing insights on three cryptocurrencies during a recent market movement.
Starting with Near Protocol, the analyst, known as Bluntz, believes that the Ethereum competitor could surpass its recent high of $9.01 and reach new highs in 2024 based on the Elliott Wave theory.
Bluntz's analysis shows that Near Protocol is currently trading at $7.84 and could experience positive movement in the near future.
Moving on to Bitcoin and Ethereum, Bluntz suggests that both assets have established price floors and are likely to see an upward trend soon.
Bitcoin is currently priced at $71,163, while Ethereum is trading at $3,645, according to the analyst.
In relation to Dogecoin, Bluntz notes that the meme coin has completed a corrective pattern on the 30-minute chart, potentially signaling the end of a downtrend.
Dogecoin is currently trading at $0.189 as per Bluntz's assessment.
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