During a period of minor fluctuations in the cryptocurrency market, respected crypto analyst, Bluntz, revealed his latest forecasts for four prominent cryptocurrencies. The analyst discussed recent developments for Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and Near Protocol (NEAR).

Positive Outlook for NEAR

Bluntz initially analyzed Bitcoin and Ethereum, identifying that both coins have established a price bottom. He mentioned that based on the completion of three-wave correction patterns within fifteen-minute and one-hour time frames, Bitcoin and Ethereum are likely to experience an upward trend.

After examining BTC and ETH, Bluntz shifted his focus to Near Protocol's NEAR token, anticipating a potential surge above its 22-month peak of $9.01. By applying the Elliott Wave theory, the analyst recognized two five-wave structures on NEAR's four-hour price chart.

Currently trading at $7.84, Bluntz predicts that following the completion of the first two waves, NEAR's price will surpass $8.80 and $9.53.

Optimistic Projection for Dogecoin

Bluntz also provided insights on Dogecoin, emphasizing that the meme-based cryptocurrency completed a three-wave correction pattern on the thirty-minute chart, suggesting a potential end to the downtrend.

While expressing confidence in DOGE's strength, the analyst indicated a lack of expectation for a significant setback. Bluntz anticipates Dogecoin to exhibit upward momentum and achieve a robust advance from its current levels.

This information was initially shared on COINTURK NEWS: Top Crypto Analyst Shares Latest Predictions for Major Coins