Altcoins are gearing up for a potential surge this weekend, according to a well-known crypto analyst. In a recent strategy session, the pseudonymous trader Bluntz shared his insights with nearly 300,000 followers on X, highlighting bullish signals in altcoin/Bitcoin pairs.
Bluntz expressed optimism about the possibility of Bitcoin trading sideways for the week, allowing altcoins to take the spotlight over the weekend. He pointed out several prominent layer-1 blockchains such as Ethereum (ETH), BNB Chain (BNB), and Sei (SEI), which he believes are well-positioned to benefit from Bitcoin’s stable movement.
The trader specifically mentioned Near Protocol (NEAR) as a standout candidate for a potential skyrocketing. He noted that the NEAR/USD pair has already broken out, with the NEAR/BTC pair showing signs of a breakout as well. Bluntz confidently stated that a significant move for NEAR is imminent.
NEAR is currently trading at $6.87, reflecting a 1% increase over the last 24 hours. Bluntz also highlighted other digital assets like Dogecoin (DOGE) and decentralized exchange platform Jupiter (JUP) as poised for a breakout. He predicted that Jupiter could reach a new all-time high during this cycle, emphasizing its strong potential for growth.
JUP is currently priced at $0.00087, experiencing a 9.1% decrease on the day. Bluntz’s bullish outlook on these altcoins suggests a potentially lucrative weekend for investors in the crypto market.
To stay updated on the latest developments in the crypto space, readers are encouraged to subscribe to email alerts and follow social media platforms like X, Facebook, and Telegram. Additionally, monitoring price action and staying informed through platforms like The Daily Hodl can help investors navigate the dynamic crypto market landscape.
As the crypto market continues to evolve, experts like Bluntz provide valuable insights and analysis to help investors make informed decisions. By staying informed and following market trends, investors can capitalize on potential opportunities for growth and success in the crypto space.
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