{"id":279293,"date":"2024-04-08T05:50:08","date_gmt":"2024-04-08T00:20:08","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=279293"},"modified":"2024-04-08T05:50:08","modified_gmt":"2024-04-08T00:20:08","slug":"analyst-flips-bullish-on-one-ethereum-rival-says-layer-1-altcoin-looking-interesting-again-after-a-long-time-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/analyst-flips-bullish-on-one-ethereum-rival-says-layer-1-altcoin-looking-interesting-again-after-a-long-time-crypto-news\/","title":{"rendered":"Analyst Flips Bullish on One Ethereum Rival, Says Layer-1 Altcoin Looking Interesting Again After a Long Time &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>A widely followed crypto strategist believes that one Ethereum (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/ethereum\/\">ETH<\/a>) competitor is gearing up to witness a breakout rally.<\/p>\n<p>Pseudonymous analyst The Crypto Dog tells his 775,100 followers on the social media platform X that he\u2019s bullish on the smart contract protocol Near (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/near\/\">NEAR<\/a>).<\/p>\n<p>The analyst shares a chart suggesting that NEAR is threatening to take out its diagonal resistance on the daily chart.<\/p>\n<p><em>\u201cNEAR makes a move soon. Maybe not today but soon.<\/em><\/p>\n<p><em>BTC flat, SOL red, NEAR green makes me pay attention.\u201d<\/em><\/p>\n<figure style=\"width: 499px\" class=\"wp-caption aligncenter\"><figcaption class=\"wp-caption-text\">Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheCryptoDog\/status\/1776283879105790269\">The Crypto Dog\/X<\/a><\/figcaption><\/figure>\n<p>Even though Near is still struggling to move above the diagonal resistance, the analyst says that it\u2019s only a matter of time before NEAR breaks out and rallies to around $9.<\/p>\n<p><em>\u201cAlright, don\u2019t hassle me \u2013 it is shaping up more like I originally expected.<\/em><\/p>\n<p><em>But still keep eyes on NEAR, this should retest that high we just made and push it in time.\u201d\u00a0<\/em><\/p>\n<figure style=\"width: 424px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GKb9Lm0agAAajvO?format=jpg&amp;name=4096x4096\" alt=\"Image\" width=\"424\" height=\"786\" \/><figcaption class=\"wp-caption-text\">Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheCryptoDog\/status\/1776385481552666812\">The Crypto Dog\/X<\/a><\/figcaption><\/figure>\n<p>At time of writing, NEAR is worth $7.06.<\/p>\n<p>Next up, the trader says he\u2019s keeping a close watch on the layer-1 altcoin Injective (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/injective-protocol\/\">INJ<\/a>). According to the analyst, the altcoin is starting to look interesting again after INJ bulls defended the $30 price area.<\/p>\n<p><em><span class=\"r-18u37iz\">\u201cINJ<\/span><span class=\"css-1qaijid r-bcqeeo r-qvutc0 r-poiln3\"> might be getting interesting again, for the first time in a long time.\u201d<\/span><\/em><\/p>\n<figure style=\"width: 492px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/pbs.twimg.com\/media\/GKbRYN9bsAAoEft?format=jpg&amp;name=4096x4096\" alt=\"Image\" width=\"492\" height=\"912\" \/><figcaption class=\"wp-caption-text\">Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheCryptoDog\/status\/1776337319630651588\">The Crypto Dog\/X<\/a><\/figcaption><\/figure>\n<p>At time of writing, INJ is trading for $34.85, up nearly 2% in the past day.<\/p>\n<p>As for the broader crypto market, the analyst <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheCryptoDog\/status\/1776348325572428006\">thinks<\/a> that the latest correction is designed to flush out weak hands.<\/p>\n<p><em>\u201cMaybe I\u2019m optimistic but the last few days felt like a shakeout. Default bullish in this market until something significant rumbles the status quo. We should get a firm direction in the next seven days.\u201d<\/em><\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\" \/><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt\"><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A widely followed crypto strategist believes that one Ethereum (ETH) competitor is gearing up to witness a breakout rally. Pseudonymous analyst The Crypto Dog tells his 775,100 followers on the social media platform X that he\u2019s bullish on the smart contract protocol Near (NEAR). The analyst shares a chart suggesting that NEAR is threatening to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":169459,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-279293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/279293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=279293"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/279293\/revisions"}],"predecessor-version":[{"id":279295,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/279293\/revisions\/279295"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/169459"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=279293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=279293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=279293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}