AnalysisCryptocurrency news

This Altcoin Could Record A New ATH In The Short Term!

The cryptocurrency analyst drew attention to the altcoin, which he thinks may register a new ATH in the near future.

This Altcoin Could Record A New ATH In The Short Term!

Cryptocurrency analyst, known as Altcoin Sherpa in his social media accounts, evaluated the current technical view on behalf of Near Protocol (NEAR). Noting that current metrics and indicators give bullish signals for NEAR, the analyst expressed his thoughts that NEAR will reach an all-time high price level in the near term and record a new ATH.

Analyst Evaluates Technical Outlook on NEAR

Cryptocurrency analyst, known by the username Altcoin Sherpa, evaluated the current technical view on behalf of the Near Protocol (NEAR) in his post on his Twitter account. While expressing his expectation that the uptrend in NEAR will continue, the analyst argued that NEAR may reach an all-time high price level in the near term and record a new ATH.

Expressing bullish expectations on behalf of NEAR, the cryptocurrency analyst also drew attention to the critical price levels in BNB. The analyst stated that if the market enters a bullish period again, the $509 resistance for Binance Coin (BNB) is very important and if this resistance is overcome, BNB can achieve a strong upward momentum.

Bitcoin (BTC) Trades at Critical Price Levels

The leading cryptocurrency Bitcoin (BTC) has significantly approached the $ 42,000 price levels, with the value increases recorded during the week. The cryptocurrency market has regained an upward momentum with this increase in value in Bitcoin. Many altcoins, especially ApeCoin (APE), recorded double-digit value increases during the week. The total market capitalization of cryptocurrencies has also exceeded $2 trillion again. However , despite the uptrend in the market, Ethereum (ETH) recorded a low-rate loss of close to 1% in the last 1-week time frame and started trading at the price levels of $ 3,100.

The information contained in this article does not constitute investment advice. Investors should know that cryptocurrencies carry risks due to their high volatility and should perform their transactions in line with their own research.

Samuel Hegi

Samuel Hegi , who first became acquainted with blockchain technology in 2014, is highly critical of blockchain technology. Samuel Hegi, a journalism graduate from the University of Brighton he is the editor-in-chief of the news portal. Blockchain is love.

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