A popular analyst says he has a bullish bias on an altcoin in the top 20. According to another popular analyst, Ali Martinez, LDO is signaling a short-term bull. An analyst nicknamed Altcoin Sherpa predicts an explosive rally for an Ethereum rival later this year.

NEAR price forecast: It will be one of the first to reach new highs!

Cryptocoin.comAs you have been following, the market is dominated by the color red. Analysts, however, are still hopeful for the future. Popular analyst Bluntz says that NEAR Protocol (NEAR), a competitor to the leading altcoin Ethereum, is currently outperforming other crypto assets. NEAR is one of the few altcoins in the green zone at the time of writing. In this context, the analyst makes the following statement:

I love that NEAR continues to make new highs while everything else has stalled and continues to accumulate. This asset is currently leading the market and will definitely be one of the first to make new highs.

Source: Bluntz

According to Bluntz’s eight-hour chart, the analyst’s initial target is above $10. This stands about 40% above NEAR’s current price. Meanwhile, NEAR was trading at $7.07 at the time of writing.

LDO price prediction: Altcoin gives short-term bullish signal!

Ali Martinez, a popular crypto analyst, says that the Tom DeMark (TD) Sequential indicator recently offered a buy signal on the 3-day chart of Lido DAO (LDO). Accordingly, the analyst says, “If LDO can hold above $1.85, we could see it rally towards $3!”

Source: Ali Martinez

Traders use the TD Sequential indicator to predict potential trend changes for tokens based on the closing prices of the previous 13 bars or candles. Meanwhile, LDO was trading at $1.95 at the time of writing. The 54th-ranked altcoin by market capitalization has lost 4.4% in the past week. However, LDO is still holding above the analyst’s $1.85 level.

SOL price prediction: This altcoin is never a bad investment!

Altcoin Sherpa says Solana (SOL) has the potential to rise 267% from its current value. Accordingly, the analyst said, “I think investing in SOL is never a bad idea. I think it will go to $500+ this year. Anywhere between $130-110 would be a gift (I’m not expecting that yet).”

Source: Altcoin Sherpa

According to his chart, the analyst is closely watching the key Fibonacci levels of $138 and $116 for a possible retest. Meanwhile, Solana was trading at $137.8 at the time of writing, down 3.97% in the last 24 hours.

The opinions and forecasts in the article are those of analysts and are not investment advice. Cryptocoin.com we strongly recommend that you do your own research before investing.