Leading Crypto Trader Predicts Altcoin Surge Amid Positive Bitcoin Chart Indicators – Unveils Choice Selections

An esteemed cryptocurrency expert forecasts a notable surge for alternative coins as the weekend approaches.

During a recent analysis session, the crypto trader known by the pseudonym Bluntz shared with his nearly 300,000 followers on platform X that certain altcoins paired with Bitcoin (BTC) are showing positive signs of growth.

“In an ideal situation, BTC would stabilize for a week while altcoins successively surge throughout the weekend. There’s a high probability for this given the current altcoins/bitcoin chart patterns.”

Bluntz goes on to highlight several top-tier blockchain platforms, like Ethereum (ETH), BNB Chain (BNB), and Sei (SEI), that may benefit from Bitcoin’s period of consolidation.

“This weekend looks promising for layer-1 blockchains. SEI, NEAR, INJ, BNB, and even ETH are showing strength in both US dollar terms and, more significantly, against BTC pairs.”

The analyst is particularly bullish on the future performance of Near Protocol (NEAR), predicting an upward trajectory.

“NEAR/USD has already made a decisive breakout, and now the NEAR/BTC is following suit. We’re on the verge of a surge.”

Currently, NEAR trades at $6.87, marking a 1% rise over the past day.

Further, Bluntz projects that Dogecoin (DOGE) and the DEX Jupiter (JUP) are positioned for a breakthrough, with JUP possibly hitting new peaks in this cycle.

“Even after rising 100% from recent lows, JUP seems to be in a six-month accumulation phase, and the substantial upsurge hasn’t fully kicked in. With no doubt, it will reach unprecedented highs before this cycle’s end. Many coins within the SOL ecosystem exhibit similar patterns.”

JUP is valued at $0.00087 at the moment, which is a 9.1% decrease from the previous day.

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Disclaimer: The views expressed on The Daily Hodl are not considered investment advice. Investors should execute their own thorough research prior to engaging in high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Your transactions and trades are at your personal risk, with any consequent losses under your responsibility. The Daily Hodl is neither an investment advisor nor does it advocate for the purchase or sale of any cryptocurrencies or digital assets. It’s worth noting that The Daily Hodl is involved in affiliate marketing.

Image Credit: Midjourney