Ethereum
Trader Says Two Ethereum Rivals Could Outperform Crypto Market, Predicts Rally for Small-Cap Altcoin
Popular crypto strategist names two Ethereum (ETH) challengers that he believes will rise faster than the rest of the market once conditions improve.
Pseudonymous analyst The Crypto Dog tells his 776,800 followers on social media platformCLOSE).
According to the trader, NEAR has been one of the fastest horses this cycle and he believes it will break out from the start once the crypto market receives a bid.
“I still believe taking a multi-month NEAR position today is a good decision. Lock it and don’t trade it.
NEAR continues to show relative strength with coins [latching] AI (Artificial Intelligence) Trend. When the market turns, it will outperform.
At the time of writing, NEAR is worth $6.95.
Next, the analyst is also closely monitoring fellow layer 1 altcoin AIOZ (AIOZ). The crypto dog said it is also prepared to hold AIOZ over a period of months.
“Has been variable over the last couple of months, expected to pick up and outperform when the market recovers. I trade on lees, taking larger, longer-term positions.
At the time of writing, AIOZ is trading at $0.778, down almost 4% over the past day.
The latest altcoin on the trader’s radar is gaming-focused crypto project Xai (XAI). According to the analyst, XAI could skyrocket almost 60% from current levels in the coming weeks.
“I think XAI can return to $1 by June, which seems like a good price at the moment. (I’m a heavy bag carrier).
Source: The crypto/X dog
At the time of writing, XAI is worth $0.635.
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