The analyst singled out the NEAR cryptocurrency, the value of which will increase significantly

A prominent crypto strategist believes that one of Ethereum’s (ETH) competitors is preparing to witness a breakout rally. The analyst, who goes by the pseudonym The Crypto Dog, told his 775,100 followers on social media platform X that he is optimistic about the Near (NEAR) smart contract protocol.

The analyst shared a chart showing that NEAR could break through diagonal resistance on the daily chart. «NEAR will make a move soon. Maybe not today, but soon. BTC is flat, SOL is red, NEAR is green, they make me pay attention.»

Despite the fact that Near is still trying to overcome diagonal resistance, the analyst is convinced that it is only a matter of time before NEAR breaks through and rises to $ 9. «Okay, don’t bother me — everything is going as I expected. But still, keep an eye on NEAR, it should test the high we just reached and push it in time.»

The trader also said that he is keeping a close eye on the first-tier altcoin Injective (INJ). According to the analyst, INJ is starting to look important again after INJ bulls defended the $ 30 price zone. «INJ may become interesting again for the first time in a long time.»

A similar opinion about Near cryptocurrency is shared by trader Bluntz. In March, the analyst told his 251,100 followers on the X social platform that the Near (NEAR) protocol’s first-level asset would rise to its value in May 2022. According to the analyst, NEAR is in the midst of a five-wave surge that could cause the altcoin to soar to almost $ 10 in a matter of days.