- Analyst declares several daytrading opportunities available presently.
- The fluctuating prices in the market present new opportunities for traders.
- Bullish crypto market assets include NEAR, ONDO, and HYPE.
The crypto market is currently in a phase where prices are fluctuating after a heavy fall. Market conditions now point to greater lows ahead, creating a short time now for several promising daytrading opportunities. So much so that one analyst declares several daytrading opportunities available in the crypto market in NEAR, ONDO, and HYPE. Can these altcoins set new ATH prices this year?
Analyst Declares Several Daytrading Opportunities Available in the Crypto Market
Presently, both BTC and ETH prices have fallen and are currently trading at $63,000 and $1,600 price ranges, respectively. This sudden fall in the value of the pioneer crypto and altcoin assets has led to other altcoin assets seeing a major dip in prices as well. Especially for cestin altcoins, where bullish sentiment was high, analysts are certain that once the market stabilizes, these assets will continue to surge and possibly hit new ATH prices.
So far, several altcoins, including NEAR, FET, and XLM, have been experiencing a steady rise in prices and are approaching crucial resistance levels. Unfortunately, the fall in pioneer asset prices led to these assets also falling to lower lows. Now, analysts believe that these assets will hold steady at support levels before surging back up to hit new ATH prices within the coming months.
As we can see from the post above, this expert draws attention to the altcoin NEAR and its price chart. To highlight, it seems that NEAR tested the $1.80 support during the recent market crash, and buyers showed up exactly where they needed to, meaning that the price of NEAR held strong and could possibly rise again and head into a bullish rally state. Now the chart is simple for NEAR.
NEAR, ONDO, and HYPE Show Promising Price Surge Opportunities
The post goes on to mark the current support level which is $1.80, and the current resistance level, which is $3.08. As long as the $1.80 support level holds, NEAR is expected to continue to build a strong base. The next major test is $3.08, a level that the price recently rejected. Meanwhile, if NEAR breaks the $3.08 resistance level, then the bullish case gets much stronger. Until then, this looks like healthy consolidation between support and resistance.
The analyst in the post above declares that there are many daytrading opportunities in the markets at the moment, despite the bearish narrative taking over. Above all, NEAR may experience a short correction over the next few days, allowing traders to stock up on the asset. Similar bullish altcoin assets that could surge over the coming months include ONDO and HYPE.
