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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/analyst-bluntz-shares-predictions-for-four-cryptocurrencies/" data-wpel-link="internal">Analyst Bluntz Shares Predictions for Four Cryptocurrencies</a> 
Analysts’ comments on cryptocurrencies generally attract attention. Some analysts are closely followed. Among them, analyst and trader Bluntz has made predictions about four cryptocurrencies amidst volatile market price movements, drawing attention. 
<h2 style="text-align: justify" id="analyst-s-predictions-for-near-protocol">Analyst’s Predictions for Near Protocol</h2> 
Firstly, analyst Bluntz, in a post on social media platform X, mentioned that Near Protocol (NEAR), a Layer-1 blockchain platform, could surpass its 22-month high of $9.01 reached about a week ago, which is also seen as a competitor to Ethereum (ETH). 
<blockquote> 
 Will NEAR be the first Layer-1 in the top 50 (by market value) to return to its highest levels in 2024? I think the answer will be a resounding yes. 
</blockquote> 
Preferring to use the Elliott Wave theory in his technical analyses, the analyst pointed out two five-wave formations in the four-hour chart of NEAR. The Elliott Wave theory suggests that the price of an asset moves in a five-wave formation in line with the main trend, while corrections in price occur in a three-wave formation. 
The chart presented by Bluntz shows that one of the five-wave formations could be completed above the price of $8.80, while the second could be completed with the price reaching $9.53. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-334516" src="https://coin-turk.com/wp-content/uploads/2024/03/near-9-coin-turk-com.jpg" alt="" width="612" height="562"> 
NEAR continues to trade at $7.29, down 2% amidst these analyses. On the other hand, its 24-hour trading volume has decreased by 38% to $423 million. 
<h2 style="text-align: justify" id="comments-on-btc-eth-and-doge">Comments on BTC, ETH, and DOGE</h2> 
Following the NEAR analysis, Bluntz also made comments about <a href="https://en.coin-turk.com/bitcoin-dominance-is-dropping-eth-xrp-and-doge-leading-the-altcoin-rally/" data-wpel-link="internal">Bitcoin</a> (<a href="https://en.coin-turk.com/bitcoin-price-prediction-will-btc-reach-32000-crypto-analyst-capo-gives-his-insights/" data-wpel-link="internal">BTC</a>) and Ethereum. Bluntz stated that the prices of the two largest cryptocurrencies by market value seemed to be forming a bottom and are now expected to start rising again. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-334517" src="https://coin-turk.com/wp-content/uploads/2024/03/bitcoin-bluntz-coin-turk-com.jpg" alt="" width="610" height="360"> 
According to the charts shared by Bluntz, both Bitcoin and Ethereum appear to have completed a three-wave corrective formation in a downward direction, as seen in the 15-minute and one-hour views, respectively. 
At the time of writing, Bitcoin was trading at $71,200, while Ethereum was finding buyers at $3,591, with both trading in the positive territory. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-334519" src="https://coin-turk.com/wp-content/uploads/2024/03/ethereum-coin-turk-com-1.jpg" alt="" width="693" height="260"> 
Lastly, Bluntz drew attention to <a href="https://coin-turk.com/dogecoinde-438-milyonluk-dev-balina-hareketi-dogecoin-kac-tl-oldu" data-wpel-link="internal">Dogecoin</a> (<a href="https://en.coin-turk.com/the-future-of-dogecoin-doge-the-king-of-memecoins/" data-wpel-link="internal">DOGE</a>), the top memecoin by market value, indicating that its 30-minute chart shows the end of a three-wave corrective formation, potentially signaling the end of a downtrend. 
<blockquote> 
 I’ve started to think that there might not be a deeper pullback, definitely strong, no doubt about it. 
</blockquote> 
DOGE continues to trade at $0.21, after experiencing a 16% increase at the time of writing. 
<img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-334518 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/doge-coin-turk-com.jpg" alt="" width="612" height="561"> 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/analyst-bluntz-shares-predictions-for-four-cryptocurrencies/" data-wpel-link="internal">Analyst Bluntz Shares Predictions for Four Cryptocurrencies</a></h5>

Analyst Bluntz Shares Predictions for Four Cryptocurrencies

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