NEAR Protocol

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 A widely followed cryptocurrency analyst and trader is turning bullish on a decentralized wireless network project.
 The analyst pseudonymously known as Bluntz tells his 258,700 followers on the social media platform X that key indicators suggest Helium (HNT) is about to have a massive breakout.
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 Bluntz uses the Elliott Wave theory in his <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a>, which attempts to forecast price movements based on crowd psychology that is manifested in waves. The Elliott Wave theory suggests that price impulses happen in five waves after three-wave “ABC” corrections.
 “Since original post we did a nice five wave rise from the lows and now a clear three wave ABC right into the 0.618 [Fibonacci retracement level] here with a strong reaction from it. This one is going to be a banger in my opinion, liking the structure a lot while $3.40 holds.”
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GNK_GPwXsAAVYX1?format=jpg&amp;name=medium" alt="Image" width="1096" height="1149">
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 Source: Bluntz/X
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 Helium is trading for $4.63 at time of writing, up slightly in the past 24 hours.
 Next up, the analyst thinks&nbsp;that Bitcoin (BTC) is on the verge of breaking out to new all-time highs (ATHs).
 “BTC likely going to be a solid engulfing on the daily close [May 9th]. Looking like the next push up into ATHs has started in my opinion.”
 <figure style="width: 100%" class="wp-caption alignnone"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GNK7sOyXcAEiILK?format=jpg&amp;name=medium" alt="Image" width="1113" height="1158">
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 Source: Bluntz/X
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 Looking at his chart, he suggests that Bitcoin is on the verge of breaking out of a falling wedge pattern and could soar to $84,000.
 Bitcoin is trading for $60,829 at time of writing, down nearly 2% in the last 24 hours.
 Lastly, the analyst suggests that smart contract platform NEAR Protocol (NEAR) will soar to $11, a nearly 50% gain from the current value.
 “NEAR still one of my favorite picks at the moment and one of strongest uptrends of top 20 coins since the April capitulation lows.”
 <figure style="width: 100%" class="wp-caption alignnone"><img loading="lazy" decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GNK_siKW8AAkT13?format=jpg&amp;name=medium" alt="Image" width="1114" height="1152">
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 Source: Bluntz/X
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 Looking at his chart, the analyst suggests NEAR is printing a bullish pattern of higher low prices.
 NEAR is trading for $7.34 at time of writing, up 1.6% in the last 24 hours.
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/this-one-is-going-to-be-a-banger-low-cap-altcoin-flashing-bullish-signal-according-to-top-crypto-analyst-tbt88011.html">https://thebittimes.com/this-one-is-going-to-be-a-banger-low-cap-altcoin-flashing-bullish-signal-according-to-top-crypto-analyst-tbt88011.html</a>

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