{"id":5097,"date":"2022-01-17T11:07:17","date_gmt":"2022-01-17T11:07:17","guid":{"rendered":"http:\/\/egrowonline.com\/?p=5097"},"modified":"2022-01-17T11:07:17","modified_gmt":"2022-01-17T11:07:17","slug":"one-ethereum-rival-will-follow-explosive-rallies-of-solana-sol-and-avalanche-avax-according-to-top-crypto-analyst","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=5097","title":{"rendered":"One Ethereum Rival Will Follow Explosive Rallies of Solana (SOL) and Avalanche (AVAX), According to Top Crypto Analyst"},"content":{"rendered":"


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A closely followed crypto strategist and trader is unveiling one Ethereum (ETH) competitor that he believes will follow the epic 2021 rallies of smart contract platforms Solana (SOL) and Avalanche (AVAX).<\/p>\n

Pseudonymous trader Cantering Clark tells his 103,900 Twitter followers that he\u2019s closely watching Near<\/a>, a developer-focused blockchain designed for scalability and stability.<\/p>\n

According to Cantering Clark, Near is in a position to repeat its December 2021 performance when it more than doubled its value in about one month.<\/p>\n

\u201cI think we are setting up for a similar much larger expansion with <\/span>NEAR<\/span> as highlighted below. Currently holding the weekly vwap (volume weighted average price) and by no means extended. Twenty-day moving average pointing up and holding. Weekly distribution showing acceptance of higher prices with minimal effort.\u201d<\/span><\/em><\/p>\n

\"Image\"
Source: Cantering Clark\/Twitter<\/a><\/figcaption><\/figure>\n

At time of writing, Near is trading at $19.86, up over 140% in the last 30 days.<\/p>\n

Cantering Clark adds that he believes Near will continue grinding higher even after posting huge gains.<\/p>\n

\u201cRemember what Solana and Avax did? <\/span>NEAR<\/span> is going to do the same thing. At each pause, the market calls the top, and it just keeps getting away from you.\u201d<\/span><\/em><\/p>\n

Both Solana<\/a> and Avalanche<\/a> had a breakout year in 2021, printing staggering gains of 11,157% and 3,523%, respectively.<\/p>\n

Another altcoin on the trader\u2019s radar is Rari Governance Token<\/a> (RGT), the native governance token of Rari Capital, a non-custodial decentralized finance (DeFi) protocol for lending, borrowing and yield staking.<\/p>\n

According to Cantering Clark, RGT appears to have ended its downtrend on the daily timeframe after breaking out from a bullish reversal pattern.<\/p>\n

\u201cAnother one in the same bucket.<\/em><\/p>\n

RGT Rari Capital.<\/em><\/p>\n

Whale backing.<\/em><\/p>\n

No major overhead supply.<\/em><\/p>\n

Breaking out of a \u2018W\u2019 bottoming accumulation structure on the [daily].\u201d<\/em><\/p>\n

\"Image\"
Source: Cantering Clark\/Twitter<\/a><\/figcaption><\/figure>\n

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n

Featured Image: Shutterstock\/Liu zishan\/Vladimir Sazonov<\/span><\/em><\/p>\n<\/p><\/div>\n


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A closely followed crypto strategist and trader is unveiling one Ethereum (ETH) competitor that he believes will follow the epic 2021 rallies of smart contract platforms Solana (SOL) and Avalanche (AVAX). Pseudonymous trader Cantering Clark tells his 103,900 Twitter followers that he\u2019s closely watching Near, a developer-focused blockchain designed for scalability and stability. According to […]<\/p>\n","protected":false},"author":1,"featured_media":5098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[41],"tags":[646,939,937,62,158,3398,1497,641,629,565,84,114],"class_list":["post-5097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-analyst","tag-avalanche","tag-avax","tag-crypto","tag-ethereum","tag-explosive","tag-follow","tag-rallies","tag-rival","tag-sol","tag-solana","tag-top"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/01\/fund-managers-growth.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/5097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5097"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/5097\/revisions"}],"predecessor-version":[{"id":5099,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/5097\/revisions\/5099"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/5098"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5097"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}