A popular crypto strategist names two Ethereum (ETH) challengers that he believes will rise faster than the rest of the market once conditions improve.
Pseudonymous analyst The Crypto Dog tells his 776,800 followers on social media platform X that he is bullish on Near (NEAR) in the long term.
According to the trader, NEAR was one of the faster horses this cycle and he believes it will burst right out of the gate once the crypto market receives a bid.
“I still believe that taking a NEAR position for several months is a good move today. Lock it and don’t trade it.
NEAR continues to show relative strength along with coins [latching] AI trend (artificial intelligence). If the market turns, the market will perform better.”
At the time of writing, NEAR is worth $6.95.
Next, the analyst is also keeping a close eye on fellow tier-1 altcoin AIOZ (AIOZ). The crypto dog say he is also willing to hold AIOZ for a period of several months.
“I have been fluctuating over the past few months, but should pick up again and perform better if the market swings back. I trade on dregs and take larger positions with longer durations.”
At the time of writing, AIOZ is trading at $0.778, down almost 4% over the past day.
The last altcoin on the trader’s radar is the gaming-focused crypto project Xai (XAI). According to the analyst, XAI could rise almost 60% from current levels in the coming weeks.
“I think XAI can return to $1 by June, which seems like a good price right now. (I’m a heavy bag holder).”
At the time of writing, XAI is worth $0.635.
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Generated image: Midjourney