Altcoins

Crypto Market Rebounds: Here Are Next Levels For AVAX, NEAR & ZIL Price

Written by: Elena R

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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Apr 13, 2022

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In today’s session, the cryptocurrency prices have breathed easily as in the early hour’s Bitcoin bull seemed to be gaining slight control. However now Bitcoin has again tumbled down, but Ethereum and other major altcoins are still holding on to the rally.

Analysts Take On NEAR, Avalanche and Zilliqa

A popular crypto analyst, pseudonymously known as Altcoin Sherpa, is highly bullish on Avalanche (AVX) but he is bearish on Zilliqa and Near Protocol.

Near Protocol – NEAR Price

Altcoin Sherpa, a pseudonymous crypto analyst, tweets enlightening his 172,500 Twitter followers saying that Near Protocol’s native token NEAR will still decline further before the currency makes a move towards a new all-time high.

Near Protocol’s NEAR token is currently positioned as the 17th crypto asset by market capitalization, at the press time is trading at $16.34 down by 1.08% over the last 24hrs. As per Altcoin Sherpa, $14 will be a great entry for Near Protocol’s NEAR token.

Avalanche – AVAX Price

Next, the crypto strategist, Altcoin Sherpa bullishly talks about another Ethereum rival, Avalanche (AVX). As per the analyst, AVAX Price has not performed as per his expectations and is looking at its exponential moving average.

At the press time, Avalanche is changing hands at $77.40 with a plunge of 0.05% over the last 24hrs. Meanwhile, AVX, the 10th largest cryptocurrency by market capitalization is down by 17% in the last seven days.

Zilliqa – ZIL Price

The last on Altcoin Sherpa’s list is Zilliqa (ZIL) and the analyst looks bearish. The Zilliqa (ZIL) blockchain supports organizations to run enterprise business operations. The crypto strategist says 

Zilliqa’s native token ZIL, at the time of writing is trading at $0.1076 with a plunge of 2.30% over the last 24hrs. The 72nd largest crypto by market cap is also down by 16% in the past seven days.

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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