This altcoin is likely to have the big rally this year like SOL and AVAX

Closely watched strategist and trader Cantering Clark reveals an Ethereum competitor he believes will follow the epic 2021 rallies of smart contract platforms Solana (SOL) and Avalanche (AVAX).

Clark said he’s keeping a close eye on Near, a developer-focused blockchain that aims to be scalable and stable.

According to Cantering Clark, Near is expected to repeat his feat in December 2021, more than doubling in value in about a month.

“I think Near has a much larger scaling setup as shown below. Currently, the weekly volume average price (VWAP) is maintained and not expanded at all. The 20-day moving average is pointing up and holding. The weekly distribution shows the acceptance of higher prices with minimal effort.”

The source: Galloping Clark

At the time of writing, Near is trading at $19.86, up more than 140% over the last 30 days.

Cantering Clark believes NEAR will continue to grow even after its huge gains.

“Remember what SOL and AVAX have done. NEAR will do the same. At each break, the market calls a high and continues to move higher.”

Both SOL and AVAX had a breakout year in 2021, posting amazing gains of 11.157% and 3.523%, respectively.

Another altcoin on the trader’s radar is the Rari Governance Token (RGT), the native governance token of Rari Capital, a decentralized no-custodial financial protocol for lending, borrowing, and staking profits.

According to Cantering Clark, RGT appears to have ended its downtrend on the daily time frame after breaking out of a bullish reversal pattern.

“Another coin in the same trend. RGT by Rari Capital. whale preferred. There is no large stock ahead. Breaking out of the W floor accumulation on the daily chart.”

The source: Galloping Clark

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