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

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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: IMO there is still time to average into this one from 14-16. I still think it's a good one and will break ATH within the coming weeks. #NEAR pic.twitter.com/7GtBIRYb3v

— Altcoin Sherpa (@AltcoinSherpa) April 12, 2022

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.

$AVAX: Meh, this one has underperformed my expectations heavily. Would like to see a reclaim of the 200D EMA and EQ of the range. Looks like the range lows at 66 are coming before anything else until we see that reclaim. #AVAX pic.twitter.com/x6L9EdqzbF

— Altcoin Sherpa (@AltcoinSherpa) April 12, 2022

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

$ZIL: I think this bounces soon tbh, expecting late shorters to get messed up; that said, I do think that the trend is still bearish. If you are paying attention, you can play this both ways and long soon/close and also short around .13-.14. Ill prob look for shorts #ZIL pic.twitter.com/izAJHRiQgX

— Altcoin Sherpa (@AltcoinSherpa) April 12, 2022

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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