Ethereum
Analyst Says Blue-Chip Rival Ethereum Could Explode Up to 237%, Updates Outlook on Pepe, Floki and Chainlink
A closely followed crypto strategist believes that a leading Ethereum (ETH) its rival could experience an explosive rally of more than 230%.
Analyst pseudonym Inmortal tell her 213,800 followers on social media platform X que Solana (GROUND) could reach a new all-time high (ATH) by the end of summer.
“1. New ATH by the end of summer. 2. Cycle high between 400 and 600 dollars.
Source: Inmortal/X
Looking at his chart, the analyst suggests that Solana price will consolidate before breaking diagonal resistance to new ATHs. Solana reached its ATH of around $260 in November 2021.
Solana is trading at $178 at the time of writing, down slightly over the past 24 hours.
Then the analyst said that Ethereum’s rally to kick off the week will likely propel Pepe memecoins (PEPE) and Floki (FLOKI) upper.
“Moving ETH also gives altcoins a free hand to move. PEPE is following well and it is very likely that FLOKI will also move soon. You know, contagion, muscle memory.
Source: Inmortal/X
Looking at his chart, the analyst suggests that Floki could reach $0.000340, a gain of over 52% from the current value.
Floki is trading at $0.000223 at the time of writing, up almost 2% in the last 24 hours.
Finally, the analyst believes this decentralized oracle network Chainlink (LINK) is heading towards $28 if it can hold $16 as support on the three-day chart.
“The Marines are willing to send it if we find acceptance above $16.”
Source: Inmortal/X
LINK is trading at $16.35 at the time of writing, down 2% in the last 24 hours.
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