The cryptocurrency market re-entered the green zone after consolidation. However, it remains unclear whether the rise will continue. However, one analyst with a large following says leading altcoin Ethereum rival Solana is poised for an explosive rally. The analyst also makes a comparison on meme coins DOGE and FLOKI.
Analyst: $450 possible for leading altcoin rival, but…
cryptokoin.comAs you follow from , although the market loses momentum, it also shows resistance. This gives hope to investors and traders. Many are already looking for the fastest horse in the next race. The popular analyst, nicknamed Inmortal Crypto, predicts that Solana will rise more than 340% from its current value by 2025. The analyst says SOL will go parabolic, similar to ETH reaching its all-time high in 2021. In this context, Inmortal makes the following statement for the altcoin Solana:
ETH rose from $80 to $4,500 in 2021. SOL will rise from $8 to $450 in 2025.
However, the analyst predicts that ETH will outperform SOL in the near term. He expresses his views on this subject as follows:
I’m just talking out loud. ETH has a chance to outperform SOL in the coming months. After that, the LEFT will be the leader again.
The analyst is watching closely to see if Solana can turn key resistance levels into support. Moreover, it sets the first key price target at $120-130, followed by $190-200. Inmortal, “The three most important levels in SOL. We teleport from one to the other.” says. Meanwhile, Solana was trading at $103.2 at the time of writing, up nearly 2.55% in the last 24 hours. However, the altcoin lost approximately 4% on its weekly chart.
According to Inmortal, FLOKI, not DOGE, will lead this cycle!
The analyst also says that meme coin Floki (FLOKI) is likely to break out before its original meme coin rival Dogecoin (DOGE). The analyst makes the following statement on this subject:
DOGE will end this 600+ day accumulation soon. I can say that FLOKI will follow DOGE, but I think it will be the opposite. Floki will lead this cycle.
Floki was trading at $0.00003535 at the time of writing, up more than 3% in the last 24 hours. Meanwhile, DOGE was changing hands at $0.08616, increasing by 1.5% on a daily basis.
There are these stops on the analyst’s Bitcoin route!
Finally, the analyst looks at the leading cryptocurrency Bitcoin. Inmortal says BTC will retest the $47,000 level next week. However, he predicts it will then rise above $53,000 in early March. The analyst said, “I’m not interested in Shotrs. “I will turn off my brain and wait for this setup to develop.” says.
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