As the cryptocurrency market tries to gather strength to move forward, investors are looking for suitable options. An analyst with a large following shares his predictions to give an idea. Analyst says two Ethereum rivals are about to make a big breakout against Bitcoin. Additionally, the analyst names an altcoin for which he expects strong runs.
Kaleo predicts AVAX will show strength against BTC!
cryptokoin.comAs you follow from , the market looks unstable. Leading crypto Bitcoin faced a sell-off at $66,000 and is trying to maintain this level. On the altcoin front, there is a mixed outlook. Some tokens like LINK are seeing double-digit gains, while others are content with more modest gains. The popular analyst, nicknamed Kaleo, shared his latest predictions with his 638,000 followers on the social media platform X. Analyst says smart contract platform Avalanche (AVAX) could rise more than 84% from its current value against BTC. In this context, the analyst said, “AVAX/BTC: I may be crazy, but I believe AVAX will go higher from here.” says.
Based on its chart, the analyst predicts that AVAX/BTC is drawing a bull flag pattern on the daily chart. In this vein, he suggests that it will soon reach 0.000950 BTC ($62.13). Meanwhile, AVAX/BTC is trading at .000555 BTC ($36.89) at the time of writing, up more than 7% in the last 24 hours.
The analyst is sure of Solana: Do not fight the power!
Then, the analyst predicts that ETH rival Solana is about to rally against Bitcoin (SOL/BTC) after drawing a bullish pattern of higher highs and higher lows on the daily chart. In this regard, the analyst makes the following statement:
He believes that SOL/BTC could soon surpass the 0.0032 BTC ($209) level. Solana is still one of the smartest long plays on the market. Don’t fight the power.
Meanwhile, SOL/BTC is trading at 0.002528 BTC ($167.88) at the time of writing. Additionally, the pair increased by approximately 4% in the last 24 hours.
Kaleo: It’s time for this altcoin!
Finally, the analyst predicts Dogecoin (DOGE) will breakout based on a 2021 pattern in which memecoin rose after rising memecoin stock GameStop (GME) reached a market top. cryptokoin.comAs you follow from , GME had a big rally this week. However, it has since withdrawn. The analyst shares the following assessment for DOGE:
I’ll simplify this for you. Here is the chart of Dogecoin versus GME. You may not remember this, but it was GameStop that led the way in early 2021. It wasn’t until the top that DOGE started shipping. Dogecoin is overdue for a good pump. It’s almost time.
Meanwhile, DOGE was trading at $0.1534 at the time of writing. The altcoin has increased slightly in the last 24 hours.
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