The cryptocurrency market has been attracting the attention of many investors lately, and analysts are using various methods to predict the future performance of different digital assets. In this context, a popular crypto analyst made an optimistic prediction that Solana (SOL) and Litecoin (LTC) will achieve significant rallies.
Inmortal, one of the popular analysts operating in the cryptocurrency market, attracts the attention of investors by making important predictions about the future performance of digital assets. Inmortal has made a number of predictions that point to major rallies for Solana (SOL) and Litecoin (LTC), two of the crypto assets it focuses on.
According to Inmortal’s analysis, Solana’s value could reach up to $360 by the beginning of 2025. With the chart he prepared to support this prediction, the analyst predicts that Solana will rise to around $100 towards the end of this year and then make major gains in the second half of 2024. Solana, as an altcoin that stands out with its sixth place by market capitalization, excites investors about its future growth potential.
SOL is trading at $63.11. According to CoinGecko, the altcoin reached its all-time high of $260 in November 2021.
Another focus of Inmortal’s analysis is Litecoin. It is estimated that Litecoin, known as a peer-to-peer payment network, could reach up to $90 in early 2024. Litecoin is known as a digital asset that offers the advantage of speed and low cost, especially in payment transactions, and Inmortal’s predictions reflect optimism about the future adoption potential of this altcoin.
LTC is trading at $73.70 at the time of writing.
In addition, the analyst also considers the leading crypto Bitcoin (BTC). is evaluating and says there may be a drop in BTC price this week. Inmortal also points out a possible level for the long position:
“If we experience a decline in BTC this week, 38,000 is where I want to go long.”
At the time of writing, BTC is trading at $43,692, its highest level since April 2022.
You can follow the current price movement here.