Ethereum and Solana Poised for Rallies to New All-Time Highs, Analyst Predicts

Analyst’s Bullish Predictions for Ethereum, Solana, and Floki

Ethereum’s Potential Breakout to $5,000

A prominent crypto strategist anticipates significant price movements from top layer-1 cryptocurrencies Ethereum and Solana. Inmortal, a well-regarded analyst, asserts that Ethereum is currently experiencing a consolidation phase before embarking on a path towards new all-time highs. His chart indicates a potential surge for Ethereum to reach $5,000, as the coin appears to have formed a solid foundation around the $2,800 mark.

Solana’s Impending New All-Time High

Inmortal’s analysis also extends to Solana, suggesting that the coin is primed to achieve a new all-time high following a breakout from a symmetrical triangle structure. Solana is currently trading at $235, inching closer to its previous peak of $259.96.

Optimism for Floki Token

Additionally, the analyst expresses optimism towards meme token Floki, projecting a rally to $0.00035 after surpassing resistance at $0.00024. With Floki currently priced at $0.000256, the analyst anticipates notable growth in the token’s value.

By tracking technical analysis patterns, Inmortal provides insights into the potential upward trajectories for Ethereum, Solana, and Floki in the evolving crypto market landscape. Investors and enthusiasts closely monitor these developments as the market dynamics continue to shift and influence trade decisions.