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Ethereum, Solana, and Floki expect a bullish rally

November 20, 2024 · 12:41 pm 2 min read

A well-known crypto analyst under the pseudonym Inmortal has released a forecast for the future growth of Ethereum ETH $1,882.72 Ethereum 0.01% Market capitalization $227.21 billion VOL. 24 hours $0.32 billion , Solana SOL $75.60 Solana -0.70% Market capitalization $44.04 billion VOL. 24 hours $91.82 million , and the meme cryptocurrency Floki FLOKI $0.00002033 FLOKI -1.17% Market capitalization $0.2 billion VOL. 24 hours $743.53 thousand .

According to the analyst, Ethereum is currently in a stage of short-term consolidation before jumping to new historical highs.

Currently, ETH has formed a solid base below the $ 2,800 level. This will become the basis for a further trend that will bring Ethereum to $ 5,000.

Photo: Inmortal/X

At the time of writing, Ethereum is trading at $ 3,123, with a market capitalization of $ 376.13 billion and daily sales of $ 27.89 billion.According to the analyst, Solana is ready to set a new historical high. After all, SOL managed to break through the symmetrical triangular formation, which is usually a positive signal for continued growth.

Photo: Inmortal/X

At the time of writing, Solana is trading at $ 238.20, with a market capitalization of $ 113.11 billion and daily sales of $ 6.82 billion.The crypto strategist also points to the Floki meme token as one of the most promising players. The analyst expects FLOKI to rise to $ 0.35 after breaking through the resistance level of $ 0.24.

Photo: Inmortal/X

At the time of writing, Floki is trading at $ 0.2 452, with a market capitalization of $ 2.36 billion and daily sales of $ 559.90 million.The analyst is confident that Ethereum, Solana, and Floki show strong technical signals for growth. If Inmortal’s forecasts come true, it could be a new wave of optimism in the crypto market.

BTC

$63,532.93

-0.18%

ETH

$1,882.72

0.01%

BNB

$610.64

-0.27%

XRP

$1.01

-1.70%

SOL

$75.60

-0.70%

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