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Ethereum, Solana, and Floki expect a bullish rally

12:41 pm, November 20, 2024

A well-known crypto analyst under the pseudonym Inmortal has released a forecast for the future growth of Ethereum ETH $2,193.75 Bridged Ether (StarkGate) 0.95% Market capitalization $39.03 million VOL. 24 hours $0.3 billion , Solana SOL $87.07 Binance-Peg SOL 1.19% Market capitalization $95.84 million VOL. 24 hours $0.12 billion , and the meme cryptocurrency Floki FLOKI $0.00003206 FLOKI 2.33% Market capitalization $0.31 billion VOL. 24 hours $1.75 million .

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

$77,716.12

0.69%

ETH

$2,193.75

0.95%

BNB

$654.60

0.14%

XRP

$1.42

1.37%

SOL

$87.07

1.19%

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