A cryptocurrency strategist who follows closely believes that one memecoin is poised to witness a mostly bullish price movement.
Household analyst Inmortal told his 212,700 followers on social media platform
Inmortal shares a chart that suggests FLOKI failed after the meme token regained the key support level around $0.00015.
“The prices follow my squiggles perfectly. Floki I got pumped on 4/20. Don’t underestimate the power of memes. Now the KEY level and above will rise soon.”
Looking at the trader’s chart, he seems to be hinting that FLOKI will surge above $0.0002. As of this writing, FLOKI is worth $0.000178.
Next, Inmortal is updating its outlook on Solana (SOL). Analysts predicted that SOL would consolidate for a month before falling below $100 in late May, convincing traders that Solana’s bull rally was over. At that point, Inmortal believes SOL will trigger a steep rally closer to $200.
“Chop chop chop, trap, up.
brush.”
As of this writing, SOL is worth $157.
Another coin on the list of traders is the native asset of the modular blockchain network Celestia (TIA). Inmortal believes that TIA will be one of the fastest horses when the market strengthens again. He shares a chart that suggests TIA will eventually regain support at $11 before bouncing back to $17.
“When good conditions return… I think TIA is a coin I want to run long.
For now, let’s just let the price develop. Clean break / Higher lowest price / Approval of $11 or more is confirmation
Setting a clear deviation.”
As of this writing, TIA is valued at $11.57, above Inmortal’s confirmation level.
The last coin on Inmortal’s radar is Beam (BEAM), a blockchain-based gaming network. Traders believe BEAM is set to retest support at $0.027 before surging above $0.032.
“This is what I wanted. I plan to start adding to my bag… Solid deviation + reps.”
As of this writing, BEAM is trading at $0.031.
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