One cryptocurrency strategist believes altcoins in the top 10 could rise by more than 350%.
Pseudonym analyst Inmortal says The new price target for Solana (SOL) is $600, according to 207,800 followers on social media platform X.
He also predicted that Bitcoin (BTC) could reach $120,000 and Ethereum (ETH) could reach $10,000.
immortal words,
“BTC: $61,940 ~ $120,000 = 94%
ETH: $3,420 ~ $10,000 = 192%
SOL: $132 ~ $600 = 355%”
The trader previously said that SOL could go parabolic in 2021, similar to how ETH reached its all-time high (ATH). He also predicted that ETH would outperform SOL in the near term, but that “SOL will be the leader again.”
According to the trader, Solana could first confirm the bullish momentum by shifting key resistance levels to the first major price targets of $120-$130 and then $190-$200.
That person is changing too optimistic Dog-themed cryptocurrency Floki (FLOKI) suggests it could follow in the footsteps of Dogecoin (DOGE) rival Pepe (PEPE) and climb higher.
“PEPE is pumped. Next is Floki. Muscle memory, contagion. Call it what you want, it will work.”
Looking at the charts, traders suggest that FLOKI could remain strong and print a similar price pattern to PEPE after both memecoins hit new December highs.
PEPE is trading at $0.000003968 at the time of writing, up 47% in the last 24 hours, while FLOKI is trading at $0.00008957 at the time of writing, up over 69% in the last 24 hours.
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