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Home»ALTCOIN NEWS»Trader Says Massive Ethereum Rivals Will Explode More Than 180% This Cycle, Updates Outlook on Floki and Chainlink.
ALTCOIN NEWS

Trader Says Massive Ethereum Rivals Will Explode More Than 180% This Cycle, Updates Outlook on Floki and Chainlink.

By Crypto FlexsMarch 16, 20242 Mins Read
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Trader Says Massive Ethereum Rivals Will Explode More Than 180% This Cycle, Updates Outlook on Floki and Chainlink.
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A widely respected analyst and trader is offering his predictions for three cryptocurrency assets.

Starting with the 5th largest cryptocurrency asset by market capitalization, an analyst known by the pseudonym Inmortal says 209,800 followers on social media platform

Ethereum rose from a low of less than $90 in March 2020 to an all-time high of less than $5,000 recorded in November 2021.

According to Inmortal, Solana could rise approximately 182% from current levels at its current price. If the fifth-largest cryptocurrency asset had reached Inmortal’s cycle high target, Solana would have recorded gains 60 times its December 2022 low.

“The previous cycle ETH went from $80 to $4,800.

This cycle SOL will go from $8 to $480.”

Transform into the immortal FLOKI Called This means that memecoin is experiencing vertical accumulation, i.e. a situation where the price of the asset is gradually rising while trading within a range.

According to a chart from an anonymous analyst, Inmortal appears to be suggesting that FLOKI could bounce back in a parabolic fashion after breaking its all-time high of just under $0.00034.

Source: Immortal/X

FLOKI is trading at $0.000247 at the time of this writing.

Next is the blockchain oracle Chainlink (LINK). Depending on the LINK may be preparing for a second rally, according to an anonymous analyst.

According to Inmortal’s chart, analysts see LINK rising about 68% from current levels to a price of $32.

Source: Immortal/X

Chainlink is trading at $19 at the time of this writing.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may incur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

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