A popular crypto analyst is predicting some serious price jumps for a couple of cryptocurrencies. Let’s dive into their predictions.
Ethereum’s “God Candle”
According to a social media analyst with over 200,000 followers, Ethereum (ETH) is poised for a massive price surge, what they’re calling a “god candle” breakout. They see a similarity between ETH’s current chart and Bitcoin’s (BTC) price action before its recent surge. While ETH is currently struggling to break through the $4,000 resistance, the analyst believes a significant breakout is imminent, potentially pushing ETH close to its all-time high of around $4,800. ETH is currently trading at approximately $3,892.
Floki to the Moon?
The analyst also has high hopes for the memecoin Floki (FLOKI). They believe FLOKI is forming a symmetrical triangle pattern, suggesting a breakout is on the horizon. This breakout could send FLOKI to a new all-time high of $0.00038. Currently, FLOKI is trading at around $0.000219.
Solana’s Potential
Finally, the analyst also sees positive movement for Solana (SOL), predicting a break above its resistance level, leading to a rally towards $300. SOL is currently priced at approximately $222.60.
Disclaimer: This information is for entertainment purposes only and is not financial advice. Always do your own research before investing in cryptocurrencies. Investing in crypto is risky, and you could lose money.
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