A popular crypto analyst, known as Inmortal, has shared some bullish predictions for Solana, Bitcoin, and Stacks.
Solana’s Potential Breakout
Inmortal believes Solana (SOL) is showing signs of a significant price increase. He points to a bullish pattern on the daily chart, suggesting a potential rise of over 18% from its current price. He forecasts SOL reaching $240, then retracing to around $210 before another push towards its all-time high of $263. At the time of writing, SOL is trading at $219.
Bitcoin’s Next Move
After Bitcoin (BTC) briefly dipped below $90,000 and then rebounded above $100,000, Inmortal predicts a short-term correction to around $95,000 later this month. However, he anticipates a subsequent surge to as high as $127,000 by February. BTC is currently trading at $104,569.
Stacks’ Bottoming Out?
Finally, Inmortal suggests that the Bitcoin layer-2 project, Stacks (STX), may have hit bottom. He sees a “swing failure pattern” (SFP) as a potential reversal point, along with other positive chart indicators. He predicts STX could rise to approximately $2.80. STX is currently trading at $1.68.
Disclaimer: These are predictions from a single analyst and should not be considered financial advice. Always do your own research before investing in cryptocurrencies.
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