A crypto analyst believes that Solana (SOL) has seen its last major dip for the current market cycle.
Solana’s Bullish Momentum
Analyst Inmortal predicts that SOL bulls have successfully defended support at $120. He suggests that the altcoin is poised to rally to a new 2024 high of $320.
Memecoins to Join the Rally
Inmortal also anticipates a surge in three memecoins alongside Solana:
- Floki (FLOKI): Predicted to rise from $0.00017 to $0.00025 this month.
- Seedify.Fund (SFUND)
: Expected to rally to $6 in the coming months.
Technical Analysis
Inmortal’s charts indicate that:
- FLOKI has retested the 200 MA and reclaimed support at $0.00015.
- SFUND is consolidating support at $2.60.
Disclaimer
The analyst’s predictions are not investment advice. Investors should conduct their own research before making any high-risk investments in cryptocurrencies.
