A popular crypto trader believes that Avalanche (AVAX), a competitor to Ethereum, is poised to mirror Solana’s (SOL) recent price surge.
Avalanche (AVAX) on the Rise?
The analyst, known as Inmortal, shared charts showing similar price patterns for both SOL and AVAX. He believes that AVAX is currently in its “final setup” and could reach $42 after reclaiming a key support level at $27.
Solana (SOL) Expected to Break Out
Inmortal is also bullish on Solana itself, predicting that it will surpass Bitcoin and Ethereum in performance. He believes that SOL is on track to hit a new all-time high by the end of summer, potentially reaching $260 in September.
Floki (FLOKI) Gaining Momentum
In addition to his predictions for AVAX and SOL, Inmortal is also optimistic about Floki (FLOKI), a Dogecoin rival. He believes that FLOKI is slowly building momentum and could reach $0.00028 next month.
Disclaimer: This information is for educational purposes only and should not be considered investment advice. Always do your own research before investing in cryptocurrencies.
/p>
