Cryptocurrency analyst Kaleo predicts a massive rally for Avalanche (AVAX), an Ethereum competitor.
Echoes of 2021 Bull Run
Kaleo compares AVAX’s current price action to its behavior in July 2021, which preceded a 733% surge. He believes AVAX is at a similar point, suggesting a potential breakout to $99.87.
Dogecoin’s Parabolic Ascent
The analyst also forecasts a parabolic rise for Dogecoin (DOGE) against Bitcoin. He predicts DOGE could surpass $0.27.
Altseason on the Horizon
Kaleo believes the broader cryptocurrency market, known as altseason, will begin once Ethereum breaks through a key resistance level against Bitcoin.
Cautions and Disclaimers
The analyst emphasizes that his opinions are not investment advice. Investors are urged to conduct their own research before making any high-risk investments in cryptocurrencies.