Ethereum to Skyrocket? Analyst Predicts Big Gains After Dip

A popular crypto analyst is predicting a huge surge for Ethereum (ETH) later this year.

Ethereum’s Big Comeback?

The analyst, known as Inmortal, believes that Ethereum is currently in a correction phase, but this will lead to a massive price increase starting in October. He predicts Ethereum will reach a new all-time high of around $8,000 by the end of 2024.

Solana Struggling

Inmortal is less optimistic about Solana (SOL), another popular cryptocurrency. He says SOL needs to break through the $160 mark to avoid a further price drop.

Floki’s Bullish Setup

The analyst is also keeping an eye on Floki (FLOKI), a meme token. He sees a potential bullish pattern that could lead to a price increase similar to what happened in April 2024.

Disclaimer: This information is for general knowledge and not financial advice. Always do your own research before investing in cryptocurrencies.