Inmortal, a well-known analyst in the cryptocurrency world, Ethereum (ETH)$ETH
and announced that it expects new record highs for Solana (SOL). Inmortal, which also made positive predictions for meme token Floki (FLOKI), predicts Floki to reach $ 0.00035. However, it was emphasized that caution should be exercised considering the volatile nature of crypto markets.
Inmortal stated that Ethereum has found strong support below the $2,800 level, and this level is a suitable base for ETH to start a new uptrend. Currently trading at $3,113, Ethereum is 36% lower than its peak. According to the analyst, Ethereum will reach new highs after a short consolidation period and he expressed his expectation of this by saying, “Simple structure, simple trade, simple life.” Stating that Ethereum’s technical indicators give positive signals, Inmortal said that this base increases ETH’s potential.
Immortal, Solana (SOL)$SOL
He also made a promising assessment for . Drawing attention to its recent performance, the analyst stated that Solana broke the symmetrical triangle formation and started to rise and is heading towards a new peak. Currently trading at $235, SOL is only 9% behind its all-time high. Inmortal expressed its future expectations by saying, "Send Solana to a new record level."
Meme token Floki (FLOKI)$FLOKI
Inmortal, which also put forward an optimistic view for Floki, predicted that it will reach the $0.00035 target after breaking the resistance level of $0.00024. FLOKI, which is currently traded at $0.000256, is expected to continue this upward momentum. Inmortal stated that Floki has attracted attention with its recent performance and said, "Floki is a candidate to be a strong player in this market."
While these predictions from Inmortal are exciting for investors, it is a reminder that caution should be exercised due to the high volatility of crypto markets. The rapidly changing structure of the markets can pose significant risks in investment decisions. Therefore, investors are advised to closely follow market developments and shape their strategies accordingly. Although such predictions in cryptocurrency markets provide guidance on future movements, the fact that market conditions can change suddenly should be taken into account. It is important for investors to conduct in-depth research and consider individual risk analysis before making a decision.