Inmortal strategist is giving his predictions for the digital asset market in the first few months of the year, including his Q1 outlook for Ethereum (ETH).
Inmortal said he believes Ethereum is poised for a strong rally this quarter:
“ETH is going to have a good Q1.”
ETH Price Chart | Source: Inmortal/X
Based on the chart analysis, he predicts that ETH could reach a new record high of $5,300 in March, while at the time of writing, the price of ETH is $3,663.
The analyst also believes that established altcoins and projects related to artificial intelligence (AI) will make a bullish wave in the next three months.
“In Q1:
1. ETH works better.
2. SOL increased by +300$
3. AI Tokens Rise Strongly
4. Memes perform worse
5. Dino coin is having good growth momentum.”
While the analyst believes that memecoin will not see a major price surge in Q1 of this year, he believes that Floki (FLOKI) will be an exception.
“Belief in the memecoin leader: FLOKI.”
Pepe (left) and Floki (right) price charts | Source: Inmortal/X
Based on the chart, it appears that Inmortal is predicting that FLOKI will mirror the price trend of Pepe (PEPE) in late 2023 and early 2024, when the Ethereum-based memecoin will surge after months of sideways trading. The trader predicts that FLOKI will reach a new all-time high of $0.0005 before the end of Q1 2024.
Source: https://tapchibitcoin.io/trader-du-bao-eth-va-floki-se-tang-manh-trong-quy-1.html