Strategist Inmortal is making his predictions about the digital asset market in the early months of the year, including the Q1 outlook for Ethereum (ETH).
Inmortal stated that he believes Ethereum is preparing for a strong price surge this quarter:
“ETH is about to have a good Q1.”
ETH price chart | Source: Inmortal/X
Based on the analysis chart, he predicts ETH could reach a new record high of 5,300 USD in March, while at the time of writing, the price of ETH is 3,663 USD.
The analyst also believes that long-standing altcoins and AI-related projects will create a price surge in the next three months.
“In Q1:
1. ETH performs better.
2. SOL rises +300 dollars
3. AI tokens surge
4. Memes perform worse
5. Dino coin is on a good growth trajectory.”
Although the analyst believes that memecoins will not see a strong price surge in Q1 this year, he thinks Floki (FLOKI) will be an exception.
“Belief in the memecoin leader: FLOKI.”
Pepe price chart (left) and Floki (right) | Source: Inmortal/X
Based on the chart, it seems that Inmortal is suggesting that FLOKI will reflect the price trend of Pepe (PEPE) by the end of 2023 and early 2024, when this Ethereum-based memecoin surges after several months of stagnation. Traders predict FLOKI will reach a new all-time high of 0.0005 USD before the end of Q1 2024.
https://tapchibitcoin.io/trader-du-bao-eth-va-floki-se-tang-manh-trong-quy-1.html