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Growth Forecast: Ethereum and Floki Poised for New Highs

Growth Forecast: Ethereum and Floki Poised for New Highs

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by Giorgi Kostiuk

a year ago

A popular crypto analyst has made forecasts about potential surges in the cryptocurrencies Ethereum and Floki.

Ethereum Forecast

Pseudonymous analyst Inmortal shares with his 221,100 followers on the platform X that Ethereum (ETH) is preparing for a significant breakout known as a 'god candle'. He compares the current two-hour chart of Ethereum to the recent price action of Bitcoin (BTC). The analyst notes that Ethereum struggles to clear resistance at $4,000, just as BTC had trouble breaching $100,000. Based on his chart, ETH might climb to its previous all-time high of $4,800. At the time of writing, ETH is valued at $3,892.

Same price action, but with one difference. God candle after the breakout. ETH.

Floki Analysis

The trader also monitors the memecoin Floki (FLOKI), which he believes is trading in a symmetrical triangle pattern and is gearing up to break the diagonal resistance. At the time of writing, FLOKI trades at $0.000219, whereas the analyst predicts a jump to a new all-time high of $0.00038.

Second leg up – loading. New ATH – loading. Price discovery – loading. FLOKI.

Solana Prospects

Analyzing Solana (SOL), the analyst suggests that the Ethereum rival can break its diagonal resistance and reach $300.

Something like this. SOL.

The predictions by the crypto analyst generate significant interest among market participants, potentially bringing substantial changes to the values of cryptocurrencies like Ethereum, Floki, and Solana.

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Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.