• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Growth Forecast: Ethereum and Floki Poised for New Highs

Growth Forecast: Ethereum and Floki Poised for New Highs

user avatar

by Giorgi Kostiuk

2 years 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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Meta is Set to Launch a New Prediction Market App Named 'Arena'

chest

Meta is reportedly developing a new app called Arena that will allow users to make predictions on events using points instead of real-world cash.

user avatarJesper Sørensen

Meta's Previous Ventures into Crypto and Prediction Markets

chest

Meta has a history of engaging with crypto technologies, including its previous attempt at a prediction market with the Forecast app, which was launched in 2020 and shelved in 2022.

user avatarSatoshi Nakamura

TurboFlow Secures $6 Million Seed Funding from Pantera Capital

chest

TurboFlow has successfully raised $6 million in a seed funding round led by Pantera Capital, indicating strong investor interest in platforms that integrate prediction markets and trading infrastructure.

user avatarRajesh Kumar

Securitize and tZERO Enter Legal Battle Over Tokenized Securities

chest

Securitize and tZERO are currently engaged in a legal dispute in Delaware concerning the infrastructure for tokenized securities.

user avatarLucas Weissmann

Ted Pillows Releases New Report on Liquidation Data

chest

Ted Pillows has released a new report based on liquidation data, offering valuable insights into current financial trends.

user avatarFilippo Romano

Bitcoin's Leverage Reset Highlights Key Support Levels

chest

The latest leverage reset in Bitcoin has highlighted the 60,000 support area, prompting traders to evaluate market stability and potential weaknesses.

user avatarEmily Carter

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.