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Cryptocurrency News Articles

This altcoin is following Solana (SOL) with a “long and strong muscle memory”!

Jul 25, 2024 at 01:50 am

As you have been following from Kriptokoin.com, after the leading crypto Bitcoin started to recover, Mt. Gox payments, it has come under a bearish stare again.

This altcoin is following Solana (SOL) with a “long and strong muscle memory”!

As the cryptocurrency market continues to experience volatility, investors and traders are keeping a close eye on the movements of various digital assets. In the latest development, a prominent crypto analyst has shared his predictions for the upcoming period, highlighting an Ethereum competitor that is poised to closely follow Solana's recent rise. Additionally, the analyst has provided his targets for two altcoin projects that he is bullish on.

Inmortal Tracking the footsteps of Solana: This altcoin …

As you have been following from Kriptokoin.com, the leading cryptocurrency Bitcoin started to recover after the Mt. Gox payments began to be closely watched by the bear. However, the market continues to show resistance. In this atmosphere where morale is still high, analyst Inmortal nicknamed the smart contract platform,十字架coin (AVAX) is following Solana (SOL) with a “long and strong muscle memory”. In this context, the analyst shares two graphics to show the same price patterns of SOL and AVAX.

The analyst also notes that AVAX has entered its “final setup” and is currently targeting $42. According to his chart, the analyst predicts that AVAX will rally after reclaiming an important support level of $27. Meanwhile, AVAX was trading at $30.23 at the time of writing, down 1% on a daily basis. On its weekly chart, the altcoin was up 7.36%.

Analyst Expects New ATH from Solana!

Inmortal also sees bullishness in leading altcoin Ethereum rival Solana itself. “SOL outperforms BTC and ETH and is ready to move higher, a new all-time high is possible by the end of summer,” the analyst said. According to his chart, the analyst predicts that SOL will eventually break above its diagonal resistance and rise to $260 in September this year. Meanwhile, SOL was trading at $178.31 at the time of writing, up 1.4% on a daily basis. The altcoin is up nearly 11% on its weekly chart.

Inmortal: FLOKI slowly slowly, targeting $0.00028!

Inmortal is also bullish on Dogecoin (DOGE) rival Floki Inu (FLOKI). The analyst says the meme coin is “slowly gaining momentum”. According to his chart, the analyst predicts that FLOKI will jump towards the $0.00028 level next month. Meanwhile, at the time of writing, FLOKI was trading at $0.0001866, down 0.3% over the past day. However, the altcoin saw a 1.28% increase on its weekly chart.

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Original source:kriptokoin

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Other articles published on Oct 19, 2026