One of the most closely watched crypto traders believes that Solana is (SOLThis market cycle just saw its final significant correction.
Inmortal is a pseudonymous social media analyst who tells his 213300 followers via the platform X, that SOL bulls are successfully defending support at $120.
A trader shared a chart that suggested the altcoin was poised for a new high in 2024 at $320.
“Last dip ever.
SOL.”
SOL’s current value is $153.45, which suggests a potential upside of almost 110%, if it reaches the target set by the analyst.
Inmortal has also predicted that three memecoins are likely to rise alongside Solana. The trader keeps a keen eye on Floki.FLOKIThe chart, which is a eight-hour time frame ( ), looks positive after it retested the 200 MA and claimed support at $0.00015.
Inmortal predicts that FLOKI’s price will drop to about $0.00017, before it surges to $0.00025 in the second half of this month.
“If SOL rises, then FLOKI Doge and PEPE also go up.”
FLOKI is a great choice for those who are interested in FLOKI
> Deviation + Retest + 200 MA
> A bit lagged.”
FLOKI currently trades at $0.000179.
Seedify.Fund is another coin that traders are looking at.SFUND(), an incubator, launchpad and gaming platform specializing exclusively in blockchain. According to an analyst, SFUND has been working on securing $2.60 as a level of support.
“Retesting an accumulation of 578 days, for the 2nd time.
This is something you do not see every day.
SFUND.”
The trader predicts that SFUND’s price will rise to $6 over the coming months. SFUND was trading for $2.65 at the time this article was written.
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