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Home»Solana»A Crypto Analyst claims that one Ethereum rival is following in the footsteps of Solana (SOL)’s recent rally.

A Crypto Analyst claims that one Ethereum rival is following in the footsteps of Solana (SOL)’s recent rally.

Solana By Gavin23/07/2024
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One Ethereum ()ETHSolana (SOLA popular cryptocurrency trader says that the recent surge is a result of this.

Inmortal is a pseudonymous researcher. tells Avalanche’s smart contract platform Avalanche has 214.500 followers of his on social media platforms X.AVAXSOL is followed by “muscle memory, long and strong.”

A trader shows two identical charts of SOL and AVAX.

Source: Inmortal/X

AVAX is also noted by the trader as having entered “final setupHe is currently a. targeting $42.

Image
Source: Inmortal/X

A trader appears to have predicted that AVAX would rally following a reclaim of a crucial support level, $27.

Avalanche has fallen slightly in price to $32.01 at the time of this writing.

Solana himself is also a bullish subject for Inmortal.

“SOL outperforming BTC and ETH and ready to break out higher. New ATH (all-time high) at the end of the summer is likely.”

Image
Source: Inmortal/X

The crypto strategist appears to have predicted that SOL would eventually rise above the diagonal resistance to reach $260 by September this year.

SOL was trading for $178.31 when this post was published.

Inmortal has also been bullish about Dogecoin.DOGERival FlokiFLOKI). The trader says The meme asset is “slowly building momentum.”

Image
Source: Inmortal/X

Inmortal’s chart predicts that FLOKI may jump to $0.00028 in the next few months.

FLOKI’s value is $0.000194 at the time of this writing. This represents a drop of over 4% from yesterday.

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“This article is not financial advice.”

“Always do your own research before making any type of investment.”

“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”

Source: dailyhodl.com

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