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Analyst Predicts SOL and AVAX Trends

Jul 29, 2024 #仮想通貨
Analyst Predicts SOL and AVAX Trendsコインチェーン 仮想通貨ニュース

This article provides insights from analyst Inmortal on the future price movements of Solana (SOL), Avalanche (AVAX), and Floki (FLOKI), detailing potential surges and investment opportunities.

Points

  • AVAX Surge: Predicted to reach $42 if it maintains above $27 support.
  • Solana Breakthrough: Expected to hit $260 by September.
  • Floki Potential: Forecasted to climb to $0.00028.
  • Investment Takeaways: Key points for investors to consider.

The analyst, known as Inmortal, discussed Solana’s potential to join upcoming market rallies. According to Inmortal, AVAX seems to mimic Solana’s price movements. Charts shared on social media platforms depict SOL and AVAX exhibiting similar trends, suggesting synchronized price behaviors. The analyst emphasized that AVAX is primed for a surge, targeting a price of $42 after surpassing the crucial $27 support level.

Can Solana Reach New Heights?

The analyst also provided insights on Solana, projecting a potential breakthrough of its current resistance level, potentially reaching $260 by September. Currently, Solana is priced at $175.14 after a 2% decline. The market cap for SOL is approximately $81 billion, with a trading volume of $2.87 billion. The analyst is optimistic about Solana’s ability to outperform both Bitcoin and Ethereum, predicting a new all-time high by the end of the summer.

Key Takeaways for Investors

Key points for investors to consider based on the analyst’s insights:

  • AVAX is expected to reach $42 if it can stay above the $27 support level.
  • Solana might hit $260 by September, potentially surpassing previous all-time highs.
  • Floki shows accelerated movement, with a target of $0.00028 soon.

Floki Price Predictions

Inmortal also analyzed Floki (FLOKI), a meme coin contending with Dogecoin. The analysis revealed that Floki’s price could climb to $0.00028 by next month. Currently, FLOKI stands at $0.000186 after a 6% drop, although it has seen a 0.69% rise over the past week.

解説

  • AVAX Surge: AVAX’s synchronization with Solana and the targeted price surge to $42 highlights a promising investment opportunity.
  • Solana’s Breakthrough: Solana’s potential to reach $260 by September makes it a strong candidate for significant returns, particularly with its recent performance and market cap.
  • Floki’s Potential: Despite being a meme coin, Floki’s predicted rise to $0.00028 suggests notable short-term gains for investors.