Rally

Solana

Pepe

Chainlink

NEXT GEN PEPE

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/analyst-predicts-significant-rally-for-solana-and-other-altcoins/" data-wpel-link="internal">Analyst Predicts Significant Rally for Solana and Other Altcoins</a><br></p>
<p style="text-align: justify">Known by the nickname Inmortal, a leading cryptocurrency analyst made bold predictions about popular altcoins like <a href="https://en.coin-turk.com/solana-hits-new-annual-highs-as-crypto-rally-expands/" data-wpel-link="internal">Solana</a> (SOL), suggesting it could experience an explosive rally of over 230%. The analyst also provided significant evaluations for altcoins such as Pepe (PEPE), Floki (FLOKI), and Chainlink (LINK).</p> 
<h2 style="text-align: justify" id="strong-expects-solana-to-peak-between-400-and-600-dollars-strong"><strong>Expects Solana to Peak Between 400 and 600 Dollars</strong></h2> 
<p style="text-align: justify">Sharing his latest <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">market</a> observations with his followers on the social media platform X, Inmortal expects Solana to reach an all-time high (ATH) by the end of summer and eventually see a cycle peak between 400 and 600 dollars.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-354885" src="https://coin-turk.com/wp-content/uploads/2024/05/Solana-SOL-Altcoin-Ralli.jpeg" alt="" width="2048" height="1029"></p> 
<p style="text-align: justify">Inmortal’s analysis suggests that Solana will consolidate before breaking its cross-resistance, paving the way for a rise to new ATHs. As known, Solana’s mainnet asset SOL last recorded its ATH at approximately 260 dollars in November 2021. Currently, Solana is trading at 178 dollars.</p> 
<h2 style="text-align: justify" id="strong-closely-monitoring-pepe-floki-and-link-strong"><strong>Closely Monitoring PEPE, FLOKI, and LINK</strong></h2> 
<p style="text-align: justify">Inmortal also highlighted the potential impact of Ethereum’s (ETH) recent rally on memecoins like PEPE and FLOKI. He emphasized that Ethereum’s movement would continue to provide the momentum needed for these altcoins to rise.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-354886" src="https://coin-turk.com/wp-content/uploads/2024/05/FLOKI-Altcoin-1.jpeg" alt="" width="2475" height="1243"></p> 
<p style="text-align: justify">The analyst particularly noted that FLOKI could rise to 0.000340 dollars, which corresponds to an increase of over 50% from its current price level of 0.000223 dollars.</p> 
<p style="text-align: justify">In addition to SOL and popular memecoins, Inmortal is also focused on Chainlink’s mainnet asset LINK. The analyst expects LINK to rise to 28 dollars if it can hold above the support level of 16 dollars on a three-day timeframe. At the time of writing, LINK is trading at 16.35 dollars, down 2% in the last 24 hours. According to Inmortal, if Chainlink’s community, often referred to as “Marines,” manages to keep the price above the indicated support level, a strong rally will be seen.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/analyst-predicts-significant-rally-for-solana-and-other-altcoins/" data-wpel-link="internal">Analyst Predicts Significant Rally for Solana and Other Altcoins</a></h5>

Analyst Predicts Significant Rally for Solana and Other Altcoins

Table of Contents

COINTURK NEWS

Other articles published on May 23, 2024

Bittensor price soars 13% as Grayscale Trust rumors circulate

Orderly Network Expands to Polygon PoS, Bringing Advanced Perpetuals Trading to Quickswap

Bitcoin Tests $69,000 Milestone

Arbitrum Faces Potential Price Drop Due to Increased Selling Pressure

BlockDAG’s Shibuya Keynote Sparks $30.8M Presale, Surpasses THORChain And Fetch.ai Developments

Ex-FTX CEO ends up in Oklahoma prison despite request from judge

Join our free newsletter for daily crypto updates!