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Analyst Says Ethereum Rival Could Skyrocket by Over 130%, Updates Outlook on Dogecoin and Solana

cryptoinfo-now.com by cryptoinfo-now.com
1 March 2024
in Altcoin
0
Analyst Says Ethereum Rival Could Skyrocket by Over 130%, Updates Outlook on Dogecoin and Solana

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A broadly adopted cryptocurrency analyst and dealer is forecasting the trail ahead for 3 crypto belongings.

Beginning with the Ethereum (ETH) competitor Avalanche (AVAX), the analyst pseudonymously often called Kaleo tells his 622,700 followers on the social media platform X that the native token of the layer-1 blockchain may go up by roughly 134% from the present degree.

“Initially was anticipating AVAX to tear to $60 – $70 for the subsequent leg up, however with the way in which Bitcoin has been transferring just lately I wouldn’t be shocked if we see a transfer straight to $100+ just like what Solana did a short time in the past.”

Supply: Crypto Kaleo/X

Avalanche is buying and selling at $42.65 at time of writing, up by round 14% over the previous seven days.

Subsequent up is Dogecoin (DOGE). The broadly adopted crypto analyst and dealer says that the main memecoin may recognize towards Bitcoin (BTC) in a “violent transfer”.

Supply: Crypto Kaleo/X

Dogecoin is buying and selling at 0.00002028 BTC ($0.127) at time of writing.

Subsequent up is Solana (SOL). According to Kaleo, Solana may recognize by round 15% from the present degree. Primarily based on the pseudonymous analyst’s chart, it seems that he’s suggesting that the important thing ranges for Solana are round $80 as a help zone and $150 as a resistance zone.

Supply: Crypto Kaleo/X

Solana is buying and selling at $130 at time of writing.

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Disclaimer: Opinions expressed at The Day by day Hodl should not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal threat, and any loses you could incur are your duty. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please be aware that The Day by day Hodl participates in internet online affiliate marketing.

Generated Picture: DALLE3



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