A widely followed cryptocurrency analyst and trader is leaning bullish on a large-cap Ethereum (ETH) competitor while outlining the path forward for the Goatseus Maximus (GOAT) memecoin.

Starting with the Ethereum rival, the analyst pseudonymously known as Sherpa tells his 228,300 followers on the social media platform X that Solana (SOL) is set to surge due to robust network activity.

“SOL: this one will clearly break all-time highs and this is predictable given all of the on-chain action the last two weeks.”

Solana is trading at $174 at time of writing and would need to rally by over 49% to surpass the all-time high price of $260 that was recorded in November of 2021.

Turning to GOAT, the pseudonymous analyst predicts that the memecoin that has exploded by around 15x in a few weeks will reach a fully diluted value of $1 billion, a gain of around 50% from the current $667.8 million.

According to Sherpa, GOAT will be an “interesting one to view” following the launch of the memecoin’s perpetual contract on Binance earlier this week.

“If you’re in this from earlier, I think it’s probably smart to take some profit with the Binance futures listing. This should create a bunch of volatility and I think that there are a lot of unknowns with it.”

GOAT is trading at $0.694 at time of writing.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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A widely followed cryptocurrency analyst and trader is leaning bullish on one memecoin while giving his forecast on two layer-1 altcoins.

The analyst pseudonymously known as Bluntz tells his 287,700 followers on the social media platform X that Dogecoin (DOGE) is “still turbo strong.”

Based on Bluntz’s chart on the four-hour time frame, it appears that the pseudonymous analyst is suggesting that Dogecoin could skyrocket by nearly 60% to reach a price of $0.22.

At time of writing Dogecoin is trading at $0.138, up by over 20% in the past two weeks.

The widely followed analyst further says,

“Dogecoin is the new mega large cap market leader.

You may not have realized it just yet but you will soon.”

Next up is Solana (SOL). Bluntz says that despite recent bearish sentiment in the crypto market, Solana only moved slightly downwards and did not fall below a major resistance level that it recently overcame on the daily time frame, an indication of its strength.

“Chance of fakeout diminishing by the day.”

Solana is trading at $166 at time of writing.

Next up is Sui (SUI). The pseudonymous analyst who regularly applies the Elliott Wave theory in his technical analysis says that Sui could be on the cusp of reaching a new all-time high in a five-wave pattern after a correction. According to the Elliott Wave theory, the main trend of the price of an asset moves in a five-wave pattern while a correction occurs in a three-wave pattern.

Based on Bluntz’s chart, it appears that the analyst is suggesting that Sui could hit a price of $2.80, about 48% above the current price.

Sui is trading at $1.89 at time of writing.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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A closely followed crypto strategist and trader thinks Ethereum (ETH) is gearing up to ignite big breakout rallies.

Pseudonymous analyst Inmortal shares a chart with his 217,500 followers on the social media platform X suggesting that Ethereum will see one final dip before sparking a 75% surge to his target of $4,100.

“Call me crazy, but I think ETH is a good SPOT trade here.

Slower than SOL, but safer.” 

Zooming in on Ethereum, Inmortal notes that ETH has already broken out of its horizontal resistance on the low time frame.

“ETH showing the way.

Classic consolidation below resistance + higher lows.” 

At time of writing, Ethereum is trading for $2,668.

Turning to Ethereum challenger Solana, Inmortal shares a chart suggesting that SOL is mirroring its 2021 price action when it witnessed a lengthy consolidation period before a massive eruption.

“SOL.” 

In 2021, SOL consolidated for months below $60 before breaking out and rallying to its all-time high of $259. At time of writing, SOL is worth $166.

The analyst is also tracking the price action of the meme token Floki (FLOKI). According to Inmortal, FLOKI is flashing multiple bullish higher-low setups indicating that the memecoin is preparing for a breakout.

“It’s all right. We have the mountain now.

Consolidation below resistance + higher lows? This will end soon.

FLOKI go brrrr season.” 

Based on the trader’s chart, he seems to predict that FLOKI will jump to $0.00021. At time of writing, FLOKI is trading at $0.000151.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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