Analyst Predicts Avalanche Will Follow Solana’s Surge – Here is His Target
23.07.2024 19:30 1 min. read Alexander Stefanov
A well-known crypto analyst predicts that Avalanche (AVAX), a competitor of Ethereum (ETH), is set to mirror Solana's (SOL) recent upward movement.
The analyst, who goes by the name Inmortal, points out that AVAX is displaying similar price trends to SOL, showing a pattern of consistent growth.
Muscle memory, long and strong. pic.twitter.com/jmqLsNekgb
— Inmortal (@inmortalcrypto) July 22, 2024
Inmortal’s analysis suggests that Avalanche is nearing a significant breakout, with a target price set at $42. Currently, AVAX is trading around $32, showing a minor decline.
Inmortal is also optimistic about Solana, forecasting that it will outperform both Bitcoin (BTC) and Ethereum (ETH).
He anticipates that Solana could hit a new all-time high by the end of summer, potentially reaching $260. As of now, SOL is priced at $178.31.
-
1
Bitcoin Holds Above $100K, But Analyst Sees Trouble Brewing
07.06.2025 17:00 1 min. read -
2
South Korea’s New President Pushes for Domestic Stablecoins
11.06.2025 16:00 2 min. read -
3
Is a New Altcoin Cycle Brewing in 2025?
13.06.2025 12:00 1 min. read -
4
Pi Token Squeezes Higher After Brief Collapse—Path to $10 Still Murky
16.06.2025 14:00 1 min. read -
5
SEC Postpones Decision on Franklin Templeton Ethereum ETF Staking Proposal
17.06.2025 8:00 1 min. read
Top Trending Cryptocurrencies Today
As crypto markets navigate another week of volatility and shifting sentiment, traders are increasingly turning their attention to emerging altcoins and high-momentum tokens.
First-Ever Staked Crypto ETF Set to Launch in the U.S. This Week
A new milestone in cryptocurrency investment products is set to unfold this Wednesday, as REX Shares prepares to launch the first-ever U.S.-listed staked crypto exchange-traded fund (ETF), according to a company announcement shared on X.
XRP Price Prediction: Can XRP Hit $4 After XRPL EVM Sidechain Launch?
XRP (XRP) has gone up by 1.2% in the past 24 hours but, behind that mild price increase, there has been a significant spike in trading volumes. During this period, $2.4 billion worth of XRP has exchanged hands, representing an 83% increase. Just hours ago, Ripple announced the official launch of its Ethereum-compatible sidechain called […]
Ethereum Launches Onchain Time Capsule to Mark 11th Anniversary in 2026
A community-driven initiative launched Monday is inviting Ethereum users to lock art, memories, and personal messages inside a decentralized “time capsule,” set to be opened on the network’s 11th anniversary next year.
-
1
Bitcoin Holds Above $100K, But Analyst Sees Trouble Brewing
07.06.2025 17:00 1 min. read -
2
South Korea’s New President Pushes for Domestic Stablecoins
11.06.2025 16:00 2 min. read -
3
Is a New Altcoin Cycle Brewing in 2025?
13.06.2025 12:00 1 min. read -
4
Pi Token Squeezes Higher After Brief Collapse—Path to $10 Still Murky
16.06.2025 14:00 1 min. read -
5
SEC Postpones Decision on Franklin Templeton Ethereum ETF Staking Proposal
17.06.2025 8:00 1 min. read