A prominent crypto analyst predicts significant recoveries for Ethereum (ETH) and Solana (SOL), dismissing earlier bearish expectations.
According to the analyst, Ethereum appears to have hit a local bottom and is now set for substantial gains.
I apologize – I don’t know who took over my account and posted that bs about $1400 last Friday
The yellow line is cursed.
The white line in this thread has been goated and will continue to be goated.
Run it back. pic.twitter.com/qHrjuHmEk9
— K A L E O (@CryptoKaleo) September 9, 2024
The analyst’s chart suggests Ethereum could climb to $4,400, up from its current price of $2,383.
For Solana, the analyst anticipates a new all-time high after the token stabilized at $120.
The forecast indicates that Solana might reach around $400, with its current value at $135.63.
Looking ahead, the analyst is optimistic about the final quarter of the year, expecting a strong bullish trend in the crypto market.
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Commerzbank, one of Germany’s largest financial institutions, is making a significant move into cryptocurrency by offering Bitcoin and Ethereum trading services to its corporate clients.