Analyst Predicts Strong Recoveries for Ethereum and Solana

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.

#Ethereum / $ETH

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.

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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.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.