Altcoin Rallies Expected: Ethereum (ETH) and Floki (FLOKI)
A popular crypto strategist believes that Ethereum (ETH) and Floki (FLOKI) are set for significant rallies in the near future. The analyst predicts that ETH will continue to climb, while FLOKI has the potential to become a top-performing memecoin.
Ethereum’s Potential Rally
The crypto strategist, known as Inmortal, shares his insights on Twitter with over 206,500 followers. According to Inmortal, Ethereum is likely to soar to $4,800, representing a more than 36% gain from its current value.
Inmortal suggests that ETH could follow a similar price pattern to Bitcoin. As BTC returned to its all-time high from 2021, the analyst predicts that ETH will soon do the same.
Floki’s Memecoin Season
In addition to Ethereum, Inmortal also discusses Floki, a dog-themed cryptocurrency. The strategist believes that Floki has the potential to replicate Dogecoin’s success in 2021 as a top-performing memecoin.
Inmortal’s chart indicates that Floki could surpass the $0.0018 level in April, which would represent a staggering 1,465% increase from its current value.
However, it’s worth noting that Floki is currently trading at $0.000115 and has experienced a decline of over 22% in the last 24 hours.
Bull Market Outlook
Furthermore, Inmortal states that the crypto market has entered a bull market phase. The strategist expects prices to continue moving upwards for some time.
Inmortal compares the current market conditions to the days of price declines, highlighting that acceleration works in both directions. The strategist encourages crypto enthusiasts to enjoy the positive momentum.
Hot Take: Altcoin Rallies on the Horizon
The crypto strategist Inmortal predicts significant rallies for Ethereum (ETH) and Floki (FLOKI), as both cryptocurrencies show promising potential. While ETH is expected to follow a similar price pattern to Bitcoin, Floki has the chance to become a top-performing memecoin. The overall market sentiment remains bullish, indicating that prices will likely continue to rise in the near future.
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