The crypto currency market is closely followed by analyst Inmortal’s market evaluations. Analyst, Ethereum $2,411.27He said that (ETH) has a strong potential in the near term. Social media platform X in his statements to 232,300 followers in his statements on the three -day graphic appearance, similar to the market movements at the beginning of 2020, he said.
The possibility of 2020 similar rally in Ethereum
Inmortal said Ethereum was traded between $ 100-200 five years ago and then fell to $ 86 with a sudden decline. Starting from these low levels, the rally moved Ethereum to $ 4,868, the highest level of all time. The analyst pointed out that a similar price movement may still be experienced today and that the past can repeat.
Inmortal: “History sometimes repeats.”
Inmortal, by evaluating the current market structure, Ethereum could follow a horizontal course in the short term and a rise towards $ 3,800 next month could begin. Currently Ethereum is trading around $ 2,479.
Record levels are targeted in Solana
Analyst Inmortal also made evaluations about the solenda (left), one of the leading crypto currencies except Ethereum. Solana said he could experience a pause in the next few weeks. However, after this process, he estimated that a new wave of rise in Solana could reach a level of $ 320.
Inmortal: “$ 180 is an important level, but it won’t take long to overcome this threshold. Then $ 320.”
Currently, solana is traded for $ 165. Analyst thinks that new records may be possible, especially if the $ 180 level is exceeded.
The upper levels in Bitcoin are on the agenda
Analyst Inmortal, Bitcoin (BTC) $102,915.01 He also expressed the expectation of rise in the long run. It predicts that new record levels can be seen in the band of 102,000 and $ 120,000. Bitcoin was traded for $ 103.244 at the time of publication of the news.
Inmortal: “102,000 to 96,000 and then 120,000 dollars.”
In the general approach of the analyst, forecasts that Ethereum, Solana and Bitcoin can show a positive course in the coming period.
These analyzes may be guiding for investors and participants in the decentralized financial market. Since analysts’ predictions have not yet been realized, investors are advised to take their own evaluations. The analyst draws attention to various price levels based on technical analysis and past price movements. In addition, due to the volatil nature of crypto markets, rapid changes in prices should be kept in mind. It is important to get professional opinions before investing.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.