Crypto CasinosNewsIs Solana Poised for a Historic Rally? Analyst Highlights Patterns and Predicts Massive Gains
In the ever-evolving landscape of crypto communitypatterns from the past often provide tantalizing clues about the future. A closely followed analyst, known in the digital sphere as Inmortal, has sparked interest among his 214,700 followers on the social media platform X with a bold prediction regarding Solana (SOL), a leading smart contract platform. Here's a breakdown of the insights and predictions that have the cryptocurrencyty buzzing.
Solana's Bullish Signals
Inmortal's analysis points to Solana's performance on the two-day chart, where the cryptocurrency appears to be forming a series of bullish higher-low setups. This pattern is strikingly similar to the one observed in the second to third quarter of 2021, just before Solana embarked on a parabolic rise from $24 to an all-time high of $259, marking an impressive 979% increase. Based on this observation, Inmortal suggests that SOL could be on the verge of another monumental rally, potentially soaring to a new record-high around $500. At the time of this writing, SOL is trading at $159.
Beam and TokenFi: Altcoins with Potential
Beyond Solana, Inmortal is bullish on Beam, a gaming altcoin. The analyst's charts indicate that BEAM could climb above $0.03 after establishing $0.016 as a solid support level. Currently, BEAM is trading at $0.0175, showing signs of upward movement.
Turning attention to TokenFi (TOKEN), the native asset of the RWA protocol, Inmortal highlights a bullish setup after the altcoin reclaimed support at $0.08. The analyst's optimism is partly based on speculation around the approval of an Ethereum ETF, which could significantly benefit tokenization and RWA projects. "TOKEN is one of my favorites," Inmortal notes, with TOKEN currently valued at $0.0816, marking a 13% increase on the day.
Engaging the Community
These analyses offer a fascinating glimpse into the potential future movements of SOL, BEAM, and TOKEN, sparking discussions and engagement within the crypto community. As always, market predictions come with their uncertainties, and investors are encouraged to conduct thorough research and consider various market factors before making investment decisions.
What do you think about these predictions? Are you bullish on Solana, Beam, or TokenFi? Join the conversation in the comments below and don't forget to follow us on X, follow us on X, Facebook,r more insights and updates.
