dailyhodl.com
Widely followed crypto analyst and trader Inmortal says that one Dogecoin (DOGE) rival is in the early stages of a lengthy rally.
The pseudonymous analyst tells his 232,000 followers on the social media platform X that Dogecoin competitor Floki ($FLOKI) is just beginning its ascent.
“+40%, no dips.
We are just getting started.”
Earlier this month, Inmortal predicted that “god candles” would be coming for $FLOKI.
At time of writing, $FLOKI is trading at $0.000079 and is down 77% from its all-time high.
Inmortal also has his eye on Solana ($SOL). According to the trader, next month will decide whether the top Ethereum ($ETH) rival can pull off a bullish reversal. The trader believes that Solana may either print a bullish higher low setup or continue its downtrend next month.
“You can’t imagine how important May is.
In the next 30 days, we will have a pretty clear answer:
Bear market bounce or bull market dip.”
The trader recently told his followers that Solana is already outperforming $ETH in the latest market bounce this month.
“$SOL outperforming $ETH in this bounce. Obvious clues as to which out-performer will be when the bull run resumes.”
At time of writing, $SOL is trading at $149.82 while Ethereum is worth $1,799.
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