A prominent analyst predicts major rallies for Solana, Terra and Qtum.

The person known in the industry as Kaleo told his 393,800 Twitter followers that Ethereum competitor Solana (SOL) has broken out of a downtrend and is currently in the early stages of a major recovery.

“So far, SOL is moving as planned.”

The source: Kaleo / Twitter

According to the analyst’s chart, SOL could rise to $ 300, a potential increase of nearly 80% from its current price of $ 168.

Another coin on Kaleo’s radar is Terra’s payment network for decentralized finance (DeFi). According to Kaleo, Terra is showing signs of strength in the Bitcoin (LUNA / BTC) pair after breaking above the descending wedge, a pattern that often results in the continuation of an uptrend.

“LUNA / BTC. Prepare for the explosion. “

The source: Kaleo / Twitter

From the current price of 0.0009 BTC ($ 44.37), Kaleo expects the pair to gain more than 122% to meet its target of 0.002 BTC ($ 98.61).

Kaleo is also looking at QTUM, a blockchain platform for businesses. QTUM appears poised to move higher after converting previous long-term resistance to support, Kaleo said.

“QTUM looks pretty good. Break past the multi-year trading range and complete the retest on the uptrend. It seems ready for a new rally. “

The source: Kaleo / Twitter

You can see the coin prices here.

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Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.

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