A distinguished analyst predicts a new all-time excessive for Ethereum competitor Solana (SOL) and inventory alternate token FTT, saying {that a} meme is in the midst of an outbreak.

The particular person recognized within the business as a wise contracter advised his 158,800 followers that whereas SOL has simply hit a new all-time excessive, its growth might not be over.

In his opinion, a 130% improve in Solana from its present price of $ 66.15 is not unreasonable. Using Elliott Waves – the prediction of price actions primarily based on the sentiment of the group manifesting in waves – sensible contracter provides a price estimate of $ 150 for Solana after a bullish impulse.

“A break above SOL’s ATH seems to be like an prolonged wave 3 of a bullish impulse. In my opinion, $ 150 is not unreasonable. ”

The supply: Smart Contracter / Twitter

The analyst additionally applies Elliott Wave Theory to FTT, the native token of the FTX alternate. According to him, FTT has accomplished 4 of its 5 bullish waves and is now able to bounce again to round $ 60.

“In my opinion, FTT has concluded wave 4 with the ABC construction. Price has already began wave 5 and will quickly attain a new ATH. ”

The supply: Smart Contracter / Twitter

Smart Contracter additionally mentioned that “the token meme is very strong right now,” so he saved an eye fixed on Shiba-Inu (SHIB), DOGE’s junior.

He thinks DOGE has had some energy prior to now few weeks so SHIB will probably observe swimsuit.

“Breakthrough SHIB”.

The supply: Smart Contracter / Twitter

You can see the BTC price right here.

Disclaimer: This article is for informational functions solely, not funding recommendation. Investors ought to analysis fastidiously earlier than making a choice. We should not accountable for your funding selections.

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According to Dailyhodl

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