An experienced crypto analyst predicts significant rebounds for both Ethereum (ETH) and Solana (SOL).
Beginning with Ethereum, known as a top smart contract platform, analyst Kaleo informs his 647,300 followers on X that his previous bearish outlook for ETH is no longer applicable.
He shares a chart indicating that ETH has likely hit a local bottom and is now preparing for substantial price surges.
“The yellow line has been broken.
The white line shown here has been performing well and is expected to continue doing so.
Let’s go for it.”
From the trader’s chart, it appears that Ethereum could reach $4,400 in the near future. Currently, ETH is priced at $2,383.
Regarding Solana, Kaleo presents a chart indicating that SOL is on track to achieve a new all-time high after holding support at $120.
“The white lines have consistently shown the way. Let’s go for it.”
According to the analyst’s chart, SOL is expected to reach a new high of around $400. Currently, SOL is valued at $135.63.
Kaleo also suggests that the fourth quarter will be particularly bullish for the crypto market after a prolonged correction phase in the past six months.
“Uptober is going to be exciting. Upvember will be even better.”
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