CandleFocus Analyst Says Top Ethereum Competitor To Plunge by Over 36% Before Bouncing Higher, Updates Outlook on Bitcoin
2024-09-07
Author: Content Editor
Crypto analyst Kaleo predicts that Solana (SOL) could experience a double-digit correction before rallying to new all-time highs, with a potential dip to around $80 followed by a surge past $263. Meanwhile, he suggests that Bitcoin (BTC) could dip to around $42,500, a decline of over 21%, but may experience a significant breakout after the US presidential election on November 5th, potentially soaring beyond $88,000 in early 2025. At the time of writing, Solana is trading at $125, down over 5% in the last 24 hours, while Bitcoin is trading at $53,906, down nearly 4% in the last 24 hours.
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