The popular crypto analyst believes that Ethereum is likely to experience a significant breakout rally, akin to a "god candle." The analyst points out similarities between Ethereum's current price action and Bitcoin's price action prior to its surge to new all-time highs. The analyst predicts that Ethereum could reach close to its all-time high of $4,800 following the breakout. The analyst also mentions the memecoin Floki, stating that it appears to be trading in a symmetrical triangle pattern and could break its diagonal resistance to reach new record highs. Additionally, the analyst observes Solana and expects it to surpass its diagonal resistance and rally towards $300.
- Content Editor ( dailyhodl.com )
- 2024-12-19
Trader Predicts ‘God Candle’ Breakout for Ethereum, Says New All-Time High Loading for One Memecoin