The analyst predicts Solana’s rally, FLOKI, DOGE and PEPE’s surge

• A famous cryptocurrency analyst made a bold prediction about Solana (SOL) and backed three memecoins to continue growing.
• The analyst defined the current SOL phase as “the last drop ever”, predicting a new all-time high of $320.

A popular crypto analyst known by the name Inmortal on Platform X has shared a bold prediction about Solana (SOL). The analyst who has a following of around 213,300 followers argued that SOL will reach a new all-time high in the coming months.

According to him, the altcoin is going through its “last drop ever” and will reach a new high of $320. However, he urges bulls to defend the $120 support to maintain a short-term bullish outlook.

At the time of writing, SOL is trading at $146 after a 7% correction in the last 24 hours. The altcoin is still in the green zone, after recording a 21% increase in the last 7 days.

If SOL reaches expected levels, this would offer a potential gain of 110% for any investor taking a position at current prices. This bullish outlook is shared by other top experts and investors. Like CNF reportedInstitutions also support rival Ethereum. Franklin Templeton championed Solana’s success, highlighting its rapidly growing ecosystem.

The Solana ecosystem continues to grow, with technical analysts predicting that Jito (JTO) and Jupiter (JUP) will embark on a bullish rally, and the Pyth oracle network is preparing to exit the bearish cycle.

The crypto analyst supports FLOKI, DOGE and PEPE

Crypto analyst Inmortal went on to point out that after SOL, memecoins will experience a bullish period. The analyst reveals that if SOL stages a bullish breakout, a trio of memecoins, namely FLOKI, DOGE and PEPE, will also strive to repeat the recent highs.

He explains:

IF SOL goes up, THEN FLOKI, DOGE, PEPE also go up.

Particularly interested in FLOKI

Deviation + Repeat test + 200 MA
>A little late.

In the first quarter of 2024, memecoins led the bullish trend with FLOKI, SHIB, DOGE, and PEPE posting notable gains.

Floki (FLOKI), in particular, is on the radar of traders who believe it is showing bullish signs. After testing the 200-day moving average on the eight-hour chart and finding support at $0.00015, the trader expects a short-term drop to $0.00017 followed by a rally to $0.00025 at the end of this month.

Another coin on traders’ radar is Seedify.Fund (SFUND). This is an incubator and launchpad specializing in blockchain games. The dealer Notes that its price is testing a 578-day accumulation again, for the second time. Consolidating his position at the $2.60 level as support, the analyst expects a rally that will end with the altcoin reaching $6.

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