Analyst Says ‘Teleport’ Rally for Ethereum Incoming, Updates Outlook on Solana, FLOKI and One Additional Altcoin
A crypto strategist known for accurately calling the 2021 digital asset cycle top believes Ethereum (ETH) is on the verge of an explosive move to the upside. The analyst pseudonymously known as Pentoshi tells his 884,200 followers on X that ETH may increase more than 15% its current value in the coming weeks after a period of price consolidation. “ETH maybe a little chopsolidation but then we see it teleport above $5,000 in the next couple weeks in my opinion. A little patience goes a long ways here.” Source: Pentoshi/X ETH is trading for $4,314 at time of writing, down 2.9% in the last 24 hours. Next up, he says that Solana (SOL) may soon print new all-time highs if the ETH rival breaks through resistance in the mid-$200 range. “SOL very similar to ETH in that sense.” Source: Pentoshi/X SOL is trading for $219 at time of writing, down 1% on the day. Looking at Floki (FLOKI), the analyst says the memecoin may be printing a bullish pat...