Ethereum Expected to See Parabolic Growth After Dip; Analyst Reviews Solana and FLOKI

Crypto strategist Inmortal predicts Ethereum (ETH) is poised for a parabolic surge by year-end despite the current market correction. 

On social media, Inmortal suggests Ethereum will consolidate between $4,000 and $2,800 in the near term. Before beginning a year-long rally in October. The goal: a new all-time high around $8,000. 

Meanwhile, Inmortal warns about Solana (SOL), noting it needs to surpass $160 to avoid further decline. For meme token Floki (FLOKI), Inmortal sees bullish potential similar to April 2024 patterns. FLOKI currently trades at $0.000135, down over 10% in the last day, while Ethereum stands at $2,903, down 4% on the day.

Clever Robot News Desk 10th July 2024

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