Inmortal sees Ethereum rally to $4,100

Popular crypto analyst Inmortal has predicted a significant rally for Ethereum (CRYPTO:ETH), suggesting the cryptocurrency could rise by 75% to reach $4,100. 

With a following of 217,500 on Twitter (X), Inmortal pointed out that Ethereum recently broke through a key horizontal resistance level on lower time frames. 

He emphasized, “ETH is leading. Resistance is forming below classic consolidation, along with higher lows,” indicating a strengthening upward trend. 

In addition to Ethereum, Inmortal drew parallels between Solana’s (CRYPTO:SOL) current price movement and its consolidation phase in 2021. 

Back then, Solana traded below $60 before surging to an all-time high of $259. 

Solana could see a similar upward trajectory if these patterns hold, according to the analyst. 

Inmortal also mentioned the meme token Floki (CRYPTO:FLOKI), which he believes is preparing for a breakout. 

He forecasted that Floki could climb to $0.00021, marking a potential substantial gain. 

While meme tokens carry higher risks, Inmortal noted that they could provide attractive returns for risk-tolerant investors. 

The analyst described Ethereum as a slower but more reliable investment option in comparison. 

Solana’s potential rise could serve as an additional bullish indicator for Ethereum, supporting its forecasted rally. 

Inmortal’s insights point to favorable conditions in the market for these assets. 

Inmortal’s predictions suggest that market participants should stay attentive to these trends. 

While Ethereum and Solana may offer more steady growth, the potential breakout of Floki provides high-risk, high-reward opportunities.

At the time of reporting, the Ethereum price was $2,535.87.