Crypto Analyst Forecasts Significant Rallies for Ethereum and Solana in October, Expects a Thrilling Month Ahead
A popular crypto strategist is anticipating significant rebounds for Ethereum (ETH) and Solana (SOL). The analyst, known as Kaleo, has informed his large following on X that his pessimistic outlook for Ethereum is no longer applicable. He has posted a chart indicating that ETH has likely hit a local low and is preparing for substantial upswings. Kaleo’s chart suggests that Ethereum could surge to $4,400, with the current price standing at $2,383.
In the case of Solana, Kaleo has shared a chart indicating that SOL is on track to reach a new all-time high after maintaining support at $120. The chart suggests a potential rally for SOL to around $400, while its current value sits at $135.63.
Kaleo has also expressed optimism for the fourth quarter, labeling it as a bullish period for crypto following an extended corrective phase over the past six months. He mentioned, “Uptober is gonna be lit. Upvember will be even better.”
The predictions and insights provided by Kaleo have generated interest and excitement within the crypto community, with many looking forward to potential gains in Ethereum and Solana in the coming months.
It is essential for investors to conduct thorough research and analysis before engaging in high-risk investments in cryptocurrencies or digital assets. All trading activities carry inherent risks, and individuals should be cautious and responsible with their financial decisions.
