Top Crypto Trader Says Ethereum Rival Solana Will Outperform Both Bitcoin and ETH – Here’s His Target

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A leading cryptocurrency trader and analyst claims an Ethereum (ETH) competitor appears poised to rise more than four times its current levels.

The pseudonymous trader named Smart Contract tells his 174,900 Twitter followers that Solana (SOL) will eclipse both ETH and Bitcoin (BTC).

Its target price is now $ 900 – an appreciation of over 360% from SOL’s current value.

The trader, who relies primarily on Elliot Wave theory, claims that Solana is bullish when paired with Ethereum, which is itself bullish when paired with Bitcoin.

Elliot Wave Theory is a method of identifying the direction of assets using crowd psychology, which tends to manifest on charts as a series of waves.

“Monthly reminder of $ 900 Solana (SOL) is not a joke, it will happen…

ETH / BTC looks bullish, SOL / BTC looks bullish, but SOL / ETH also looks bullish, so naturally SOL is my biggest bag and I think it outperforms BTC and ETH.

Source: smart entrepreneur / Twitter

According to CoinGecko, Solana is trading at $ 192 at the time of writing, down about 10% from its September high.

Smart Contract says he believes Solana’s recent resurgence is only in its infancy after altcoin broke through two key resistance levels.

“I managed to break SOL’s downtrends to two different degrees, this bad boy runs hard when he starts up and he’s only just starting here. “

Source: smart entrepreneur / Twitter

Top crypto trader says last month Solana started showing similar chart behavior to Binance Coin (BNB), which jumped over 1,600% to a record high between January and May of this year. .

He says that if Solana replicates BNB’s model, a price of $ 900 is in the cards.

“Same vibrations, same story…

If SOL follows BNB’s run, it can go up to $ 900. “

Source: Smart Contract / Twitter Don’t Miss a Beat – Subscribe to receive crypto email alerts straight to your inbox Follow us on Twitter, Facebook and Telegram Surf The Daily Hodl Mix Check no advice in investment. Investors should do their due diligence before making high risk investments in Bitcoin, cryptocurrency, or digital assets. Please note that your transfers and transactions are at your own risk and that any loss you may suffer is your responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in Affiliate Marketing.

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