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Solana (SOL), Cardano (ADA) And Another Ethereum Competitor To See Bull Run Soon, Per Crypto Analyst

1 Aug, 20223 min readAnalytics
Solana (SOL), Cardano (ADA) And Another Ethereum Competitor To See Bull Run Soon, Per Crypto Analyst

One of the well-known crypto strategists and traders who is anonymously known as Pentoshi, is forecasting a bullish stance on Solana (SOL), Cardano (ADA) and Polygon (MATIC) price.

Pentoshi, who has a fanbase of 590,000 on Twitter is of the opinion that Solana (SOL) which is a smart contract ecosystem is just a step closer in seeing a surge of 40% from its present trading price.

He says that if Solana hits above $45, then we could see a massive pump.

Think $SOL has fresh air above hereClose above $45 and prob turbo pumps — Pentoshi (ex macro threadooorrr) (@Pentosh1) July 30, 2022

At the time of writing, Solana is trading at $42.53 with a plunge of 3.32% over the last 24hrs.

Cardano (ADA) Price

The next currency that has gained the trader’s attention is Cardano (ADA), another Ethereum competitor. Analyst feels that if ADA successfully claims the price area near $0.55 will push the currency to see a jump of 25%.

$ADA closes today up here then next resistance on table — Pentoshi (ex macro threadooorrr) (@Pentosh1) July 30, 2022

Currently, Cardano, followed by a plunge of 2.45% is selling at %0.517.

Polygon (MATIC) Price

The next in the list is Polygon (MATIC) , a Blockchain scaling solution. According to Pentoshi, if Polygon (MATIC) price climbs above $0.98 then the currency will make a move towards $1.30.

$MATIC It's at resistance, however a clean breakout leads to the sitting peng — Pentoshi (ex macro threadooorrr) (@Pentosh1) July 30, 2022

At the time of publication, Polygon (MATIC) is valued at $0.91 with a drop of 3.15% over the next 24hrs.

Ethereum Price To Reclaim $1,700 Mark ?

The analyst concludes his analysis with Ethereum, a leading altcoin. The researcher alerts his followers that if Ethereum (ETH) fails to ignite the price run above $1,700 then we could see a price correction.

imagine if cattles are being distributed on and to in regards to $ethwe plant the seeds of doubtlike the other tweets, this would be poeticif true of coursecattle are well fed, what if it's time to harvest that sweet sweet meat at the butcher? — Pentoshi (ex macro threadooorrr) (@Pentosh1) July 30, 2022

At the moment, Ethereum is trading at $1,692 after a downfall of 0.16% in the last 24hrs.

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