Inmortal, a seasoned crypto analyst and trader known for his expertise, has forecasted a bullish scenario for three altcoins including Chainlink (LINK), Beam (BEAM), and Floki (FLOKI). With a significant following on social media platform X, Inmortal has provided valuable insights into potential rallies for these altcoins on his watchlist, sharing price targets and optimal entry points for investors. Despite short-term fluctuations, the analyst remains long-term bullish on these altcoins.
Positive Outlook for LINK and BEAM
The first altcoin on Inmortal’s list is Chainlink (LINK), with the analyst expecting a significant rise from its current trading price of $18.30 to $26.
Additionally, the analyst anticipates a temporary dip in LINK, suggesting a scenario where it could potentially rise to $15 before the expected upward movement begins. This forecast could provide investors with an opportunity to accumulate LINK in the $15-17 range, enhancing their positions in the altcoin.
Similarly, Inmortal expects a rise in the gaming-focused altcoin project Beam (BEAM), predicting a potential surge of over 100%. The analyst added that before any significant rise, BEAM could see a potential drop below its current price of $0.032. He emphasized that especially if the price drops to $0.027, it would offer an attractive entry point for investors.
680% Surge Predicted for FLOKI
In addition to LINK and BEAM, Inmortal has highlighted Floki (FLOKI) as an altcoin to watch closely. Comparing FLOKI to its major competitor Dogecoin (DOGE), the analyst pointed out the altcoin’s superior performance during the current market cycle.
With FLOKI trading at $0.00023, Inmortal expects it to enter a significant uptrend, mirroring DOGE’s price action during the previous bull market. The analyst forecasts a substantial rise for FLOKI to its all-time high of $0.0018, representing an approximate 680% increase from current levels.
