A well-known cryptocurrency analyst is making a bold prediction about the potential of Avalanche (AVAX) and Solana (SOL) in the crypto market. Kaleo, a trader with a large following on social media, believes that AVAX has the potential to rise by over 84% against Bitcoin (BTC). He points to a bullish flag pattern on the daily chart, indicating that AVAX could reach a value of 0.000950 BTC ($62.13). Currently, AVAX is trading at 0.000515 BTC ($33.89), down more than 3% in the last 24 hours.

In addition to AVAX, Kaleo also sees potential in Solana. He predicts that SOL could experience a significant surge against Bitcoin (SOL/BTC) due to a bullish pattern of higher high prices and higher low prices on the daily chart. He believes that SOL/BTC could soon surpass the 0.0032 BTC ($209) level. Currently, SOL/BTC is trading at 0.00243 BTC ($160), up more than 3% in the last 24 hours.

Lastly, Kaleo suggests that Dogecoin (DOGE) could experience a breakout based on a pattern observed in 2021. He notes that after the meme stock GameStop (GME) reached its market top, Dogecoin started to rally. With GME experiencing a recent rally followed by a retracement, Kaleo believes that DOGE is overdue for a significant increase in value. Currently, DOGE is trading at $0.15, showing slight gains in the last 24 hours.

It’s important to note that the opinions expressed by Kaleo are not investment advice, and investors should conduct their own research before making any high-risk investments in cryptocurrencies. As always, trading involves risks, and any losses incurred are the responsibility of the individual. The Daily Hodl, where this information was sourced, does not endorse the buying or selling of any cryptocurrencies and is not an investment advisor.