Holloway has made West Yorkshire outfit Leeds his dark horses for the 2016-17 campaign and has praised club chairman Massimo Cellino for appointing Garry Monk as the new head coach.
“These are my dark horses for the season,” the former Millwall boss told Sky Sports while predicting a sixth-placed finish for Leeds.
“Well done, Mr Cellino - you've made your best ever signing in Garry Monk. No-one was applauding louder than me when he appointed Monk.
“He was a huge part of what Swansea achieved - he'll build an identity and a way of playing at Leeds United. It's what the fans deserve.”
Leeds have not featured in the Premier League since 2004 and have become also-rans in the Championship in recent years.
However, this season could be different, especially with Monk in charge and the Whites being quite busy in the summer transfer window already.
Striker Marcus Antonsson, goalkeeper Robert Green and attacker Kemar Roofe have been signed by Leeds on permanent contracts.
Defender Kyle Bartley and midfielder Matt Grimes have joined the Whites on loan from Swansea City, while attacker Hadi Sacko has also moved on a loan deal from Sporting Lisbon.
Holloway has also predicted Sheffield Wednesday to finish in the Championship playoffs this season.
The former Bristol Rovers boss believes that the Owls will end up as high as fifth in the standings during the 2016-17 campaign.
“I can only see Wednesday spending more money and getting better,” Holloway told Sky Sports. “They’ll have to deal with more expectation, but I can see them growing as a football club.
“It was a privilege to see them progress last season. It's amazing what togetherness can do. They could easily finish higher, but finishing fifth would be no mean feat.”
Wednesday reached the Championship playoff final last season where they lost 1-0 to Hull City.