Raoul Pal Says This Crypto Is Getting 'Very Interesting' As It Soars 85% Against Ethereum This Year

Comments
Loading...

Raoul Pal, a former Goldman Sachs executive and a macroeconomic guru, said Solana's chart is getting "very interesting" - with its value already up 85% this year.

What Happened: Pal compared SOL with Ethereum ETH/USD which is up 168% in 2023.

“SOL is also rhyming a lot with ETH back in 2019,” Pal tweeted.

See More: Top Indian Apps That Give Bitcoin, NFT Rewards 

Last week, Pal noted that Ethereum’s inverse chart is displaying a clear ‘GMI crash pattern.’ According to Pal, a break of the $2,000 level would be the final confirmation that the pattern is in motion.   

He said that Ethereum could reach $10,000 by 2024. “I don't see any reason why it's not about $10,000. I see no reason at all. So, you know, that's a decent upside from here.” He said this during an interview with Altcoin Daily.

Read Next: Bitcoin Nears $25K, Ethereum, Dogecoin Spike: Analyst Sees Apex Crypto Hitting $40K Before 'Harsh Correction' This Year

Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!