Macro Guru Raoul Pal Says One Ethereum Rival Could Be Gearing Up To Outperform ETH As Chart Hints at Rallies

RaoulPal, CEO of RealVision and macro expert, believes Solana (SOL) could outperform Ethereum (ETH).

Former Goldman Sachs executive To tell He believes that SOL is likely to “very well” if the recent highs for ETH are removed.

“SOL / ETH broke the channel and fixed it. It’s not yet clear if it will exceed ETH, but it could be very successful if we remove the recent highs.

In the last 4 weeks I’ve built a decent long SOL (and added ETH), but the SOL is much smaller, but it’s still important. “

For prices in dollars, Pal To tell SOL looks like the head and shoulders are upside down. This is a technical analysis pattern that shows a big reversal in the downtrend.

“No doubt, in SOL it looks like the head and shoulders are upside down …”

A pseudonym trader known as Cantering Clark is also bullish on Ethereum challengers. Analysts tell 140,500 Twitter followers that proper market conditions could help organize Solana’s large rally after SOL has removed both diagonal and horizontal resistance.

“If the market keeps this push by ETH, SOL will rip much higher. A bunch of open interest and risk tagged on the way down from $ 50 to $ 40. As it bottomed out in the short term. It can be seen and torn. “

Pseudonym analyst Pentoshi is also optimistic about crypto assets.Last week he Said His 587,000 Twitter followers say that if SOL breaks $ 42, it will be $ 58-60, “probably $ 80”.

SOL is trading at $ 45.96 at the time of writing. Cryptocurrency assets, which rank 9th in market capitalization, have increased by about 13% in the last 24 hours and by more than 38% in the last 7 days.

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