Cryptocurrency analyst Raoul Pal is very optimistic about Solana (SOL) and Ethereum (ETH). He shared his bullish outlook with his over a million followers on X.
Solana’s Stellar Chart
Pal says Solana’s weekly chart is incredibly bullish. He believes that once it breaks through a resistance level, its price will increase rapidly. At the time of writing, Solana is trading around $240, with Pal suggesting a potential target above its all-time high of over $260.
Ethereum’s Potential Rally
Pal also sees a bright future for Ethereum. He predicts a significant price increase if it breaks out of a symmetrical triangle pattern on its weekly chart. He suggests two possibilities: a slight pullback before the surge or a direct breakout. Ethereum is currently trading at approximately $3,913.
Disclaimer: This information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before investing in cryptocurrencies.
