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Home»ALTCOIN NEWS»If Solana reaches this price, it will be the final confirmation of the parabolic phase of the cryptocurrency: Macro expert Raoul Pal
ALTCOIN NEWS

If Solana reaches this price, it will be the final confirmation of the parabolic phase of the cryptocurrency: Macro expert Raoul Pal

By Crypto FlexsOctober 31, 20242 Mins Read
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If Solana reaches this price, it will be the final confirmation of the parabolic phase of the cryptocurrency: Macro expert Raoul Pal
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Macro expert Raoul Pal believes that if Solana (SOL) recovers key levels, it could be a sign that the broader cryptocurrency market has entered the most explosive phase of the cycle.

Real Vision’s CEO told his million followers on social media platform

“We are awaiting final confirmation from others as BTC price is well over $70,000. SOL is $185+.”

Source: Raoul Pal/X

Pal says a major cryptocurrency uptrend could begin soon, as SOL and other digital assets appear to be showing breakout patterns.

“I hope we can break through all these levels and live our lives. I am not buying or selling, just observing the market phase. A break of SOL above $185 would be enough to confirm the fruition phase (be careful as we are all mentally exhausted from the range failures of the last few months).”

Meanwhile, household name analyst Inmortal told his 217,800 followers on social media platform

“We want to identify future performers before they achieve good results. Well, SOL is one such performer. One of the few companies to fully recover from Friday’s decline…

“2027 is creating a new bear market with SOL reaching $1,200.”

video
Source: Immortal/X

At the time of writing, Solana is trading at $174, down 2.8% in the last 24 hours.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may suffer. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

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