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