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Macro guru Raoul Pal believes that if Solana (SOL) reclaims a key level it may signal the broader crypto market has entered the most explosive phase of the cycle.
The Real Vision CEO tells his one million followers on the social media platform X that if Solana turns $185 into support other digital assets may start to soar along with it.
“With BTC well over $70,000, I’m looking for the final confirmations from some others. SOL over $185.”
Pal says that a massive crypto uptrend may soon begin since SOL and other digital assets appear to be printing breakout patterns.
“Hopefully we can break all these levels and get on with our lives. Im not buying or selling, just observing market phases. SOL breaking $185 is enough for me to confirm the fruit phase (we are all a bit mentally burned by the range failures over the last months hence caution).”
Meanwhile, pseudonymous analyst Inmortal tells his 217,800 followers on the social media platform X that Solana may emerge as a top performing digital asset and soar to four-figures.
“Before a good run, you want to identify the future out performers. Well, SOL is one of those out performers. One of the few that fully recovered the Friday dip…
The year is 2027, SOL is making a new bear market low at $1,200.”
Solana is trading for $174 at time of writing, down 2.8% in the last 24 hours.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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