Macro guru Raul Pal says if Solana (SOL) regains significant levels, it could signal that the broader crypto market has entered the most explosive phase of the cycle. That's what I think.
Real Vision's CEO tells his 1 million followers on social media platform
“We are looking for final confirmation from others as BTC is well above $70,000. SOL is above $185.”
Pal says that a major cryptocurrency uptrend could soon begin as SOL and other digital assets appear to be showing a breakout pattern.
“Hopefully we can break through all these levels and get on with our lives. I'm not buying or selling, I'm just observing market phases. SOL breaking above $185 is enough to confirm the achievement stage for me (we're all a little mentally scarred from the range failures of the last few months, so be careful).
Meanwhile, pseudonymous analyst Immortal told his 217,800 followers on social media platform X that Solana could emerge as a top-performing digital asset and soar to four digits.
“Before you get into the strong performance, you want to identify the future outperformers. SOL is one of those standout performers, one of the few who has fully recovered from Friday's drop…
In 2027, SOL is looking to break below the new bear market at $1,200. ”
Solana is trading at $174 at the time of writing, down 2.8% in the past 24 hours.
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