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Crypto Outlook Addressed By Raoul Pal

Source: PIxabay

Raoul Pal addresses new crypto outlook. The crypto market is trying hard to recover following the latest price losses, and things are looking great today.

New crypto outlook is out

Real Vision CEO Raoul Pal believes that the crypto markets have likely been through the worst of it, and that a turn in macro conditions may be around the corner.

The macro guru said that the low for crypto is “probably” in, citing major gains since the Three Arrows Capital saga began.

He is also looking closely at Ethereum, Pal also points out that non-fungible tokens (NFTs) are on the rise yet again on the leading smart contract platform.

“NFTs are rising in ETH volumes and floor prices are rising too for good, trusted projects. Bottoms in crypto are not usually a straight line higher and there is often a big gut check at some point or sideways range for a few months after an initial recovery. Let’s see…”

New ETH price prediction is out

It’s been revealed that an important crypto analyst believes that the leading smart contract platform Ethereum (ETH) is gearing up for a massive rally as it begins to flash signs of strength.

Pseudonymous crypto strategist Altcoin Sherpa said not too long ago that he sees a huge surge incoming for Ethereum in the coming weeks after ETH took out its resistance at $1,281.

It’s important to note the fact that the crypto analyst is bullish on top altcoin in the short term, he warns that the rally won’t likely be the start of a fresh bull cycle.

At the moment of writing this article, the most important coins are trading in the green.

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