Cryptocurrency NewsEthereum NewsGlobal Crypto NewsLatest News

Macro Guru Raoul Pal Drops Bullish News About ETH

Macro Guru Raoul Pal reveals important news about the price of ETH. Check out the latest reports about this below.

Raoul Pal drops bullish news about the price of ETH

According to the latest reports, the Real Vision CEO Raoul Pal says he is bullish on the leading smart contract platform Ethereum (ETH) after a month-long market correction.

The former Goldman Sachs executive says in a new strategy session that ETH could be setting the stage for a major run to the upside.

“I’m really bullish. I look at the chart. The chart looks great. It feels like we’ve just had this nice kind of month-long correction. I am looking at the ETH [chart], but you can use any of the charts. I don’t know what it is, but there’s one thing that’s just going to trigger this.”

He continued and said the following:

“I then went back and looked at all the other previous pick-ups from the low and then versus stuff like Amazon back in 2003-04. I look at all of this stuff and normally it always goes higher and faster than people expect. And then corrects.”

Pal sets price targets of between $2,000 to $3,000 for an Ethereum run to the upside. On the other hand, he made sure to say the fact that the price of ETH could go even higher since Ethereum is burned when used in transitions, making it more scarce.

At the moment of writing this article, ETH is trading in the green, and the coin is priced at $1,690.

A crypto analyst known for accurately calling Bitcoin’s (BTC) 2018 bottom believes that bullish price actions are in store for Ethereum (ETH), and more altcoins. Here are his predictions.

Pseudonymous analyst Smart Contracter said recently that Ethereum rival Fantom looks ready for an uptrend after completing its corrective move down and breaking out of a diagonal resistance.

Related posts
Cryptocurrency NewsEthereum NewsGlobal Crypto NewsLatest News

ETH DeFi Altcoin Exploded 81% In A Week

Altcoin NewsCryptocurrency NewsGlobal Crypto NewsLatest News

Crypto Whales And Smart Money Accumulate ETH-Based Altcoin

Cryptocurrency NewsEthereum NewsGlobal Crypto NewsLatest News

Analyst Predicted Ethereum Rival To Explode By Over 90%

Bitcoin NewsCryptocurrency NewsEthereum NewsGlobal Crypto NewsLatest News

Bitcoin Outshines Ethereum Ahead Of Shanghai-Capella Upgrade Slated For April 12th

Send this to a friend