Ethereum Poised for Explosive Move, Says Raoul Pal
Macro expert Raoul Pal believes Ethereum ($ETH ) is on the brink of a significant breakout, forming a bullish wedge pattern on its weekly chart. He anticipates that $ETH could either break out this month or pull back slightly before surging. Pal highlights that as the ISM Manufacturing Index rises, indicating economic health, Ethereum is likely to outperform Bitcoin ($BTC ). He notes that the current ETH/BTC ratio mirrors levels seen in 2017, showcasing Ethereum's resilience over time. With ETH trading at 0.03501 BTC ($3,354), the potential for upward movement is strong. As the market evolves, investors are keenly watching for this anticipated shift. Are you ready for Ethereum's next big move?
