‘Stupid Bullish’: Real Vision CEO Raoul Pal on SOL in Long-Term

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As a seasoned analyst with over two decades of experience in the financial markets, I find myself intrigued by Raoul Pal’s latest picks for long-term investments in the crypto space. Given my extensive background in macroeconomics and hedge fund management, I can appreciate his keen eye for spotting trends that others might miss.

In this case, his bullish stance on Solana (SOL) resonates with me, as I’ve seen similar patterns in other high-growth assets throughout my career. The fact that he identifies the $250 resistance level as a key factor for SOL’s potential skyrocketing is something I would definitely keep an eye on. If Solana can hold above this level, it could indeed reach the Fibonacci target of $410 mentioned by Pal and his followers.

On the other hand, I find it interesting that despite some concerns about selling pressure and token unlocks in Q1 2025, the global Solana (SOL) community remains optimistic with upcoming airdrops of Sonic (SONIC) and Jupiter (JUP). This resilience is something I’ve seen in many high-growth communities over the years, where the collective belief in the project can drive prices higher.

However, it’s important to remember that no investment is without risk, and Solana (SOL) is no exception. As a responsible analyst, I always remind myself (and others) to approach any investment with caution and do thorough research before making decisions.

Lastly, I can’t help but chuckle at the irony of Solana’s Winternitz Vault, which aims to protect against quantum computing attacks, while its own price could potentially be influenced by the collective power of human “quantum leaps” in optimism and belief. Just goes to show that sometimes, the most powerful forces in finance are not always found in silicon chips or complex algorithms, but in the collective minds of investors.

Notable macroeconomist Raoul Pal, head and founder of Real Vision media company, consistently selects his top picks for extended time periods. Among his current selections, Solana (SOL) appears notably robust, while Sui (SUI) is poised to surge following its breakthrough of a significant resistance at $4.88.

Raoul Pal, the CEO and founder of Real Vision media, often chooses investments for long-term periods. Right now, he thinks Solana (SOL) looks very strong, while Sui (SUI) is set to increase after breaking through a major barrier at $4.88.

Real Vision CEO is optimistic about Solana (SOL): See chart

On extended time periods, Solana (SOL), the fifth-largest cryptocurrency in terms of market capitalization, appears to have a “strongly bullish” outlook. This optimistic perspective was expressed by Raoul Pal, a former hedge fund manager and co-founder of Real Vision, a financial news platform.

The long-term SOL chart is stupid bullish…

— Raoul Pal (@RaoulGMI) January 3, 2025

On a logarithmic chart, Pal marked the most robust barrier preventing the Solana (SOL) surge for more than four years. To propel Solana to unprecedented heights, it’s crucial to maintain prices above its November 2021 peak of around $250.

Supporters of Pal concurred with the economist’s viewpoint and suggested that the next Fibonacci level (1.618) might serve as a possible new goal for the Solana price prediction. To hit this significant mark, the Solana price would need to reach approximately $410.

Currently, Solana (SOL) can be found trading at around $216 on prominent cryptocurrency exchanges. In the past day, its value has increased by approximately 1.6%.

The excitement for cryptocurrencies is fueled by the unveiling of Winternitz Vault, a security measure that uses quantum-resistant hash functions. This technology depends on Winternitz One-Time Signatures (WOTS) to safeguard Solana from potential quantum computing assaults.

SUI is ready to “go into hyperspace” once this resistance is done

Moreover, while Phantom Wallet abandoned plans for their own native token, the worldwide Solana (SOL) user base stands on the brink of significant airdrops involving Sonic (SONIC) and Jupiter (JUP).

Simultaneously, critics advise SOL holders to stay alert for potential increased selling due to a significant token unlock scheduled for Q1, 2025, which will affect Solana’s (SOL) supply.

As an analyst, I’d like to draw your attention to Sui (SUI) in the altcoin market. The CEO of Real Vision has singled it out as a potentially strong choice. Notably, after touching the $4.88 mark, which seemed like a ceiling, SUI is poised to carry on its impressive upward trajectory.

On January 4th, 2025, the digital currency SUI smashed through its resistance level and reached a new peak of $5.22. In just a day, the total trading volume for SUI nearly tripled to an impressive $2.45 billion, according to data.

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2025-01-04 16:57