Raoul Pal, the co-founder and Chief Executive Officer (CEO) of Real Vision, a financial media platform, has indicated that Solana is on the brink of reversing its bearish trends. The financial expert has predicted a “magnificent autumn rally” for the cryptocurrency in this market cycle. Solana To Witness Major Autumn Rally Solana’s recent downward trend could potentially signal a great buying opportunity for investors who remain optimistic about the cryptocurrency’s future outlook. Being a popular supporter and long-term investor of Solana, Pal has expressed confidence in the cryptocurrency’s ability to witness a major price increase soon. Related Reading: Bitcoin Price Drops Below Critical Support Level Following Rejection At $70,000 In an X (formerly Twitter) post on June 18, Pal highlighted Solana’s present market dynamics, sharing a detailed price chart of the cryptocurrency, depicting its price movements from July 2023 to July 2024. The analyst described Solana’s price actions as a “banana” that was slowly “ripening,” emphasizing the cryptocurrency’s steady rise to peak value. He also underscored the cryptocurrency’s significant growth potential and performance amidst market dow ..
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