Raoul Pal Shares His Most Important Crypto Chart and Favorite Altcoins
Raoul Pal the Founder and CEO of Real Vision reveals the most important crypto chart for him and updates his top altcoins outside of Ethereum (ETH).
The macro analyst shared with his 798K followers on Twitter that Ethereum competitor and smart contract platform Solana (SOL) is one of his favorite altcoins.
At the time of writing SOL is trading at $191, with 11% loss on a weekly chart, and firmly sitting at the fifth largest digital asset by market capitalization.
Pal also reveals that three other smart contract platforms, Avalanche (AVAX), Terra (LUNA) and Polkadot (DOT), among his favourite larger cap altcoins.
At the time of writing, AVAX trades at $110 with 12% loss on a weekly chart. LUNA trades at $44, down 1% on a weekly chart. DOT currently exchange hands for $35, with 17% loss on a weekly chart.
“Most Important Chart”
The Real Vision founder, who is known for being mega bullish on Ethereum, thinks the Ethereum/Bitcoin (ETH/BTC) chart is currently the “most important chart” in the crypto markets.
“The ETH/BTC chart is in my opinion the most important chart in digital asset markets right now. A break higher will lead to more risk-seeking into year-end. BTC will go higher too.”
The ETH/BTC chart is in my opinion the most important chart in digital asset markets right now. A break higher will lead to more risk seeking into year end. BTC will go higher too. pic.twitter.com/iCef2UZZBw
