‘Super Strong’ XRP About To Get Outperformed by This Solana Killer, Warns Ex-Goldman Sachs Executive
Macro guru Raoul Pal says that despite XRP looking very strong, one Solana (SOL) killer is set to outperform it. In a new strategy session, Pal takes a look at Sui against XRP (SUI/XRP) and suggests that the trading pair is in a long-term ascending channel and has already touched the bottom range, implying that a move to the upper level is now in play. “Another interesting chart that I quite like is XRP [which] has been super strong, but really, what we’ve seen is the upward trend of SUI outperformance. We hit the bottom of the trend channel and we’re likely to outperform XRP going forward again in that ongoing relative outperformance. That’s not to say XRP goes down, I’m just giving you the perspective of these cross-rates to understand the nuance of markets.” Source: Raoul Pal/YouTube The Real Vision CEO says that something similar is happening on the SUI/SOL chart. According to Pal, SUI/SOL has completed an inverse head and ...