Raoul Pal discusses Ethereum's potential for a price surge based on market analysis and economic indicators.
Raoul Pal, CEO of Real Vision and a prominent financial market analyst, believes that Ethereum (ETH) is gearing up for an explosive move, citing an upward pattern in its weekly chart. Pal also predicts that as the business cycle improves and confidence in the economy grows, more investors will gravitate towards Ethereum based on its correlation with the ISM Manufacturing Index of the US. According to this former Goldman Sachs executive, Ethereum has managed to maintain its value relative to Bitcoin since 2017, indicating its longevity and stability.
