Former Goldman Sachs manager and crypto analyst Raoul Pal believes that Dogecoin (DOGE) may experience significant price growth. He suggests that the meme coin is completing a bull flag pattern that started in 2021 and is approaching the "banana zone," which represents a period of unrestrained upward price movement. Pal indicates that the price of Solana (SOL) breaking $185 will indicate whether the cryptocurrency market is entering the fruit phase. However, Pal advises caution due to recent range failures that have impacted confidence in a sustained bullish rally.
- Content Editor ( u.today )
- 2024-10-29
Dogecoin (DOGE) on Verge of Banana Zone, Raoul Pal Predicts