The Famous Analyst Raoul Pal Announced His Year-End Forecast For Ethereum! He Expects a 4-Fold Increase

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Founder and CEO of Real Vision Raoul Pal, in a recent Twitter post, which is the second largest cryptocurrency Ethereum (ETH) it estimates that its price could experience an increase of up to 300 percent by the end of the year.

Macro Guru Expects a 4-Fold Increase in Ethereum

Former Goldman Sachs executive Raoul Pal, Popular for its sharing via Twitter altcoin He believes that Ethereum will experience a 3-fold increase. Rapul Pal, Ethereumhe also notes that higher prices are possible.

This is Pal’s Ethereum prediction It is based on a fractal pattern that indicates that Ethereum copied the operation of Bitcoin in late 2017. The macro guru described it as “bizarre wizardry” in remarks last month.

On the other hand, with the recent decline in the market Ethereum although it is currently down 14.53% from its record high, Pal believes that the second largest altcoin will soon return to rally mode.

Also, the former hedge fund manager points to the fact that the aforementioned fractal correctly predicted the final correction. March September, Pal had predicted that Ethereum would reach $20,000 by March 2022.

Raoul Pal announced that the second largest cryptocurrency accounts for 70% of his portfolio as of October. Bitcoin , which owns a modest 5% share of crypto assets.

What is the Latest Situation on Ethereum?

Popular crypto currency Ethereum, which experienced a depreciation of close to 15% with the recent decline in the market. So ETH it set an all-time high with $4,860 just before the fall.

The price declined to 4.087 dollars after the last decline. The price later recovered somewhat and rose to the level of 4.344 dollars.

As of the moment the content was written, the popular cryptocurrency Ethereum (ETH) continues to see trading at $ 4,183, a decrease of 2.95% in the last 24 hours, according to CoinMarketCap data.

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