Global Macro Investor founder Raoul Pal believes that эфириум (ETH), and Solana (SOL) are approaching key price levels that could signal major changes in the price of these popular altcoins.
Ethereum's price dynamics over several years have formed a symmetrical triangle on a logarithmic scale.
ETH chart
The ETH chart shows a symmetrical triangle. This pattern consists of an ascending support represented by the red ascending trendline and a descending white trendline acting as resistance. The price is currently Ethereum fluctuates near the top of this triangular structure, which may indicate an imminent breakout of the asset.
At the time of writing, ETH was trading at $3994. Over the past XNUMX hours, the largest Altcoyin rose in price by 3,42%, over the week it grew by 8,37%.
Timetable Solana , according to Pal, shows a long-term bullish structure that is approaching horizontal resistance.
SOL chart
The SOL chart shows a pattern that points to a continuing bullish trend. The horizontal resistance level is around $268.
Despite the fact that the price of the altcoin is fluctuating around $238,25, having fallen by 2,24% over the week, it has grown by 70,78% over the past XNUMX hours.
