Real Vision founder Raoul Pal said that based on his fractal analysis, Ethereum could quadruple in value.
Raoul Pal, in his Twitter post, predicts that the Ethereum price could rise from 100% to 300% by the end of the year.
https://twitter. com/RaoulGMI/status/1460779211849932800
Former Goldman Sachs executive said he believes higher prices are possible, but nothing is certain.
https://twitter. com/RaoulGMI/status/1460779213796134912
Pal’s prediction is based on a fractal analysis that shows Ethereum copying Bitcoin’s work in late 2017. He described it as “strange magic”.
Although Ethereum is currently down 14.53% from its record level, Pal believes that Ethereum will go into rally mode soon.
Pal predicted in September that Ethereum would reach $20,000 by March 2022.
The second largest cryptocurrency accounted for 70% of Pal’s portfolio as of October. Bitcoin accounts for 5% of crypto assets.