Macro guru Raoul Pal says that while XRP looks very strong, a Solana (SOL) killer will outperform it.
In a new strategy session, Pal takes a look at Sui opposite now in the game.
“Another interesting chart that I really like is XRP [which] has been super strong, but what we’ve really seen is the upward trend of SUI outperformance. We have reached the bottom of the trend channel and are likely to outperform XRP again in the future with this continued relative outperformance. This doesn’t mean XRP is going down, I’m just giving you the perspective of these cross rates to understand the nuances of the markets.”
Real Vision CEO says something similar is happening on the SUI/SOL chart. According to Pal, SUI/SOL has completed an inverse head and shoulders move on the weekly chart and is in the process of confirming a breakout after printing the second shoulder.
“The other thing I look at is I look at the cross rates between different cryptos to try and pick the right one…”
