Benzinga - Former Goldman Sachs (NYSE:GS) executive and macro guru, Raoul Pal, has made a bold prediction, projecting that Ethereum could surge by over 75% by December.
What Happened: Pal took to X, to share his thoughts on the matter, “Technically speaking – ETH is a gorgeous, gorgeous chart.”
According to his chart, Pal envisions ETH reaching $3,250 by the end of the year. At the time of writing, ETH was trading at $1833.
Technically speaking – ETH is a gorgeous, gorgeous chart…. pic.twitter.com/3WQfbRmNBI— Raoul Pal (@RaoulGMI) November 2, 2023
As Pal shares his optimistic outlook, he is not alone in his beliefs. Analysts in the crypto community are also pinpointing a bullish streak for Ethereum. Crypto Tony expressed his perspective on Twitter, stating, “$2,000 $ETH is only a few weeks away, I would say personally. The Altcoin market looks to be heating up nicely.”
$2,000 $ETH is only a few weeks away i would say personally. The #Altcoin market looks to be heating up nicely