Macro expert Raoul Pal said that the new cryptocurrency SUI could surpass XRP. While drawing attention to the potential of SUI, Pal stated that this digital asset should be watched carefully in the long term.
Performance Difference Between SUI and XRP
Raoul Pal analyzed the trading pair of SUI with XRP. Pal said, “The Sui/XRP parity is moving in a long-term ascending channel and is currently at the lower levels. “This situation indicates the high performance that the parity can produce in the coming period,” he said.
Additionally, Pal pointed out that SUI is ahead of XRP and stated that this potential shows that SUI can reach upper levels in the coming period. He said it is important for investors to follow these charts closely.
Competition Between SUI and Solana
Raoul Pal stated that SUI could rise not only against XRP but also against Solana. “In the SUI/SOL parity, an inverted head and shoulders formation is being completed on the weekly chart. This pattern usually signals a significant uptrend. “With the formation confirmed, I expect SUI to make significant gains against Solana,” he said.
Pal stated that Solana will continue to remain strong and will continue to be an important player in the long term. However, he also said that SUI, a new token, could provide significant “alpha” to investors. “I am considering shifting some assets in my portfolio from Solana to SUI,” he said, emphasizing that SUI is a remarkable alternative.
Latest Situation and Recommendations for Investors
At the time of publication, SUI was trading at $4.18. Raoul Pal’s analysis shows that SUI has serious potential in the coming period. However, Pal said that investors should be careful and said, “Proven protocols such as Solana are always less risky. “Still, new tokens like SUI may offer a diversification opportunity for brave investors,” he said.
The dynamics in the cryptocurrency market allow investors to re-evaluate their portfolios. Therefore, closely monitoring market movements and paying attention to expert analysis can provide a strategic advantage.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
