Crypto Market Set to Enter ‘Banana Zone’ Where Everything Moves Up: Analyst
Cryptocurrency commentator Raoul Pal has captured the attention of the crypto community by reaffirming that the market remains in the “Banana Zone,” a term he coined to describe periods of rapid price surges in the cryptocurrency market.
According to Pal, the current phase represents a consolidation stage, following a significant breakout that took place last year. But the true bull run is yet to come, giving hope to crypto investors around the world.
The “Banana Zone” refers to a market phase when cryptocurrencies experience an accelerated upward price trajectory, with price movements resembling the shape of a banana on a chart. Pal has used this term to illustrate the rapid upward price movements of Bitcoin and other altcoins in…
