TLDR
- Raoul Pal believes XRP is entering “full port” phase after completing years of price compression
- XRP price shows a pattern of long consolidations followed by explosive breakouts since 2014
- Currently trading near $2.90, XRP faces resistance at the $3 psychological level
- Pal suggests capital rotation from Bitcoin to altcoins will benefit XRP
- Chart shows a potentially bullish ascending triangle formation below the $3 mark
Raoul Pal, CEO of Global Macro Investor, has announced that XRP is entering what he calls a “full port” phase, suggesting the cryptocurrency is ready to break out from its long consolidation pattern and begin a new uptrend.
The veteran market analyst shared his thoughts through social media, posting a weekly chart that tracks XRP’s price history since 2014.
This chart reveals a recurring pattern where XRP trades sideways within compressed ranges for extended periods before breaking out into powerful rallies.
According to Pal, the crypto market operates like a “waiting room,” with different assets preparing to launch at different times.
He noted that Ethereum has already left the waiting room, having surged nearly 70% since July and recently reaching a new all-time high.
Pal believes Solana will be the next to follow, with Sui coming after that, while XRP is already in the process of “full porting” to higher price levels.
XRP… in the process of Full Porting… pic.twitter.com/U06LyPqvX1
— Raoul Pal (@RaoulGMI) August 29, 2025
XRP’s current price sits around $2.90, down 3.4% on the day and nearly 7% over the past week.
The token has struggled to break through the $3 psychological barrier, a level it has been approaching since its 2021 rally.
Historical Pattern Suggests Potential Breakout
Looking at XRP’s price history reveals a series of consolidation phases followed by explosive upward movements.
Between 2014 and early 2017, XRP traded inside a large descending triangle for nearly three years before breaking out dramatically, leading to its historic rally to $3.3 in January 2018.
After that peak, XRP entered a deep correction that lasted until mid-2020, forming a falling wedge pattern.
The token broke out of this pattern in late 2020 and climbed throughout early 2021, reaching $1.96 by April.
Another consolidation followed from 2021 until late 2024 in the form of a broad descending triangle.
XRP broke upward in November 2024 and quickly moved higher, passing through the $1, $2, and $3 levels.
Today, XRP has formed what appears to be an ascending triangle just below the $3 mark, which many traders consider a bullish continuation pattern.
Market Conditions Support Pal’s Outlook
Pal’s prediction comes as Bitcoin recently reached a new all-time high above $124,000 before pulling back.
This retracement has shifted investor attention toward altcoins, a familiar pattern from previous market cycles.
As capital flows away from Bitcoin, investors often seek opportunities in other tokens, potentially triggering what the market calls “altcoin season.”
Pal highlighted Bitcoin’s long-term correlation with global money supply growth, particularly the M2 measure that tracks cash and liquid assets in circulation.
He noted that all major economies—the United States, China, Japan, and Europe—need to roll over large amounts of debt, which means central banks must maintain liquidity.
Pal believes the current crypto cycle has more room to run, with his research suggesting the bull market could extend into early or even mid-2026.
He explained that a slowing global business cycle will likely force policymakers to maintain loose monetary conditions for longer, prolonging the flow of capital into risk assets like cryptocurrencies.
According to Pal, what he calls the “banana zone” or growth phase of this cycle began in August 2024, and he expects the pace to increase from here.
XRP’s price action over the coming weeks may confirm whether it has indeed entered the “full port” phase that Pal describes, potentially leading to another significant price movement after years of consolidation.
XRP remains one of the most closely watched tokens due to its association with Ripple and its history of dramatic price swings after long periods of compression.
For XRP holders, a successful breakout from the current pattern could mark the beginning of another expansion phase that has been years in the making.
The post XRP (XRP) Price: Historical Pattern Shows Potential For Breakout According To Raoul Pal appeared first on Blockonomi.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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