Analyst Predicts XRP Ready for Full Port Toward Higher Price Levels

Highlights:

• Raoul Pal expects XRP and altcoins to benefit as Bitcoin funds rotate out.
• XRP’s long-term chart shows repeated consolidation patterns leading to major breakout rallies.
• Current pennant formation signals potential continuation, but failure may return prices lower.

Raoul Pal, the founder and CEO of Global Macro Investor, believes that altcoins like XRP are preparing for a new growth cycle as investors gradually rotate funds out of Bitcoin. Sharing his thoughts in a recent market outlook, Pal likened the cryptocurrency landscape to a “waiting room,” where various assets stand ready to break out at different moments. He noted that Ethereum has already exited this waiting period and entered its growth or “full port” phase. 

Pal added that Solana is expected to be the next asset to leave the waiting room, followed by Sui in its wake. The analyst then focused on XRP, which has dropped 4% so far this month. He suggested that XRP has moved past the waiting stage and is currently undergoing “full porting” toward higher price levels. This follows XRP’s impressive 35% price rally in July. Pal’s observations coincide with Bitcoin recently reaching a new all-time high above $124,000 before experiencing a pullback. This correction has redirected investor attention toward altcoins, a trend that has commonly appeared in earlier market cycles.

XRP’s Historical Price Patterns

As money slowly flows out of Bitcoin, many investors start looking at altcoins, kicking off what the market calls an altcoin season. Raoul Pal believes XRP could be a major winner in this shift. He shared a long-term weekly chart of XRP, tracing its price history all the way back to 2014. The chart shows a clear pattern: the token often goes through long periods of consolidation inside triangles and wedges, which usually end in strong breakouts.

One of the first major examples happened between 2014 and early 2017. XRP stayed trapped in a large descending triangle for nearly three years. Finally, the price broke free, launching an impressive rally that took it up to $3.30 in January 2018.

People need to learn patience. The path is clear…but never, ever expect tick for tick perfection. Its the pattern that counts. pic.twitter.com/6tzKWbr6V9

— Raoul Pal (@RaoulGMI) August 29, 2025

Following this peak, XRP experienced a deep correction lasting until mid-2020. During this period, XRP’s price declined inside a falling wedge, typically indicating a downtrend’s conclusion. Following this pattern, the token broke upward in late 2020, climbing through 2021 to reach $1.96 by April. Afterward, XRP entered another consolidation phase, developing a wide descending triangle that lasted from 2021 until late 2024. In November last year, XRP broke above the triangle, quickly surpassing key psychological levels at $1, $2, and $3.

Current Market Moves

At present, XRP is trading just under $3 and has developed a smaller triangular pattern following its recent breakout. This smaller pattern looks like a pennant, which usually signals that the current trend may continue. If XRP breaks above the top of this formation, it would show the breakout is still in progress, confirming the “full port” stage Raoul Pal mentioned. If XRP cannot maintain this pattern, its price may fall back toward the prior breakout zone of $1.70 to $2.