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Market expert Raoul Pal has commented on the possibility of an altcoin season using what he described as the ‘Crypto Waiting Room.’ He claimed that many altcoins are preparing for a parabolic rally, led by Ethereum, SOL, and XRP. 

Ethereum is Already On A “Full Port” While XRP Is In The Process

In an X post, Raoul Pal stated that Ethereum is already on a “full port,” indicating that the altcoin is poised for a parabolic rally. He also shared an ETH chart, which showed that it had already broken out of a long-term consolidation. The market expert also highlighted XRP as one of the altcoins set to witness a massive breakout, similar to ETH, stating it is in the process of “full porting.”

Pal shared an XRP chart, in which he pointed out the altcoin’s long-term consolidation at different periods before it recorded a massive rally to the upside. The latest of them was the move at the beginning of the year, when the altcoin reached its previous all-time high (ATH) at the time. 

Meanwhile, the market expert also identified other altcoins besides XRP that he expects to witness a significant rally, just like Ethereum. He noted that these coins are in the waiting room and are getting ready to launch. Pal declared that Solana will be the next to leave the waiting room after ETH. 

Once that happens, he predicts that SUI, which is also currently in the waiting room, will follow Solana next with a parabolic rally of its own. Meanwhile, the market expert said that Dogecoin will full port when the others outside the top 10 are full porting. Pal claimed that the coins outside the top 10 (OTHERS) are still in the waiting room but will take longer to launch. He described their projected rally as the “purest form of altcoin season.”

A “Bullish Backdrop” For Crypto

Raoul Pal expects a rise in total global liquidity as the U.S., E.U., China, and Japan all need to roll over their debts. He described this as an “absurdly bullish backdrop” for Ethereum, XRP, and these other altcoins. He also highlighted crypto treasury companies and sovereign accumulation, along with Wall Street, as bullish catalysts for the imminent rally among altcoins.

However, the market expert remarked that market participants need to learn patience as even though the path is clear, they can never expect “tick for tick perfection.” He added that it is the pattern that counts.

Featured image from iStock, chart from Tradingview.com

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Raoul Pal, a macro investor, former Goldman Sachs strategist, and founder of Real Vision, has revealed that he has been holding XRP for over four years after he referred to the digital asset as part of what he once described as a “moron trade.” The label, not meant as an insult, was a way to tell a specific retail trading behavior in early crypto market cycles. Soon after, he disclosed that he bought XRP in 2021 when it was trading at $0.60. 

Raoul Pal Clears XRP “Moron Trade” Comment

In a recent interview, Pal outlined his views on how retail investors enter the crypto market and how the nominal price of a token can influence their buying decisions. He breaks the space into three risk categories: large, established layer-1 tokens he called “idiot-proof,” a more challenging middle tier of DeFi tokens, and a straightforward momentum play he described as the “moron trade.” Pal stressed that the phrase was not an attack on holders but a description of what happens when newcomers avoid higher-priced coins and buy cheaper ones without deeper analysis.

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Following the comment, Pal quickly clarified his position on XRP. He revealed that he had held the asset since June 28, 2021. The price was just below the market price, which hovered around $0.64. Sharing the exact date and entry point reflects his commitment to transparency, as he highlights that investors can keep their market views separate from how they invest.

Four Years Of Holding XRP And A Strong Payoff

Holding XRP for a multi-year span has become a highly profitable move for Pal. At the time of writing, XRP trades at around $3.15, representing an approximate 5.5x gain from its $0.60 entry. The price appreciation is driven by improved regulatory clarity, growing whale accumulation, and bullish technical patterns, with metrics such as rising open interest in XRP futures and positive on-chain indicators like MVRV golden crosses reinforcing the rally.

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Pal’s decision to hold through four years of market ups and downs, including a long stretch of legal uncertainty with the U.S. Securities and Exchange Commission, points to a conviction level beyond short-term speculation.

The significance of his position extends beyond profits to the message it conveys to the crypto market. By staying invested during volatile cycles, Pal has shown that XRP can be seen as a viable long-term asset when bought at what later proves to be an opportunistic price. His early entry came well before XRP’s major rally phases, making it a textbook example of patient capital allocation.

To the XRP community, Pal’s disclosure feels like validation. It shows that discipline and vision can pay off in a fast-moving market while also strengthening XRP’s case as a strategic investment now standing on firmer ground as the bullish trend continues.

Featured image from Real Vision, chart from TradingView.com

Crypto veteran Raoul Pal has shared his thoughts on the XRP price, predicting it still has more room to rally to the upside. The altcoin is expected to hit a new all-time high (ATH) as it rallies higher. 

XRP Price Primed For Another Leg Higher

In a YouTube video, Pal remarked that XRP’s chart is one to behold and that its price will likely get another leg higher at some point. His accompanying chart showed a bull flag that had formed for the altcoin since last year, after its parabolic rally to the $2 range. Its price is currently in the consolidation phase, with a breakout usually occurring after this phase. 

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Based on the chart, the price could rally to as high as $5, which would mark a new all-time high (ATH) for the altcoin. Interestingly, before its surge late last year, the crypto veteran had advised investors to sell their dino coins like XRP and ADA. However, following the pump, he admitted he was wrong and became bullish on the altcoin.  

This prediction comes amid the launch of the CME XRP and Micro XRP futures, which are bullish for its price. These products will provide institutional investors with exposure to the altcoin and are also integral to the approval of a Spot XRP ETF. An XRP ETF is one of the factors that crypto analyst BarriC believes could quickly drive prices to $10.  

In the short term, crypto analyst Ali Martinez has suggested that the XRP price could retrace before it rallies higher. In an X post, he stated that the asset could return to $2 if it loses the critical $2.30 support. Crypto analyst CasiTrades had also warned that the altcoin could witness a correction following its failure to hold above $2.6 successfully. 

The Altcoin Could Hit ATH After This Correction

Crypto analyst Dark Defender has suggested that the XRP price could hit its ATH after this market correction, stating that the rally to ATH is closer than anyone else can think of. This came as he revealed that the token has completed the A Wave and is now on the B Wave of Wave 2, meaning that this corrective wave is in its midway. 

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The crypto analyst predicts that the XRP price could reach $3.333 after the B and C Waves in this Wave 2 corrective move. Meanwhile, the support levels to watch out for are $2.3502 and $2.2222, while the resistance levels to keep an eye for are $2.58 and $3.3333. 

At the time of writing, the XRP price is trading at around $2.38, up over 2% in the last 24 hours, according to data from CoinMarketCap.

Featured image from Getty Images, chart from Tradingview.com

Co-founder and Chief Executive Officer (CEO) of Real Vision, Raoul Pal has doubled down on his bullish outlook for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), calling these cryptocurrencies “the greatest macro trade of all time.” Despite recent fluctuations and short-term volatility, Pal argues that the market is positioned for an explosive breakout, which investors should prepare for.

Macro Set-Up For Bitcoin And Ethereum Surge

While Bitcoin, Ethereum, and Solana face a downtrend due to rising volatility, Pal remains steadfast in his optimistic projection, believing that the market is in the greatest macro target of all time. The Real Vision CEO shared a series of thread posts on X (formerly Twitter), highlighting technical indicators and macro factors that would positively influence Bitcoin and Ethereum’s price trajectory.

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Sharing a logarithmic weekly chart of Bitcoin, Pal indicated that Bitcoin had experienced a long-term price uptrend line since 2020, showing a distinct pattern of higher lows. Currently, Bitcoin is moving within a tight trading range, which Pal believes could be bullish, as a strong break above the resistance line could trigger a major run.

Similarly, the Real Vision Co-founder presented a price chart of Ethereum, highlighting that ETH is currently consolidated within a symmetrical triangle, signaling the potential for a price breakout. Typically, a symmetrical triangle pattern is seen as a bullish signal for ETH, but considering its recent underperformance compared to cryptocurrencies like Bitcoin and Solana, a strong bullish breakout remains skeptical.

Looking at the symmetrical triangle, a breakout from the upper trendline could see the Ethereum price skyrocketing to $4,000 or even higher based on Pal’s chart. Additionally, the Solana price, which has been seeing varying momentum lately, has tested a key horizontal resistance multiple times, forming a strong accumulation base. Historically such consolidation phases tend to precede explosive rallies, provided that broader market trends remain favorable. 

In his post, Pal encourages traders to “zoom out” , likely suggesting a shift from short-term fluctuations to long term cycles. He warned against excessive leverage and risk-taking to avoid liquidation in volatile conditions. He also urges traders to remain patient, watching how the market unfolds and preparing ahead of a potential bullish surge. 

Market Volatility Raises Fear

In his analysis, Pal suggested that the broader crypto market is currently plagued by fear and panic, as volatility rises and crypto prices experience a downtrend. He explains that a significant portion of crypto investors or traders are currently bearish. 

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This could be due to the fact that following Bitcoin’s price crash to below $100,000 after the announcement of Donald Trump’s tariff plans, many altcoins also declined severely, with Ethereum, Dogecoin, and Solana being among the top losers. 

Due to this market change, many in the market had sold off their tokens to avoid further losses. Despite this bearish trend, Pal maintains an optimistic outlook, expecting a strong surge for Bitcoin, Ethereum, and Solana.

Featured image from Unsplash, chart from Tradingview.com