It seems Raoul Pal, the ever-optimistic CEO of Global Macro Investor, has once again donned his soothsayer’s hat, proclaiming that XRP is in the throes of “full porting.” 🎩✨ One can only imagine what this entails-perhaps a digital metamorphosis or a celestial upgrade? The gods of crypto must be busy.
Pal, with the enthusiasm of a man who’s just discovered a new type of chart, shared visuals of XRP forming various long-term patterns: falling wedges, descending triangles, and other geometric curiosities that would make Euclid himself blush. 📉🔺 Indeed, XRP appears to be an artist trapped in its own technical renaissance.
According to Pal, history loves a good rerun, and XRP’s current predicament bears an uncanny resemblance to its past cycles. Breakouts, he assures us, are as inevitable as the disappointment of a cryptocurrency investor after a crash. 🎢💔
“XRP… in the process of Full Porting…”
– Raoul Pal (@RaoulGMI) August 29, 2025
Presently, XRP seems to be inching towards another breakout, albeit after weeks of languishing in the doldrums of mediocrity. 💤📉 Its previous breakouts, Pal reminds us, were accompanied by parabolic moves, such as the 2021 surge from $0.20 to $2-a feat akin to climbing Mount Everest only to find yourself in a queue for the summit selfie. 🏔️📸
The Mythical $3 Mark
As of now, XRP continues to grapple with the elusive $3 level, currently trading at a modest $2.91. 💸📉 The cryptocurrency, along with its peers, is caught in the throes of a broader market downturn-a reminder that even digital assets are not immune to the whims of fate.
In conclusion, while Pal’s prophecy of “full porting” may inspire hope, one cannot help but wonder if XRP’s journey is less a voyage of discovery and more a Sisyphean struggle against the tides of market volatility. 🚀🗿
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2025-08-29 09:31