Summary
- Raoul Pal, CEO of Global Macro Investor, said XRP (XRP) will enter a new growth phase after a long consolidation.
- Pal said that after a Bitcoin (BTC) rally, funds move into altcoins, and the next in line is XRP.
- He assessed the mid- to long-term growth potential of altcoins such as XRP based on global liquidity expansion and the crypto asset market's remaining upside.
XRP (XRP) is expected to enter a new growth phase after ending a long consolidation period.
On the 1st (Korean time), according to Block News, Raoul Pal, CEO of Global Macro Investor (GMI), said, "If Bitcoin (BTC) starts the rally first, funds then move into altcoins such as Ethereum (ETH)," and predicted, "XRP is next."
Pal said, "If you analyze XRP's chart patterns, they are similar to just before past large-scale rallies," and evaluated, "If it breaks upward, there is a high possibility it will transition to a new growth phase." He added, "With global liquidity expansion and an economic slowdown coinciding, the crypto asset market still has room to rise," and "Altcoins including XRP will enter a mid- to long-term growth phase."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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