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Hello this is Matt on the moon Lambo Channel let's have a little crypto Market update because as it pertains Specifically to xrp looking pretty damn Good I've been sharing perspective from A number of analysts and in particular In recent days there's been U broad Acknowledgement that the setup is Looking absolutely fantastic and so We're closer than ever before to finally Seeing xrp run and the fact that it Hasn't to this point it's historically Normal there is no problem here but you Know when xrp runs you know $2 is just Going to be the start so says many say Have many analysts out there anyway but Uh before going any further I do to be Clear I do not have a financial Background of any kind I am not offering Financial advice and you definitely Should not buy or sell anything because Of anything I say all right I'm just an Enthusiast who enjoys making YouTube Videos about crypto related topics but Just as a hobby and just for fun as I Record this video xrp is 56 cents Bitcoin is 52,1 146 bucks market cap for the entire Asset class over two trilly bro nice to See that haven't seen that in hot minute And take a look at the crypto fear and Greed index 78 out of 100 we are in Extreme greed but I think this is I Think this is only the fifth day that
We've been an extreme Greed for this Market cycle so happy to see that um There could be a pullback in the short Term if that happens that wouldn't Surprise me in the least but I still Don't think I've been making my case Recently so I'm not going to go too in Depth in this video it but it just Doesn't look to me like the crazy Mania Blowoff type of sentiment that we've Come to know and love in previous Market Cycles so just take that for what it's Worth um I also wanted to note um Ethereum just a hair under $3,000 Currently but it did pop up for a while Above $3,000 which is an important level Like Market's hot man and if there's a Pullback there's a pullback uh is what It is but um here's what chart animal This credible crypto had to say he's Talking about Bitcoin here this is a Bitcoin price chart he said uh was Looking for something like this before Going to bed last night and overnight we Took our local highs if we are going to Test my green zone we should get that Test soon now that our highs have been Taken and so for those of you not Looking at the screen the uh the green Zone that is highlighted on this bitcoin Price chart uh is showing potentially Bitcoin you know getting down to the Upper 40,000 so you know maybe 48,000 Something 49,000 or so um if and that's
An if if that happens but again that Doesn't mean that there's some sort of In his opinion it doesn't mean there's Some sort of critical breakdown and uh Things are just going to uh you know Continue to evaporate and this is the in For Bitcoin he's very optimistic we're Going to be seeing new all-time highs For Bitcoin and um eth is something that He's been closely watching too you know I hold eth I'm not really excited about It but it's the first crypto I bought I've been holding it since 2017 um but you know when eth runs that Is a that's an indicator to be aware of Right and so here's here's something That um incredible crypto had to say About that and this is just an ethereum Price chart he said Excuse me eth eth continues to show Strength here and I think we may have to Aim a bit higher now to catch an entry Originally was let me take some water Sorry Folks don't know where that came from Originally was looking for a dip to the Lower green region but think we may have To be more aggressive here and Target The upper green region for a ride to $3,500 my bet is a small dip on eth and Bitcoin then send eth to $3,500 and Bitcoin to $60,000 plus and so that's What he thinks so if we do see that Pullback uh so says credible crypto not
Something to worry about because this is Well this is how markets work it doesn't Go up in a straight line forever $60,000 Bitcoin my God though I really do hope That comes sooner than later and there You know there are lots of analysts out There that think Bitcoin is going to hit A new alltime high before the having Which is going to be on or around April 20th incredible crypto um he he thinks That's plausible so we'll see if it Happens uh there's also this and I just Found this interesting so I'm going to Briefly mention this I don't really have A bunch of commentary on this but it's Kind of cool uh The Watcher Guru account Uh noted that van X spot Bitcoin ETF Trading volume was up 14x today and so Credible crypto shared a quote on this Topic which reads as follows however That isn't where the confusion ended in Bona's opinion so he's a Bloomberg ETF Guy uh indeed wisdom trees Bitcoin fund BTC W also saw a trading volume Increased 12x specifically it saw Individual trades reach 23,000 which was 25x its average that's the quote that's Crazy and then and then incredible Crypto says if my green zone on bitcoin Gets front run we know why so even Though he does think that it's it's it's You know more probable than that we're Going to see a bit of a pullback before Continuation to the upside he's like
Well volume like this maybe it does just Keep running you know which would be Pretty cool to see Um and then there was this and um I'll Be brief since it's har bar um you know I know I'm just going to mention because I know a lot of you out there hold har Bar because it's an actual utility coin And I do it's one of my very largest Holdings out there um and it's looking Pretty damn good it's been running Substantially lately um just yesterday I Believe it was yesterday it got as high As what 11.7 cents and it's pulled back Slightly since then um I looked at it You know a couple hours or so ago and I Think it was might have been like 10.5 Cents or 10.7 cents um but um he shared A post um in which he um he thought that There was here I'll just share right Here um he thought it was possible that We break through local resistance and Simply continue higher from here he Acknowledge that that was a possibility Uh one of two possibilities and that was Option two and it looks like that's What's happening according him so price Going to go up a lot higher soon he Wrote option two it is local area of Resistance has been reclaimed and should Now act as support beautiful move on H Bar which sets the stage for much higher And I'll note that this is another Cryptocurrency where the the hbar
Community there's some people just Bitching up a storm up until this point Why won't the price go something's wrong Tokenomics bad blah blah blah it's the Same crap you hear in the xrp community It's the same stuff because every Community has these people And the truth of the matter is it's just Like they're the they're the impatient People and you're going to but you find This with every crypto Community for Every single coin people are pissed off That a coin's not moving until suddenly One day wake up and it is moving which Will be the case with xrp I firmly Believe uh speaking of xrp credible Crypto wrote The Following started a Position on xrp if you want to know why Watch the video in the quoted tweet Below and I U shared some commentary on That the the video is awesome and you Should watch it if you haven't he posted It yesterday on X uh a little over 20 Minutes long and I just uh shared a few What I thought were key takeaways from It without regurgitating a bunch of ta Because I strive to not do that um so When he says he started a positional EX RP mind you he's been holding xrp for Years he has bags that he just doesn't Sell he's when he's talking about Opening a position specifically for Trading um because he's a Trader you Know and and you know if you're a Trader
Good luck most people aren't good at it Credible crypto I I mean there's look There's a small percentage of people That actually are good at they actually Make money but that's almost zero% of Humans that are Traders which is why I Just I just huddle I'm I'm a huddle guy That's that's pretty much it I have no Interest in do it but I I mean I find it Impressive the the guys that actually Successfully trade consistently it's Just not for me I just have no interest I don't need that kind of stress in my Life it's all good um but he's very long Xrp and um chart analyst uh crypto Insight UK had something to say about What credible crypto was breaking down Literally yesterday and I wanted to Share with you this perspective he wrote The Following definitely worth a watch Of credible crypto's breakdown of xrp he Discusses his thoughts in depth of xrp Bitcoin um xrp eth and touches on xrpusd Key takeaways we may have slightly Further to consolidate yeah and I'll Pause a note he said that you know don't Don't put a stamp on this in mail but Like could could take a few weeks Potentially and then he says looking for Bullish Divergence on the 3-day RSI Upside moves happen super quickly for Xrp probably all done in a month upside Moves can be a significant Outperformance as seen below could
Explode at any point if Bitcoin Continues its move up and xrp Outperforms it leads to massive price Appreciation so he is positioning for This potential yeah so I'll pause a note And I mentioned this yesterday he's Looking at xrp outperforming Bitcoin by About 800% potentially in the short term Like once it starts going like in a Matter of potentially weeks and that Might just be like the initial burst up Because you know the last couple Market Cycles xrp had two major bursts that Happened in 2017 uh two major bursts and Happened in um 2020/2021 for Xrp um anyway and he continues here and He says my thoughts we have talked about Xrp BTC numerous times very similar to What cred is talking about here crypto Specifically xrp is reflexive when price Starts to increase people will become Bullish leading to further price Increase and more people coming bullish Cycle Continues this can happen extremely Quickly with xrp because crypto is Negatively biased towards xrp for Whatever reason so there are a lot of People who can be converted to Bulls When fomo kicks in which squeezes price Higher then as the move becomes more Exponential the cycle repeats until the Move is over I would would suggest we
Are most likely looking for a scenario Similar to the yellow circles below this Will be a hated post because of where Sentiment is right now which is another Reason why I feel we are closing on this Bottom negative sentiment at significant Lows nothing is guaranteed but history Often Rhymes yeah Sate points I broadly Agree with that that make that makes all The sense in the world terrible Sentiment and I don't even know that It's most people but my God the negative Ones very loud right now I haven't seen It this bad in years and to me that's a Good sign like I'm I'm excited for that Not that I like people experiencing Misery but I just know that that's Typically an indicator that's very good For xrp This thing's going to just go people It's just going to that's incredible Crypto was saying in his video yesterday Crypto Insight UK clearly agrees Historically I I've seen this with my Own eyes so many times it's going to Happen and it's going to happen fast and It's going to be a lot of fun you got to Love it when faces get melted it's Disgusting there is this post from Cryptos who wrote xrp keeps bouncing on 54 cents resistance is 57.8 must close a Daily candle above that to see higher Prices until then still stuck in this Range and folks it is nice to see that
Xrp is has been bouncing off that 54 Cent support level uh it's been kind of Critical that that happens if you want To see continuation of The Upside and it Has been happening delightful so the Fact that xrp was at you know over 58 Cents and then bounc back down a bit That's not some sort of negative it's It's normal you know once once um you Know resistance is flipped it you know Very common for for that uh former Resistance come back you know to be Tested as support and that's that's What's happening here so we just got to Wait a little bit longer here but you Love seeing this stuff don't you I sure As that'll do we just got to wait a Little bit longer but this is exciting This is exciting stuff here you know you Know unless unless the stock market Craters like if we're really at the top Of the stock stock market then yes we're In trouble and then crypto is going to Follow to the downside so let's just Hope that we see a continuation to the Upside and there's reasons to think that Will happen that's frankly what most Analysts think is probable at this point Not all and we'll see who's right nobody Knows for sure but I think there's Reason to be optimistic here and I've Never been more optimistic for the Future price action of xrp I'm not a Financial adviser you should not buy or
Sell anything because of anything I say Or right that would be a very very very Bad idea until next time to the Boon Lambo
