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Hello this is Matt on the moon Lambo Channel you want to know what Wales have Been doing for the last week or so They've been buying xrp and so I look at A couple different things happening here I observe you know what's happening in The xrp community I'm a participant Within the xrp community a very proud Xrp holder and I have noted that as xrp Has been mostly moving sideways not even Bad price action I've seen people coming Like adult men coming to tears Effectively Because other stuff's doing better Because theyo now I've been seen all Sorts of that stuff it's the typical Emotion that you expect I've seen this Story before it happens uh and tail is Old oldest time as as these adult humans Are crying and bitching up a storm Because they don't have their Na and They're not happy with where xrp prices Although they would have been fine with It emotionally if not for other stuff Doing even better yeah despite all this Being the Case when have been buying xrp they have Positioned themselves and they are Obviously doing so because they believe That xrp is going to be worth more in The future well how about that and you Want to know how much they bought I'll Just tell you here at the outside of the Video about
360 million xrp so I'm going to talk About that and some other stuff we Should be very optimistic for the for The future we should not be whiny Adults just my opinion that's some tough Love from Moon Lambo All right before we go further I do it 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 or right I'm just an Enthusiast who enjoys making YouTube Videos about crypto related topics but Just as a hobby and just more fun as I Record this video xrp is at 61 cents Bitcoin $43,200 which by the way as you'll see In the first few minutes or so of this Video uh that's an important level to Watch uh we also have the market cap for The asset class $ 1.67 trillion crypto Fear and green IND deex at 71 out of 100 So people still feeling pretty Gest Dar And greedy which isn't terribly Surprising um here's a headline from Coin Telegraph because look uh we we Need to talk about Bitcoin in order to Understand what is reasonable to assume May occur with xrp because Bitcoin leads The market xrp follows that's just how It is maybe it won't always be like that But if it's not going to be like that in The future probably not anytime soon
Will it change but the headline is Bitcoin price absolutely primed to gain Says Trader as Bitcoin eyes $45,000 uh Bitcoin stuck to a rigid Trading range into the December 24th Weekly close as one Trader predicted a Fresh bitcoin price breakout data from Coin Telegraph markets Pro and trading View followed strictly sideways moves uh For Bitcoin USD over the weekend these Had begun into the end of the wall Street trading week the last before the Christmas holiday period as Bitcoin Rejected volatility off the year's final United States macro data at around $43,500 however the largest Cryptocurrency is absolutely primed to Head higher a popular Trader and analyst Credible crypto says in recent posts on X formerly Twitter credible crypto Argued that recent flat trading is a Sign of Accumulation and folks you'll see right These these articles I'm T they go Together like spaghetti and meatball U It's not true just of Bitcoin it's true Broadly speaking and certainly in with You know the environment being what it Is today yeah it's certainly true of xrp I don't care how many people want to up a storm xrp price has mostly Just been moving sideway in the very Short term and as we'll talk about in Just a couple minutes them whales be
Buying son those splishy splashy whales Getting aquatic AF yes yes they'd be Buying some Xrp but here's the quote it really does Not get much better than this some you Know let me just pull up the actual Quote here I'll just I'll just share it For btim I don't need to read the whole Article check this out this is from Credible crypto one of my favorite Analysts out there he shared this chart And wrote the Following it really does not get much Better than this some final accumulation Going on here before the push to $50,000 Plus in my opinion we have price trapped In a tight accumulation range aggregate Oi hitting new local lows very healthy Coinbase spot buyers doing their thing And funding nearly fully reset Absolutely primed for the next leg up Hopefully we get one more quick swipe Into the low 43,000 to fill a few more Of my first bid or bids first which is Actually kind of what we've seen just Very recently bitcoin's been here let me Go to a 24-hour chart here uh Bitcoin Just you know right right around the Time I started recording this actually Uh just kind of fell off a damn Cliff so It do does look like we're getting at Least at the time I'm recording this you Guys know more than me you're in the Future but it looks like we may actually
Right at the time I'm recording this be Getting this final swipe to the Downside um now I want to share with you This perspective also there uh from uh Chart analyst Ali Ali Martinez who wrote Uh are you anticipating a bitcoin price Correction the first indicator would be A sustained close Below $43,200 if this happens Bitcoin Could be headed towards $337,000 however as long as the crucial $43,200 support level holds the odds Seem to favor the Bulls potentially Sending Bitcoin to 47,3 60 bucks so at the moment that I'm Recording this latest Moon ambo hot Jam Uh it is above that it briefly Wicked Below it it's at the time record it's Getting back Above So presumably that Would be enough to sustain upward price You know directionally what's going on But you know even if you did see a move To the down it's just look at the rest Of everything else that's been going on You don't you don't typically see all of The things that I've been highlighting In recently recent weeks and in recent Days specifically these types of Behaviors for various Mark Market Participants and then see what's most Likely as a move to the downside Especially not for any prolonged period Of time anyway and short term sure sure Sure uh I just I've never felt this
Amped up to being crypto just generally Speaking and especially as an xrp holder It's been over six years but it's going To be glorious when this damn thing Actually hits a new all-time High it just I I I just I feel like We're that close and as long as Bitcoin Keeps doing what we need it to do based On historic precedent I don't see why Xrp wouldn't and it's not a guarantee Could be wrong and fine XP goes zero but I don't think that's probable Here's an xrp chart shared by chart Analyst e grag Krypto and he wrote The Following xrp targeting $12 cents in a maximum of 55 days folks 55 you know what I don't know if that Sounds like a long time or not to you But doesn't sound like a terribly long Time to me and especially since I've Been here six years damn it but you know Eventually like the moment in time that Everybody's freaking about right now Eventually it'll be 5 years and 10 years In the future and we'll see what happens Over that time period but you'll zoom Out on a chart and willever uh you know Whatever happens that will have unfolded And nobody's going to care about this Exact second this is going to be a blip On the radar you're going to have to Zoom in super super deeply to see um any Sort of it's just going to look flat It's going to look like nothing by the
Time that happens it's just like it's The same thing as looking at you know Like Bitcoin in 2017 and here do an Alltime price sh it's the same concept Look at how small this thing is how Small this thing is now because we had a Way bigger move to the upside that's What's going to happen with xrp and so People can cry about it and it seems Like forever but 55 days is nothing in The world of charts here just let time Pass anyway egreg crypto continues if The blue fractal unfolds it'll signal an Impending rapid short-term surge on the Horizon while 90% may feel frustrated From xrp's current state imagine the Potential if it dips to 55 to 50 c pay Paper hands might suffer the max pain Initially but brace ourselves for the Eventual boom to $12 cents xrp usually Crawls like a stale until it transforms Into a rocket propelling towards its Upward Trajectory and so uh I conceptually I I'm not a shark eyy but conceptually What he's saying is Correct it's just it's painful for People that's just what it is and and When it go it really goes but it it Really tries people it tests people's Patience and a lot of people do have a Hard time with that and if we do see a Move to the downside my response is Going to be like okay I'll talk about it
Because I cover crypto on a YouTube Channel will I have a negative emotion Emotional response even if stuff's going Higher that's not xrp no it's not going To change my out like the short-term Price action does zero to change my Long-term outlook for xrp period okay it Just does Nothing and the whales seem to get this Mentality even if the you know a lot of The typical Speculator types out there Don't get it the emotional types even if They're not getting the splishy Splashy Whales do again here the headline from The Crypt basic here's how much big Investors accumulated xrp in just one Week and again I already told you at the Outset it's 360 million roughly 360 Million Xrp data has shown that significant Investors commonly called whales are Accumulating xrp in anticipation of an Upcoming xrp bull run this strategic Move coincides with xrp's prolonged stay In the consolidation Zone where it has Struggled to demonstrate noteworthy Performance compared to other digital Assets such as salana and cardano in a Recent tweet The prominent Market Chartist Ali Martinez highlighted the Significant amount of xrp tokens whales Have accumulated over the past week Onchain data from the renowned Market Intelligence platform sanate backed
Martinez's update about the xrp wh ation According to the update xrp Wales have Purchased approximately 360 million xrp Between December 14th and December 22nd This buying spree amounted to a dollar Value of roughly 223 million dollar now Folks I will say this past week has been One of the most noticeable weeks to me Personally in terms of the quantity of People bitching about the price of xrp On social media I mean it's it's been up There with what happened after xrp got Legal Clarity and then uh after you know Almost doubling in price to whatever is 9093 cents over a span of however long It took couple months whatever it was Going back down so there was there was Some uh there's some intense comments Then for some reason like to me it Subjectively seems to me like this might Be more intense right now and if so I Mean it's actually not that surprising I Guess because if you look at what's Happ Like salana is really bothering some People in the xrp the fact that it's Done so well then xrp just kind of Moving sideways for last week it's Really trying people here and so this Has definitely stood out to me that's Why it's so funny and that's why it Keeps I I I've been mening with a fair Fair amount of uh regularity in recent Days it's because it's been striking me This way it's not it's not all the time
That I see this level of people Complaining about the price action of Extrap you can always find a little bit Here and there uh welcome to investing You know but it's been much more Intense and so it's just funny to see That this whole time this whole week That that has been the case and it's Definitely jumped out to me and I'm sure It has to a lot of you listening as well The whole damn time that was occurring For the past week the whales are like Idiot sticks they just buy they just buy All the fear they just buy all of the Fear they they will take all of it they Just swim away because they're whales Get an aquatic AF that's what they do That's what them whales Do peace continues notably these whales Are investors typically holding between 10 million and xrp uh to 100 million xrp And per the chart accompanying Martinez's tweet this move to accumulate More xrp has not been observed for the Last three months yeah yeah certainly Not to that degree and it's just Interesting because I mean it's not Surprising that it's it's larger hold Because again it's institutional level Stuff here that's what you would expect Not that literally all whales are Institution level but that shouldn't be Particularly surprising you see the same Thing with you know Bitcoin P picker
Coin Really but you love to see it don't you I mean you should it's good stuff Here because the market moves in tan I Just I I just I have this strong sense That those whales and the institutional Level the people that don't re they Don't buy and sell based on emotions I Think that they do have strong Conviction that xrp at some point in the Future is absolutely going to blast Off and I'm willing to bet that part of The the you know expectation relies upon The behavior of Bitcoin because the Entire asset class moves in tandem and Xtrap never had a new alltime high Without Bitcoin going first so we got to Watch for that but I firmly think that It's reasonable suppose that's what's Most likely at this point even and it is Weird like I think we all recognize if That's the case it's weird because this Market cycle was sooner than four years Obviously that would be a first but you Know if this comes to pass not a Guarantee but if it does I will freaking Take it Merry Christmas we get it even Sooner Here ah far as I'm concerned concern Good times here in the world of Crypto it's just what it's the Opportunity of a lifetime and some People just they can't just do precisely Nothing it's it's you're asking some of
These adult humans making important Financial decisions with their Hard-earned money it's too much for them To just do nothing and then let let that Time pass and see what happens with them Some people just can't do It now I'm counting on those types of People to exist because without them There is no volatility in a world where There's nothing but moonl there's no Volatility cuz I'm more stubborn than Everyone else on the damn Planet but man if you can just still if There's people in our community that can Listen and just help to under make them Understand this concept uh that would be Good which is not to say you should buy Or sell anything I'm just saying use Logic reason data talk to a financial Expert don't use Emotions ah is what it is Merry Christmas damn it I'm not a financial Adviser you should not sell anything Because of anything I say or right that Would be a very very very bad idea until Next time to the Moon Lambo
