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Hello this is Matt on the moon Lambo Channel I've lived through many moments In which xrp price action tortures People and it can go on for what feels Like eternity but then it breaks to the Upside inevitably of course and Invariably it happens at a moment in Time when when things seem Bleak and Impossible you know at least it seems Impossible to the typical liming retail Speculator and we are in one of those Torturous moments right this very second And again I've I've lived through many Similar situations before having been in Crypto now over 6 years and you know What I'm going to personally experience A moment where xrp rockets in price to The upside and it may feel impossible to Some of you at this moment but I'm Telling you right now that I personally Am going to see xrp increase Dramatically in price and you will see It too if you stick around long enough It's up to you of course that is what my Conviction is I believe that this whole Asset class gets bigger xrp is a part of It it's going along for the ride and the Market has made it very clear for over a Decade that that xrp deserves to be in The top 10 coins by market cap that's Not an Accident so when things do go it's going To be a lot of fun and I get the Sentiment that's why I want to start the
Video by talking about I get the Sentiment before it happens I know how It feels to People but I don't feel that way I've Seen too much I've seen this movie too Many times And so I'm going to share with you Perspective about uh what is to come From a number of analysts including Multiple xrp chart analysts uh one who Says that xrp is imitating a 2021 move Now I know in 2021 we didn't see a new All-time high for xrp but in ter in Terms of if you take that move uh from a In terms of uh what what the chart looks Like and consider considering where the Starting point is now um which is not Looking too bad comparatively That's why there's an opportunity for us To get to xrp you know well above $1 I Mean $1 when when this thing has its First jump you know that that hopefully Would just be to start the thing off you Know X xrp it is just it is the case That it legs behind the market it always Has historically but when it goes It Goes uh but before going further I do Want 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 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 it is Currently 3:33 a.m. Central Time and uh It's what oh it's Friday now right Friday April 26 2024 man can you believe that were Almost a a complete fourth of the way Through the year already but you know What the later part of the year it seems Clear at this point that's going to be Where the most bit of fun it's been a Real fun 2024 despite the this the Pullbacks that scare most people it's Been a really fun 2024 but I'm telling You like the best is is yet ahead uh now At the time I record this xrp is 52.5 Cents bitcoin's at 64429 bucks and look the Market's just Been ranging in recent weeks uh asked Different ask various chart analyst what The the range is that it is ranging Within even though they all agree it's Ranging you'll get slightly different Answers but suff I said to say it'd be Reasonable to say roughly you know for Bitcoin roughly between 60 to $70,000 it's not going to stay there It's definitely not going to stay there Uh I don't believe it makes sense to Believe that the Bull Run is over um I Don't I don't really see people even Calling for that but um it's just it's More so a question of when's this thing Going to break to the upside because you
Know Bitcoin can keep moving to the Upside in terms of market dominance That's going to be decreasing at some Point and that's when you see the most Fun for altcoins here uh we also have The crypto fear and greed index at 70 Out of 100 so Market is still in greed Currently though not extreme greed uh Here's a post from chart analyst blunts This is just a Bitcoin USD chart and he Wrote I'm still very much taking a risk On perspective and still thinking new Alltime high in the next one to two Weeks and he's noting uh over this uh on This chart that we we're just coming out Of a situation that looks very similar Uh and you know it's all move to the Upside before that so I mean we'll see What happens but he's on record with What his expectation is and uh it's bold To make such a an assertion to share Such an opinion especially when you're a Chart guy because when you're not right People jump down your throat that's one Of the reasons I'm very glad I'm not a Chart guy on top of the fact that I find The act of engaging in charting very Boring which is why I don't personally Want to do it even though I appreciate The chart analyst out there so he's Saying one to two weeks so we may not Have to wait much longer and also uh the Couple of the founders over at glass Note onchain onchain analytics firm uh
They seem to be thinking that what's Most probable is we're going to be Seeing a move to the upside and this Matters even if you don't care about Bitcoin and you only care about xrp you Should care about what directionally Bitcoin does in terms of price action Because it leads the market and here's a Headline from the daily hdle Bitcoin to Sege question mark which is why my Inflection goes up like this glass node Co-founders say indicator that tipped Off January rally flashing bullish Signal excellent the founders of the Analytics platform glass node say one Key indicator is suddenly flashing Bullish again for Bitcoin glass node Co-founders Jan happle and Y Alman who Share the nent Tropic handle on the Social media platform X say an indicator That predicted bitcoin's massive rally To kick off the Year may now be Signaling another big move to the upside Is imminent and here's a quote macd the Mov moving average convergence Divergence a crossover sets Bitcoin up For the next strong move higher in January 2024 Bitcoin put in a low it Rallied out of a descending wedge in Macd gave us bullish crossover on April 19th 2024 Bitcoin put in uh put another Low in after declining in descending Wedge now we have a bullish crossover on Macd we will see a we will see a strong
Rally unfold again question mark so they Seem to be thinking there's a good Probability of that that's the end of The quote and then they right here the Backd is a technical indicator that Gauges the momentum of a trend looking At the analysts chart they also suggest That Bitcoin is printing a bullish bull Flag pattern which indicates Bitcoin is Likely heading Higher uh wouldn't mind that I mean I'm I'm having fun in crypto whether it's Rain or shine whether we're in to Bare Market or bull market but obviously the Bull part's a lot more fun so hopefully We get back to it sooner than later uh Here's a post from chart analyst Matthew Hland talking about Bitcoin but he's Talking about uh Ballinger bands so he Says Bitcoin 3-day Binger band and he Shared this chart that's on your screen And since in recent days I've been Highlighting as well as many other People in the xrp community uh xrp and The current Binger band Binger band Situation and I'll pop that chart in a Second in case you haven't seen it but I Just wanted to highlight that like this Is something that's just the case in General and so U I understand that b Binger bands are not a primary indicator Of whether we're going to see a burst to The upside or the downside it's uh Something that is um you know you know I
Guess of importance to a second degree But when you look at the data uh in Conjunction with other metrics that can Help you draw a conclusion about the Degree to which we may be close to Something happening because as Binger Band Titan what they do tell you Invariably is that you are about to see A big move and that's relative but a big Move uh to the upside or the downside so That in and of itself that's why it's to The importance of a second degree it Doesn't tell you if it's going up or Down but it tells you something's about To happen just because of the nature of Markets it's not unique to xrp or Bitcoin or crypto our our equities it's It's just it is what it is thanks to Human nature because humans keep Behaving in the same way in various Circumstances more or less and that's Why there's crossover from not just Asset to asset but from asset class to Asset class you just look on charts and You can see this stuff and and so you Just kind of got to ask yourself with The situation that we're in right now What's most likely to occur And so you can see this chart um he said So goes back to okay U probably looks Like the end of August of last year here And here you can see the bands Tightening and you happen to see a move To the downside actually for Bitcoin and
Bitcoin had been trending down for Months at that point so I guess that's Not too terribly surprising but Eventually bottoms are formed right and So here the bands tighten again what do You know move to the upside for Bitcoin and then here we are in 2024 bands tightened again and you got This big move for Bitcoin and now we're at this point Where the bands are tightening yet again So it doesn't mean it's going to happen A day tomorrow or literally next week But you can see it doesn't take long Relatively speaking for this stuff to Play out now you can look at you can Consider the same metric for xrp over a Longer time period here's an xrp USD Price chart going back to 2014 and you can see that there have Been moments in history where these Binger bands tighten and I've been Sharing this exact chart from um Charting guy I've I've shared a number Of times in recent days just to Highlight the point that this is where We are this is what's been happening and Yes this is over a longer time frame but You can't have the Ballinger bands like You be unreasonable to expect the Ballinger bands just get Tighter and Tighter and Tighter and Tighter right Now they're the tightest in history and Then to think that we're not going to
See an explosive move no we're going to See an explosive move so think about That's see this is this is why I was Saying what I was saying at the outside Of the video we're going to see an Explosive move and fine technically it Could be to the downside my conviction It's to the upside unless there's some Sort of Black Swan event so technically Nobody knows for sure what's going to Happen with the xrp price of course I Admit that but uh but we're in a bull Market things have been trending up the Price of xrp has been trending up for About two years now put in the low uh at 28 cents in June of 2022 it's almost two Years later son been trending up higher Lows along the way the tightest we've Ever seen Binger bands in the history of Xrp we know this means explosive move I Just showed you what it looked like more Recently with Bitcoin over a shorter Time Frame what do you think is probable so People can keep bitching up a storm all They want but man the fireworks they are A common Son here's a post from Mikey bull crypto This is the crypto total market cap Excluding Bitcoin and eth and he posted This uh looks like about uh oh was in The morning yesterday uh this and he Wrote The Following this seems a perfect Area to build a position on alt as it
Consolidates before breakout a rising Wedge coupled with an RSI bull bearish Divergence on the weekly chart has Confirmed bitcoin's dominance peak level Yeah so Bitcoin can keep going up in Price and its dominance will decrease if Altcoins are outperforming it which Historically is what happens of course So as far as it's being a great time to Accumulate alts uh that's subjective That you you decide for yourself if that Makes sense I certainly can't tell you What's right for you and I would never Want to um obviously the best time to Have accumulated would have been where I'm circling right here on the chart you Know call it 2022 and part of 2023 that That this is the whole accumulation Range and by the way that whole Accumulation range you can see how it's Low so it looks like a safe place to buy I'm telling you if you were here at the Time and most of you were probably it it Scared the hell out of all sorts of People that's extreme volatility it just Doesn't once you zoom out though and you Can see the positive stuff that happens Afterward it doesn't look like it it Doesn't feel like it but that was the Best time to buy so now that we've had a Little bit of a pullback here and There's strong expectation and it's high Probability that we're going to continue To see a move to the upside for Bitcoin
And the entire crypto asset class uh Yeah I mean for people that want Accumulate alts I'm sure many will Decide that this is a great moment in Time to do that since there has been a Bit of a pullback to this point but Prices won't stay here forever Eventually they're going to rock it to The upside and then inevitably there's Going to be a major correction to the Downside it's just it's the cyclical Nature of things but that is what's Coming and xrp is going to be a part of It um here's a post from charting guy he Said he was in response to uh somebody Named jro who wrote uh usually alt Seasons also Mark the end or at least The end is very near when we get an ALT Season and that can be the case there Can be one more than one alt season uh In in a market cycle but yeah eventually Once you see alt go ballistic that can That can mean that the the end is is Near that's true and so charting guy Agrees and he said uh yes they typically Mark a significant top when they're done Last time at last tested roughly December 2020 to April 2021 and April 2021 was a very important Top some say the true top of the market And a lot of alts never got that high Again it's typically the top of the Third wave then we get a decent wave for Correction then the final fifth wave
Being the final top which was in November of 20121 this time I'm looking for alt Season to last from May through August August roughly with a fall dip between Our wave four and then a final leg up uh Wave wave five being November through February so we're talking about for alt Season a major move starting next we're Almost in May mind you so may through August and so it will be it will be that Quick it's you know it'll be a fun few Months when things start popping off um Major correction then he's thinking that Latest this this is going to go to any Degree would be February of next year But there's a possibility that it could Be uh ending sooner than that and I Nobody knows what going to happen Including me but I wouldn't be surprised If we see the top this year rather than Next year that would not surprise me in The Least um here is a post from chart Analyst uh kryptos and he Said uh update important xrp levels what Happened price bounced and retested all The important weekly levels and Indicators that I mentioned and so for The sake of time I won't pull up his Previous post where he cited what those Were but I want to share the rest of What he had to say he said I said to Keep a close eye on the red box 54 Cent
Area not surprised to see we got Rejected there so nothing to freak out About uh we topped exactly at the weekly 21 ma when bull question mark flip Bullish when weekly closes above 60 Cents so that's his perspective once we Close on the weekly above 60 then it's Own Uh here's a post from chart analyst Egreg crypto xrpusd chart and he wrote The Following xrp imitating 2021 move And for those of you that can look it's Worth looking at the screen because he's Describing a different sections of a Chart that he that he marked off in Color a blue section and a yellow Section and he writes the following blue Section the current trajectory suggests A possible reach of $140 by June to June through to A key Target the price range would be Between a buck 20 and $1.80 uh is a plausible Target and so That of course doesn't seem crazy to me If you're just looking at chart Formations even though you can't know For sure when something's going to pop Off um makes sense to have a broad range I only I only really get nervous when Any analyst gets really precise about or Sets a specific deadline for something I'm like ah but if you're just like like For for analysts that are like well I Don't know when it's going to happen but
Based on what has happened in the past And how chart formations typically put Out maybe it's going to be within this Range maybe then I'm like okay that's Fair I just get a little nervous for Analy when they're like it will happen By this date I'm Like because even if you're a good chart Analyst and you are right about the Chart formation that you're seeing uh That can take longer or shorter to play Out than it has in the past so it just Is what it is um so anyway though so Yeah the idea of it though what he's Saying here makes sense to me and I Think it's totally fair you know Buck 40 Or if he has a r of a buck 20 to a buck 80 and somewhere around that time frame Well yeah I mean if the Market's going To be popping off xrp is going to Participate and in previous Cycles it Has had at least two major pumps to the Upside before completing so wouldn't be Surprised for that to be the case here And then you see says a yellow section Aiming for $4 is feasible if we follow a Similar path to 2021 additionally the Blue trend line aligns with a yellowish Fractal uh supporting the likelihood of This scenario xrp Army stays steady While the long-term targets remain Viable this post focuses on emulating The 2021 move yeah well we'll see what Happens sounds reasonable to me and
Frankly like those all the price levels Cited there hopefully that would be just To get the party started because that's Pretty conservative right I think we oh He probably thinks that's conservative Too honestly um but uh you know nothing Goes up in a straight line all at once Like you don't just have it go straight Up and that the top and everything's Over you know there's ups and downs Along the way but yeah uh and I I I Would love to know where this thing's Going to pop off I just my conviction And this it's just basically just Another word for what I suppose is Likely to happen you know it's my Suspicion this is just new alltime high In price Discovery I don't know what That's going to mean I don't pretend to I'm not a chart guy but number go up I Mean that that's really been my bet from 2017 when I jumped into crypto though It's just like the whole pie gets bigger And then xrp moves with it because it Makes sense for it to continue to exist That's pretty much it it's not really You don't have to get overly complex to Be an investor in crypto same with Equities you don't have to be some sort Of genius and looking into every Individual company out there and Choosing which ones it Mak sense to Invest in you know you can just get Brought exposure by purchasing an ETF
That tracks the S&P 500 you can do all You don't have to be a genius all you Have to do is you can be an idiot Honestly you can just buy stuff and then Not do anything it's just really Difficult for people to not do anything Because of the volatile n volatile Nature of investing and that uh doubly Or trip applies for crypto which is the Most volatile asset class on the planet But if you can wrap your heads around That and you can actually control Yourself emotionally with with the Volatility uh yeah it's that's the most Empowering thing about this whole Experience is the everyday person people Like me I'm just a regular dude people Like you we're regular people we can Achieve life changing wealth it's Absolutely True and and I know I know that I Haven't cashed out to United But I'm still like you know I don't want To say how much I have but I'm a Testament to this as well like the Multiple that I've gotten compared to What I put in considering that I jumped In in 2017 it's because I've been here This Long like literally just doing nothing That is the trick this is why I have no Course to I have nothing to sell you I'm Just a dude on the internet that's Excited about this stuff because it
Really works and we like I know you guys To some degree must feel like me like You know you found something that most Of the world doesn't know about that's True So kudos to you for being here way ahead Of the masses something like 5% of Humans have ever held crypto at any Point in time yeah i' I'd say we're good To go all we have to do is hold have Brought exposure to the asset class and Then do nothing I'm not a financial Adviser you should not buy yourself Anything because of anything I say or Right that would be a very very very bad Idea until next time to the Moon Lambo
