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Hello this is Matt on the moon Lambo Channel what a crazy day in crypto Bitcoin breaking to the upside with a Vengeance and xrp absolutely following Suit I'm going to share with you Perspective from multiple Bitcoin chart Analysts as well as xrp chart analysts Including uh further recognition let's Say from analyst that xrp absolutely is In breakout mode and it's going to blast Past two $2 which was the xrp price Peak For the last Market cycle in April of 2021 it's going to be going past that But in the short term uh we're going to Be seeing prices up there sooner than Later so claim these analysts and I Don't pretend to know what's going to Happen in terms of price action I'm not A chart guy I don't want to be um but Just knowing how Market Cycles typically Unfold having been in the space for over Six years knowing this moment that we're In which is absolutely bull territory What these analysts are saying and oh Just coincidentally all at the same time No no no no there's something in the Charts I do believe them when they say That uh it makes all the sense in the World that this would be that moment Where xrp finally starts moving and I Know people feel beaten down sometimes But xrp is part of the entire crypto Asset class and the entire crypto asset Class is going the alts are going to be
Firing off here you better believe xrp Is going to be a part of that 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 Or 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 64.5 cents roughly um by The way 24hour high for xrp 65.9 here's A 24-hour chart if you care to look at It uh Bitcoin currently at $ 7,426 uh so it was a major move to the Upside this morning starting around 8:50 A.m. central time which is my time zone And uh Bitcoin 24-hour high of just over $71,000 we had a little bit of a Pullback from there and then we move Back to the upside yet again so we'll We'll see what happens here but broadly Speaking analysts just from what I've Seen are saying this is Incredible Strength and in very short order you Should expect uh Bitcoin to be making Another leg to the upside here's a post From chart analyst Matthew Highland said Bitcoin reclaiming resistance 2020 1 Cycle highs this is just astonishing Stuff here to to see Bitcoin at this Price level and consolidating and moving To the upside it's just like it's insane
I mean this is the peak of the last Cycle folks look at this and we haven't Even had the full full-blown retail man Mania yet that we've become accustomed To for the last few Cycles so clearly Like in the on like a a bigger picture On a higher time frame the Market's not Overheated if you look in the short term There's been Corrections because there Have been times where a Bitcoin xrp pi Your coin yeah they get overbought and Then you see a move to the downside duh Of course you're going to see that but On a on a higher time frame a longer Time frame no that is not what's Happening which is why this is so Freaking amazing and Bitcoin leads the Way so even if you don't care about Bitcoin uh you should be interested to See what's happening with it because xrp And everything else is going to follow The general Direction here's a post from chart Analyst jelly who said bitcoin's Descending broadening wedge broke out And went to 70 to the $70,000 Target Target if we manage to hold above $69,500 from here things start looking Really good for a new leg of price Discovery got my eyes on $882,000 next let's Go um things can happen quickly folks Wow I mean just so much force today There because there there was a lot of
Uncertainty amongst chart analyst in the In the very short term anyway in terms Of which way is Bitcoin going to break Most were said said okay if I have to Guess probably to the upside but there Was a real concern that Bitcoin at least In the short term wouldn't change Anything on a longer time frame but There was some concern that Bitcoin Could actually dip into the 50,000 uh Seems less likely that such will occur It looks like we're not going to get That now you never say never in crypto Usually anyway but uh it's not looking Probable at this point uh here's another Post from chart analyst jelly sitting on Your hands remains an absolute Undefeated strategy Many people panic sold as Bitcoin Retested $60,000 while many of you Trusted your plan and held through the Carnage well done fellas take some Profits on the way up this year good Night and good luck yeah and so it's Funny he says that because that has been My strategy for over six years not just In times when the Market's going down I Just I I buy stuff and I do nothing and Why because it works that's the reason It works I don't need the stress of Getting in and out out of positions I Also know that's a fault of humans so I Just decided not to engage in that Behavior as of 2017 when I jumped into
Crypto I just said I'm not going to do That and so I've just not done that and It's worked out quite well my bags are Way bigger than they were back then and If I knew back then that my bags would Be the size they were today and right Before we get to the the true heat of a Bull run I would have just been over the Moon about I would have been so excited And I am so excited but uh like to if I Could have had that foresight in 2017 I Would like oh so it really is going to Be okay You know um but yeah that's the strategy And and and when Bitcoin did crash down To crash when when it decreased in price A little bit down to $60,000 um Not only was I not afraid I Was like well I got extra money I'm Going to buy some stuff and I did and at Least at the time I'm recording that Stuff is a good bit up you know and my Bags were packed I didn't need to buy a Damn thing but I I did I bought a bunch Of new cryptocurrencies I talked about That in a previous video CU I had new Money had to go somewhere so I was like Well Buy opportunity look we're in the Bull market not going to I you all buy Into the strength why not and there we Are here's a post from onchain analytics From santiment this is awesome Bitcoin Has just caught Traders off guard as Usual with a huge rebound Ascension to
$70,000 why key Bitcoin stakeholders had One of their their single largest Accumulation days in years 51,9 59 Collective Bitcoin were accumulated by Wallets that hold between 10 10 to 10,000 Bitcoin on Sunday alone this Translates to263 of the entire currently Available Supply being accumulated in One day F did you hear that folks in one Day. 263 per of the entire available Supply of Bitcoin was accumulated in one Day that is Outrageous the the strength of this Market Market it's hard to Overstate and that's why I look at this And I'm just like you idiots really Think xrp ain't going to R and not you Listening to this but like to the people Who are the naysayers I I like you got Your damn mind xrp going melt some Faces anyway sanate continues as we Close in on the final three weeks on the Having on April 19th it would be Unsurprising to see these wallets Continue to grow resulting in a positive Impact on crypto wide market caps Ideally this continued accumulation Would not be coming entirely at the Expense of of whale and shark usdt and Usdc holdings their dry powder as it is Often refer referenced is a key Component to continuously uh have the Ability to swap for more cryptocurrency At any given time nothing but
Bullishness now santiment um they they They just share straight up data so That's incredibly valuable but I also Appreciate their actual perspective on What that data means and obviously this Is bullish these these guys are are They're incredibly insightful they're Just they're good at what they do they Just Are there's no guarantees in terms of What happens for sure in crypto but uh Look at what they're Saying here's a post from chart analyst Mikey bull crypto Bitcoin March 2024 Versus March 2017 striking similarity uh Now if you're not driving or doing Something uh you know that would prude Of looking at the screen I encourage you To look at the screen because uh here You can see what he's talking about March 2024 Bitcoin that's that's the Current chart pattern this out it's Playing out and he's just sharing Showing it in comparison to 2017 March 2017 and yes Bitcoin was climbing up a Bit and it was impressive to that point Hitting all-time Highs but then it just Kept ripping to the Upside yep and he's saying that's where He thinks we are basically looks looks Similar you can see what he's talking About here's another post from Mikey Bull crypto talking about altcoins in General and this is a market cap Bitcoin
Dominance chart altcoins Bitcoin Dominance is about to begin its descent And alts will run explosive in months to Come fasten your seat belt and that's True so Bitcoin can continue to to rise In price even as it loses market Dominance of course that's going to Happen so if if this is the peak okay That's that's fine uh it can still run For a long time uh to the upside and Alts will just outshine it the real Opportunity for life-changing wealth is Cycle is in altcoins not Bitcoin very Clearly and xrp for so many people Including myself is going to be major Component to that uh here's a post from Chart analyst cryptos talking about xrp And this is an xrp USD chart xrp still Above weekly 21 ma still above important Support areas bigger time frames looking Bullish and he shared that just this Morning 9:27 a.m. Central here's another Post from cryptos uh this is this Afternoon 2:46 p.m. central xrp daily Inverse Head and Shoulders playing out Awaiting the daily close Xrp and uh and I'm no CH guy but I do Know uh pick up some stuff as the years Have passed inverse Head and Shoulders Bullish chart formation says that is What's paying out playing out he's not The only one that thinks that here's Another analyst xrp Captain xrp holders Xrp breakout
Confirmed um sharing that the same thing Uh from a previous post dating back to The 23rd talking about an inverse head And shoulders so there's a couple Analysts right there saying yeah it's Confirmed it's breaking out xrp going Here here's a post from chart analyst Dark Defender he simply writes 66.4 to $1 easy then $1.50 to $188 NFA which is Not Financial advice and he didn't write Xrp there but he's been talking about These levels specifically about an xrp Post so yes that's what he's talking About here so getting to to above $1 that's not going to be hard we just Don't know exactly what day it's going To be we don't know for sure when it's Going to happen but if you look at chart Formation even if you're not a chart guy And I'm not you don't have to be you can See the similarities a lot of this stuff Is just really basic the surface level Stuff yeah you you can like the lay Person like myself which is most of you Listening also I get that we we're not Stupid show show the chart point it yes We can see the similarities it's not Hard and look at the moment we're in Setting that aside you can figure out by Other metrics where we likely are look At the sentiment cuz that's something That doesn't lie look at the sentiment In the world of crypto when you get the Laser eyes and the D hands you don't
Know for sure which day the the market Top is but you know the signs to look For we don't have Market topping signs Thing are things are going to keep Ripping to the upside despite having Notable Corrections Corrections like we Just had Bitcoin going down to 60,000 Xrp recently getting down to like how Low did it get like 57 cents yeah uh Here's a post from crypto Insight UK xrp Update we are looking for a daily candle Close above 75 when we see this it confirms a Breakout above the range in which we Have been accumulating for over 250 days This would suggest we should see a Minimum expansion to $11.20 volume is picking up on the whole And RSI on The Daily looks as if it Might swing bullish again here as I Wrote about in the newsletter a clean Break above all-time high for Bitcoin is The time when alts go crazy I spoke Specifically about the 2017 cycle I feel Price actions in today's markets are More similar To this cycle than 2021 we all know what happened in 2017 For xrp I don't think percent gain will Be similar to that of 2017 but I feel Price action should at least rhyme this Cycle okay that makes all the sense in The world to me absolutely it does and Uh my God this thing breaking out oh man
We are folks we are in store for Something re real special that that that That would be my expectation particular Here um and what what a long time coming Too what a long freaking time Coming ah and it's it's just Xrp it's just I I know what we've been Through as an xrp Community all the crap With the SEC over the last few years in The end I believe it's all going to be Worth it we can't control everything That happens to us in lives in any Aspect not just crypto we didn't know The ass hat Pricks at the SEC were going To do what they they did uh preventing RP from hitting a new alltime high which I believe it otherwise would have done But it's just had that much more time to Consolidate and see you know what they Say the longer base the higher in space Longer the base the higher in space so Consolidation over six years of Consolidation from the last all-time High Yeah that's uh that that's something That's that's definitely something and So he's saying in the short term here Move up to uh $120 sound perfectly reasonable nothing Crazy about that Whatsoever um then there was also this Headline from the Crypt basic top Analyst says xrp set for 89% surge to $1.20 and in this case they're actually
Talking about a chart analyst egreg Crypto and this is a post from the other Day and he said xrp wave 10 $1 to $12 The 10th W pattern is exceptionally well Aligned with the current market setup Signaling a potentially significant move Target prices remain consistent one Non-logarithmic $1 and two logarithmic $12 isn't that funny the $120 two Separate analysts separate rationale Coming to the exact same uh figure down To the penny interesting right it all Seems perfectly reasonable so we'll see What happens but this has Been this this is what this is the most Optimistic I've ever felt about the Future of xrp in terms of price action In my six plus years holding xrp this This is the moment and tomorrow will be The new best moment because every day That passes we get that much closer it's Going to happen And not not that I have 100% conviction But I have very strong conviction Because nobody can know for sure I'm Just being intellectually honest but I Do believe that is by far what is most Probable what a Moment I'm not a financial adviser you Should not buy your sell anything Because of anything I say or right that Would be a very very very bad idea until Next time to the Moon Lampo
