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Hello this is Matt on the moon Lambo Channel no your eyes do not deceive you You are looking at $55,000 Bitcoin on your Screen however even though your eyes are Not deceiving you this is a glitch I'm On live coin watch right here and it Keeps jumping back between the real Price of about $52,000 and $55,000 I don't know what the hell is Going on I even checked coin market cap But nothing else was going bonkers I was Like that is not right because I just Checked like 10 minutes prior and I was Like yeah the price was around $52,000 And then I checking like 55,000 nasan they they didn't even get Me on that one but anyway I want to Share with you some perspectives from a Few analysts in this latest Moon Lambo Hot Jam having specifically to do with Xrp u in fact uh there is an incredible Like 20 minute breakdown on what to Expect uh for xrp in the short term from One of my favorite analysts out there Credible crypto And uh kind of in I'll show you his Exact words towards the beginning part Of the video and and share with you some Of the key takeaways as I saw it anyway But uh basically if you like making Money he says you should pay attention To xrp and I don't know about you but I
Do like making money so we will see what Happens but um 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 enjoy Making YouTube videos about crypto Related topics but just as a hobby and Just for fun as I record this video xrp Is 57 cents and apparently Bitcoin Popped back down as I was recording this $52,750 a.m. Central Time on Tuesday uh February 20th 2024 so early In the AM video here and crypto Fe and Green IND deck at 72 out of 100 and you Know what I'll mention this right now Before sharing with you some of what I Thought were the key takeaways from from Credible crypto I just want to note that He was asked do you still think that xrp Can run to like at least $10 this Market Cycle and he just responded with one Word yes and so the fact that he hasn't Been talking about xrp recently isn't Because he lost confidence or was no Longer interested credible crypto very Positive very bullish on xrp it's just That he was waiting for a certain Something to on Fold Um and so here you can see he posted uh 2:57 a.m. February 19th so about 22
Hours ago he wrote in my last video Update on xrp I said I was not Interested in it until the xrp BTC Pairing moved to my downside Target some 30 plus% lower well we are finally there And at a place where I am now interested Slaying attention to it and so he Um he's not it's it's just it it sounds So ridiculous to some people who are Just um like the most negative of xrp Holders what it's a good thing if it Goes down xrp BTC yes and he explains Why there's historic precedent for this And it doesn't mean that xrp was taking An absolute beating compared to the United States dollar but Bitcoin prices Increased historically historically we Know Bitcoin leads the way and then xrp Plays CCH up this is not exactly Surprising and so tonight he actually Did publish a video and if you want the Full technical breakdown and I encourage You to watch it if you're curious and That type of thing go to his uh go to His profile on X and you can see just Look for the Post that's on your screen Right now um I'm not going to rehash a Bunch of ta for you I just want to share What I thought to be some of the key Takeaways here but uh he posted this 6:31 p.m. tonight and he said love it or Hate it if you like making money it may Be time to start paying attention to XR X RP in the video below I take a look at
The xrp BTC xrp eth and xrp USD charts To make the case for why we may be Approaching a period of outperformance On xrp and indeed he does think that xrp Is going to put Bitcoin to shame when it Comes to uh performance as historically Has been the case going back a decade Literally and so it was in late 2023 That credible crypto uh he published a Video talking about xrp and he said you Know um when xrp crashed further and was Worth um what he was targeting was 0.00001 1224 Bitcoin so a tiny little Piece of a Bitcoin that's when he said That he would be interested in xrp again And that level has now been hit in fact We're a bit below that level at least at The time that he published his video and Now credible crypto is looking for a Long setup he is long xrp And he he does think this is a point Where xrp is likely to you know show Some life and that was a quote and and Finally outperform Bitcoin and look like I said a minute ago there is precedent For this going back further than many People realize actually it happened During the last cycle it happened twice In 2017 but you know what it also happened In 2014 in fact as he mentioned in his Video in 2014 when XP was just a little baby new Crypto uh in the span of about a month
Xrp outperformed Bitcoin by Sevenfold Sevenfold going back a decade Ago so it looked really bad really bad Oh too bad so sad until suddenly it Wasn't too bad or so sad and xrp just Destroyed Bitcoin in terms of Performance there's a decade's worth of Precedent for this and so as it's been Gr as the xrp BTC chart has been Grinding down that's why it's not a some Sort of negative IND indicator but Anyway credible crypto thinks in the Coming weeks xrb could put in a 200% Gain against Bitcoin so long as in the Short term we see a higher low uh now Now that xrp has reached a credible Crypto point of Interest since xrp um You know it xrp has been bleeding out Against Bitcoin on on higher time frames Anyway for like the last few years Basically you know ever since we saw the The runup uh 2021 where it did Outperform Bitcoin but uh but anyway he Goes on to note that if the first burst Of EX of The Upside is successful and uh He he quantifies what that is in his Video so if you're curious again for the Nitty-gritty go check out his video he Did a great job articulating the reasons He believes what he believes there but Uh you know if it's successful then he Actually thinks from the current level That we may be looking at something more Like an 800% gain against Bitcoin for
For from again from the current level 800% gain against Bitcoin that would be A gigantic Move and uh look it may take a few weeks He noted before xrp starts outperforming Bitcoin if indeed it's going to happen Uh but for a ton of reasons he Articulated in the video that that's What he's seing in the charts on the xrp BTC chart and the xrp eth chart and he Said um uh you know unless uh you know Unless Bitcoin takes a big dive against The United States dollar it's unlikely That xrp will take a big dive against The United States dollar too why would It it's just one of those things that That it's so obvious at this point but I Say it with a certain amount of Regularity because it's worth Repeating if bitcoin's going to have a Massive dump in price altcoins including Xrp will follow so then for some period Of time he could probably throw this Thing out the window but he doesn't Think that's what's most probably to Happen and so the bottom line what's Most probable according to Credible Crypto is a dramatic move to the upside In the short term and he thinks what's Most likely is that xrp will quote Randomly erupt one day and a quote That's how it always goes I always say That which you know because look frankly That's how it's always been historically
That's that's just how it's always Been and so then there was this this is What I was mentioning a few minutes ago Uh somebody named clueless wab wrote to Credible crypto said cred do you still Think it can get to $10 this cycle so Asking can xrp get to at least 10 bucks This cycle credible crypto simply Responded Yes so we're going to know sooner than Later and you know there was this Article too I wanted to mention this From you today titled xrp brutally Denied and I don't really need to to Read this thing but they just note that Xrp recently within the last 24 hours or So as of the time they published this Hit some rejection went back down but We've been talking about this level Right because all sorts of analysts have Been highlighting this level the point Is 54 cents became resistance xrp Overcame that resistance moved a bit Higher even recently got as high as 58 C But then it came back down and tested That 54 C Level which is now support and It held so you can say here that xrp was Brutally denied okay uh I mean Whatever Gets the clicks I guess but it the truth Is it was likely that it was going to go Back down to to to you know test that Support again and it did successfully This isn't some sort of bad negative Scary thing this is good this is a
Positive thing so it's all about what Kind of spin you choose to put on it I Suppose is what it is then there's also This perspective from chart analyst dark Defender RSI for the xrp BTC pair in the Weekly time frame stands in the same Place as it did before the 2017 and 2021 Xrp bull runs RSI tells us the 2024 run Is here and so here looking at he's also Looking at the xrp BTC pair I'm just Noticing that there there are a lot of Analysts that are coming to fairly Similar conclusions And as far as I'm concerned if I Mean and I do think history kind of Rhymes with itself generally speaking Not that it perfectly repeats but given That we know how xrp has been treated Consistently for a decade why wouldn't We just wake up one day and it's just Running and it's starting to melt Faces that would be it is actually that That's literally my expectation I don't Know what day it's going to be which is Why I love my Approach when it comes to Investing just buy stuff and then don't Do anything literally nothing that's What I do for myself anyway and then There have been a number of times in my Six plus years in crypto where you do Wake up and it is one of those exciting Fun days and it just rips xrp just rips To the Upside you know putting the haters to
Shame and it's funny because all the Little punk ass and the Bitcoin Maxi trolls what I noticed when that Happens is they shut the hell up they Are nowhere to be found on social media Oh my God they're noisy and they're rude And bankers coin this Bankers coin that Which is funny because bitcoin's the Bankers coin now but setting that aside Still um they shut the hell up and we Get to have a lot of fun and maybe a Little bit of gloating there may be Little bit of gloating going throughout The community and I say fair Enough so anyway we're going to find out Soon enough what happens here but again It's just more reason to believe that um We are going to be getting ours if the Market's going to continue to move Higher especially if bitcoin's going to Get hit new alltime highs which credible Crypto firmly believes is going to Happen in fact he thinks there's a Reasonable chance it'll happen but Happen but before the having which is Going to be around April 20th I mean That happens why the hell wouldn't xrp Because my God that see when you when you started Talking about getting back to that price Level of Bitcoin around alltime high That is when you're really going to Start attracting uh new eyeballs to the Crypto
Space that's when you're G because look And I've been sharing the data recently Like there Retail it's not been increased it just It hasn't you can look at the coinbase Numbers it hasn't been Increasing and so unless this is the First time where we had a a bull run Where just you don't get new people Participate I mean I guess okay if that Happens um but you know a big part of What's going to control that is just Seeing what happens more so on a macro Scale what's going to happen when it Comes to equities because again as I've Said many times and it's worth repeating Here because it's a crucial Point equities and crypto move in tandem In particular for the biggest of moves So as long as stocks are going to keep Climbing higher I think that it's a Virtual certainty that crypto will Bitcoin will lead the way hit a new All-time high and then we're going to Have a blowoff top now if we don't see That with eches well okay then fine then I guess this really is All She Wrote and Then see in a few years or something Like that but uh I'm I'm optimistic We're going to have a good 2024 and you Know even if it comes to that you could Still see some blowoff tops with alts in Fact we've been seen a bit of that today So there's still potential even if there
Isn't going to be a new all time high It's just we're going to have to sit Back and see who's right because there's Been some Fierce debate amongst the Analysts on that front and I don't Pretend to know for sure what's going to Happen but I I'm I'm optimistic we'll See what goes see what goes down 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 Moon Lambo
