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Hello this is Matt on the moon Lambo Channel as the crypto Market continues To recover broadly speaking things are Better for xrp than I think a lot of Holders would actually guess because in Terms of xrp price against the United States dollar nothing crazy though still Good xrp's up over 5% in the last 24 Hours at the time I'm recording this but Bitcoin's down about 1% at this same Moment in time and it's fascinating Because this is what many many many many Many xrp chart analysts have been Calling for and I've been highlighting Uh for the last week or two in Particular it's just been this steady Stream of a particular message from all Sorts of analysts who were coming to Roughly the same conclusion at roughly The same moment in time and basically This is the beginning it's a Confirmation some would say that the Bottom for xrp is in certainly against The U uh you know if you're talking About the xrp BTC pair and move to the Upside doesn't mean that it can't Technically go a little bit lower from Here but this is more or less that Moment in time so I'm going to share With you perspective from multiple Analysts on that front but that's why I Say I think that this is a much better Day than many xrp holders know because And and you know understandably so most
Are just looking at what the what what Xrp is worth in terms of United States Dollars or whatever your fiat currency Is depending on where you live on the Planet but you should be looking at some Other stuff there are a few metrics you Should definitely be paying attention to Because this has been a great day for Xrp and it's been called again by Multiple anals but uh 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 latest Moon Lambo Hot to jam xrp is 63.6 that's up over 5% over the last 24 Hours Bitcoin just a hair over $66,000 down close to per over the last 24 hours market cap 2.5 trillion and Crypto fear and greed index at 75 out of 100 so we are no longer in extreme greed We're just in regular good oldfashioned Regular greed which is still good in my Book I prefer that much over um you know The extreme fear that we saw for much of 2022 um but look not surprisingly you're Seeing headlines like this for example You today xrp suddenly adds $3 billion To market cap in just 24 hours or how
About this one also from you today xrp Major exchanges see 45 million xrp Influx price surges 5% and I don't need To read these articles I'm just trying To make a broader point that this is Recognized by people who are paying Attention certainly in crypto media but Not just crypto media in particular Reputable chart analysts so let's talk About that uh yesterday chart analyst Credible crypto who I AR I'd argue is One of the best uh analysts in all of Crypto he put out a hourlong video and I Listened to the the whole thing Yesterday afternoon and I spent just a Little bit of time in one of my videos Uh just sharing what I thought were some Key takeaways and I don't want to rehash All of that but um I just wanted to note That there was a post on your screen Right there uh which was a link to that To that video he reposted that this Morning and was talking about the xrp BTC pair and he is one of the analysts That has been closely watching uh what's Happening with the xrp BTC pair uh and You know he he went a really long time Without saying much of anything about Xrp because he covers the entire crypto Space and so he's always been bullish on Xrp but he lets things play out and so If there's nothing new to report in Terms of technical analysis specifically He'll just you know keep his lip shut on
On xrp specifically so the fact that Recently he's been talking a lot about Xrp is very telling he doesn't always do That but he has and specifically Regarding the xrp BTC pair and so we Wrote the following at about 48 minutes In on my latest video update I talked About how xrp BTC may see a low time Frame move back down to the orange Zone Before expansion and that this is Nothing to be concerned about and that's The first screenshot he's noting which Is what's on your screen right now he Was what he was saying is you could go Down to roughly here that's 0.0000 888 BTC roughly in that within That Orange Box there's a little bit of A range but that's more or less what he Was talking about followed by a move to The upside and again this is at 9:38 A.m. this this morning oh by the way at The time I'm recording this it's 11:46 P.m. central Time in case anyone's Curious uh that's Thursday March 21st 2024 and uh so then he wrote you'll Notice that is exactly what we have got So far and we are now seeing a nice move Up off it which is the second screenshot And that's what this is and so I'm Pulling up a few examples throughout This video but there are all sorts of Analysts that are noticing this has been Unfolding and that they've been calling For it and this is what you should watch
For the reason this is important in case You haven't been hearing uh what we've Been talking about recently especially In recent weeks is that when you reach a Moment where xrp looks so horribly Valued against Bitcoin where it's just Down those are the moments right before It breaks to the upside because Eventually people trading in crypto the Smart Ones paying attention they'll Notice wow looks like xrp is actually Really undervalued and uh you can get a Whole lot of xrp for a whole little Bitcoin you know it doesn't take much Bitcoin to get a whole bunch of xrp People notice that and then the you know That's that's the moment that's when it Starts to actually tick to the upside And then more people notice it and then The idiots who don't know anything they Just start copying people because that's How humans behave in these markets and Then you get these big old green candles It's not about fun Fundamentals by and Large I mean people like you and I we Care about fundamentals but most of the People causing the volatility are Absolute idiots they're typical liming Retail speculators I don't say it to be Mean I say it because it's funny and True like that's it's just it's a funny Way to characterize the ridiculous Unreasonable behavior of so many people With their hard-earned money that's just
How it is and and the these moments and And we are one of those moments right Now that's what uh pretty much every Analyst Under the Sun would tell you uh These moments we saw it last Market Cycle we we saw that when xrp went from About 20 something cents up to almost 80 Cents And uh the dominance xrp BTC chart Looked pretty bad towards the end part Of uh 2020 but then November rolls Around only looked bad until it wasn't Same was true in 2017 xrp BTC looked awful but then April Rolled around that was the first major Impulse for xrp when it went from half a Penny to like 42 cents and then you know What happened at the end of 2017 face Melt season right that's where we're at Right now and so that's what he's Talking about right here um more on xpb TC in a second but I wanted to share um Another highly relevant post from Credible crypto first uh this is just a Bitcoin USD chart Bitcoin does still Lead the way whether we like it or not Um and I don't give a damn but uh he Wrote The Following the most bullish Case for Bitcoin is depicted below as Per my last video update we were Expecting a rejection in the Red Zone Thus far we have failed to get past it If we can hold a higher low into the Green zone then there is a chance our
Bottom is in lose it and we take the Lows at $59,000 at the moment both are viable Scenarios and he posted that at 11:16 A.m. Central Time so we don't Technically know for sure but from his Perspective it's reasonable to suppose That pretty viable option here is we Actually just keep on moving to the Upside and just to be clear and he's Articulated this many times in many Different places even if there were a Load to be taken out like say did get Down Bitcoin did get down $59,000 which Um you know I'm not seeing that most Analysts think that's the most probable Move just broadly speaking but even if It happened we get some more fear in the Market of course that would impact xrp To I know that but that's not that Doesn't change anything on a higher time Frame if you're looking on like a big Picture more of a macro scale uh from From his perspective no Bitcoin still is Going to hit new all-time highs blasting Past $100,000 uh he still believes that That xrp going to get to upwards of $20 This Market cycle yes that doesn't Change anything from his perspective uh Here's a post from chart analyst cryptos And he simply noted xrp dominance rising And at the time it was at 1.47% and it's actually gone down just a Hair since since that because nothing
Goes up in a straight line but these This is another chart that I've been Saying you should watch for because when Dominance looks dismal for xrp Historically speaking that's another Chart where hey that's that's like the Calm before the storm effectively Because then xrp rips to the upside and We have seen a bit of a surge and that's One of the things credible crypto was Talking about too you'll see Bitcoin Recover but what you're likely going to See and this is what I talked about in a Video yesterday because I was just Noting this is what chart analyst Credible crypto it said we should watch For is that you know if Bitcoin uh moves To the upside and this is before we saw The market recovery he published this Video we recorded and published it Before we saw the recovery yesterday he Said if Bitcoin does move to the upside Which did happen expect xrp to Outperform that's one of the things he Said that has happened to this point as I've Highlighted it's outperformed in terms Of um you know the 24-hour action in Terms of percentage gains in the USD uh Xrp BTC pair looks better and look at The dominance chart Here it mooved to the upside this was This was earlier this afternoon like I Said it came down a little bit but
Historically speaking I I'll pull it up In a separate video I don't have't Prepared for this video but if you look At the dominance chart for the last Couple Market Cycles it looks dismal Until suddenly it doesn't This is that moment that's what analysts Are are pointing out again and again and Again uh crypto's also shared this post Uh early evening today xrp up 8% versus Bitcoin need this trend to Continue and again this is what Everybody's been saying to watch for and Saying that this is most probable to Occur at least at this point in time it Is and even if we see um in the short Term uh you know a bit of a move to the Downside doesn't go up in a straight Line but we'll watch for the trend so we Need to watch more of this unfold but This is what reputable chart analyst That I follow say is most likely to Occur though of course never guaranteed It's not about certainty it's about Probabilities here here's another post From cryptos and this is an xrp USD Chart I said it many times this pink Resistance is the weekly level xrp needs To close above to flip really bullish And with where we're at right now it Looks like he's talking about the upper 60-some Cent region so Flip There fireworks then there's this post
From chart analyst Mickey B Krypto and um is it Mikey bull Krypto Maybe it's Mikey bll I don't know I I Don't know how to say like half the Names that I read on T Weber Nets it's Just like I don't know just can your Last name be something simple like I Don't know like Smith you know have a Basic first name like Bob I can I I can Handle bob every time like I knock that Out of the park every time or John those Are easy names fantastic names good Strong Names but Mickey Mikey is it Mikey bull Krypto Mickey bu Krypto Mickey Mike bu Crypto I have no idea anyway so xrp BTC Is gaining strength which shows that the Bottom is confirmed so says Mikey B Crypto Mikey B crypto that's anyway xrp BTC he says the bottom is confirmed here Another analyst that has been saying Watch for this in recent weeks and says Yep that's what we were looking for so He's going so far he's going a little Bit further than some saying yeah this This is the confirmation some are saying Yeah we expecting this it's looking good For xrp let's see a little bit more Unfold Here uh here's a post from chart analyst Crypto Insight UK Bitcoin dropping xrp Popping come on Xrp that's what to highlight there's There's no additional insight there I
Just I like it Bitcoin dropping xrp Popping absolutely that is what's Happening and especially with what we've Seen in recent week and the Dismal Attitude within the community which by The way is another indicator Historically I know cuz I've been over Six years I've witnessed it firsthand Like it's all happening at once the Confluence of events you know xrpusd xrp BTC xrp dominance bitchiness on the Internet within the xrp community it's All there man like that's that's a Perfect recipe for xrp face mail Season uh there's also this post from Chart analyst Nick crypto Crusader looks Like Bitcoin will chop around the range We have been holding which is $61,800 to $68,000 during this time altcoins have Strong Bitcoin uh Bitcoins I'm sorry I Totally butchered that during this time Altcoins that have strong Bitcoin pairs Will see relief to the upside we are Looking for higher highs and higher lows On bitcoin until $69,000 is reclaimed Crucial level and I wanted to highlight That because even though he's not Talking about xrp specifically he's Noting uh in the charts if there's a Good setup for altcoins and and their Bitcoin pair uh yeah relief to the Upside xrp is one of those coins as Highlighted by every analyst Under the Sun that is intellectually honest
Absolutely and we we have seen that this Is this is that moment so take it for What it's worth I'm just sharing you a Bunch of opinions from a number of Different chart analysts and then there Was this from James Van Stratton who's The lead Analyst at crypto slate and uh He wrote The Following we're running out Of lettuce head I called we would see roughly 3 billion To4 billion of loss taken from Bitcoin Um and that's from short-term holders it Was $3.7 billion the second highest Amount ever just short of the ETF launch That was predictable more interestingly Profit taking has completely disappeared People are waiting for $770,000 plus Again to take profits the longer we Consolidate in the 60s the healthier for The next leg up and so we can be forward Looking here folks it's going to happen Bit Bitcoin will keep leading the way It's going to bleed out ultimately in Terms of dominance we we'll keep Tracking that not that that Happ has to Happen now but more importantly xrp is Increasing dominance and picking up Against in the xrp BTC pair xrp is Looking good at least right now we'll Watch what happens but this is Again historically a very crucial moment One day you just wake up and you're Going to do a double take maybe a triple Take because xrp will be taking off and
I've had those I've lived through those Moments I 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
