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Hello this is Matt on the moon Lambo Channel is everybody still having fun in Crypto just want to check your pulse Real quick because there's been in case You haven't noticed a little bit of a Pullback over the last few days and Actually at the moment I'm recording This uh Bitcoin actually just hit its 24-hour low uh at the time I'm recording This it is 11:50 p.m. central Time uh Tuesday March 19th 2024 and uh Bitcoin just hit a 24-hour Low of what 61,500 43 bucks just right before I hit Record on this video and xrp currently At 58 cents but just a few minutes ago Was right at 57 cents so markets going Down I'm assuming that some people are Losing their ever loving Minds not me though I'm having a grand Old time so a few things um I'm going to Share with you perspective from a few Chart analysts here and I'll just Reiterate one of the things I'm going to Do is reiterate a point that I've been Making in in recent videos which is that This historically is the moment in in The time when X RP goes uh but in Addition to that there's an analyst Highlighting that xrp is bouncing off of A seven-year trend line and people are Going to um you know some people are Going to get a little bit nervous at This particular moment in time doesn't
Think that makes sense uh got Perspective from another analyst who Says among a number of things um the Reason that he believes xrp did not hit A new all-time high last Market cycle in 2021 and and and of course there's Always the uh the very obvious answer Which is what I always highlight which Is the SEC sued Ripple effectively Attacking all xrp holders the world over There's that but there's a separate Reason cited by this particular analyst That I just hadn't heard before so I Want to share it with you 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 now I'd also like To point out that uh the crypto fear and Green index which is on your screen Right now is at 74 out of 100 it dropped To 74 which means that we have Officially fallen out of extreme greed And just into regular old-fashioned Greed I haven't seen that in a little Bit right well we've had a big string of Days with extreme greed just day after Day after day which is not uncommon for Times like this when markets get hot but
Inevitably Corrections come and we we've Seen way worse than this just to be Clear so if anybody's afraid out there Uh I mean I don't think it makes sense To be afraid there are not top signals Here for the market uh in fact if you Look at what historical Norms are no Maybe we're like closer to the midpoint If anything and I understand that we've Been climbing out of the depths of the Bare Market since FTX collapsed in 2022 But if you're talking about for this Phase of all the excitement I mean some Have argued we're getting close to Halfway through either way wherever you Think we are in the cycle the primary Point is and I think pretty much Everybody you know that's you know worth Their salt in this as a class in terms Of you know who's an an nobody thinks That this is the actual end right here Just because the price is going down and That's the type of thing that people Care about right now this second today I Understand that uh but no this is just Normal I've been having a blast in fact And I'll talk about this in a separate Video but I bought 11 new Cryptocurrencies that I didn't hold it' Be too far outside the scope of this Video but I'll talk about that probably In my next video just for fun but um I'm Having a grand all time um here's a post From chart analyst credible crypto he
Posted this this morning 9:57 a.m. Central Time which is my time zone this Is just a a bitcoin price chart in USD and he said Al already showing signs Of potential reversal as per my last Tweet and now Bitcoin has printed a Confirmed bullish Divergence on the Hourly as well with potential for a Double bullish Divergence to print at This next close as we push into to our Green zone of Demand these are the signs of a Potential reversal I was looking for First area of resistance on a bounce is The 67 to $668,000 region in red if we Can get there we may see a Rejection but will be looking for a Higher low after and continuation up and So we're a little bit lower than where He was at that particular moment in time Um you know at the the bottom of the Screen box what 62837 bucks and as I'm Recording this 61655 bucks for Bitcoin not dramatically Off compared to this morning but you Know still technically 24-hour Low um but check this out and this is Fun Too there's a post from incredible Crypto on March 4th where he just wrote The normies are coming fam the normies Are coming and so the normies being People who either are no coiners are are Not heavily engrossed in the world of
Crypto like us and I are right and so he He shared a a text that he got here uh Somebody in his context wrote what's Cracking my brother we are at about $69,000 now haha so he's like the Normies are coming watch Out uh because you know that type of Stuff does happen and I don't think There's been a crazy influx like we saw Last Market cycle I still think most of The retailers um you Know if there's going to be a blowoff to It just hadn't happened yet it just like There's a portion of the the retail Segment that's come back but uh not like We've seen the last couple Cycles so I Think that that's yet ahead of us uh but But then he shared this post incredible Crypto did this afternoon he said this 15% dip from the highs has effectively Caused the normies to start doubting Bitcoin again we now have permission to Send it back up we thank you crypto gods For this gift and yes how fickle these People's emotions are you know what I Mean and he shared another screen grab From his phone here and so somebody Wrote to him good morning my brother Hope you and the family are doing well And he wrote morning bro same to you What's up and the guy responded doing Good my brother thank you what happened To the $100,000 plus haha are we still On
Track it's a 15% dip folks I'm having a Grand all time I I very genuinely mean That uh it went on a bit of a buying Spree the last three days in fact Including today and here you have people Losing their freaking mind over a 15% [Laughter] Dip take a look at this so here's a Poster he's talking about alts in General specifically three altcoins xrp CRV and harar and this is this morning Incredible crypto wrote this is an xrp Price chart on your screen uh lots of Alts that I personally track have put in Potential local bottoming structures I'm Sure many more that I don't actively Track may be doing the same we need to See some further confirmation with Higher lows holding here but this is the First real sign of a potential Reversal and so he's warning of a dip Into the green box is at the time we Were closer to 60 cents when he posted It this morning and like I said right Before recording this video we actually Dipped to the 57 Cent region and so he's Got this box here showing where perhaps Xrp might would have might have gone as Low as and it is about 57 cents actually So noting that could go down to that but Then ultimately back up and this doesn't Change to be clear here credible crypto Has been consistent about this these Pullbacks are normal and it's not going
To it doesn't do anything to change the Big picture of Bitcoin hitting above $100,000 doesn't do anything to change His expectations that xrp is going to End up peing may perhaps as high as Close to $20 um he he highlighted that literally Uh I guess it was yesterday and I Highlighted that in a video when he Shared that information yeah this Doesn't change anything it's just more Opportunity for people that do have some Capital to deploy should they so choose Their opportunities because everything's Unale compared to what where it was you Know just several days Ago um here somebody named Alex wrote to Credible crypto in response to that post And said potential time frames on these Cred to question mark specifically xrp Kind of Pumped Bitcoin decided to take One more sord before next leg up I Wanted to get some more xrp around these Levels when I get paid next week LOL Incredible crypto responded to and said Xrp prob is one of the strongest so Can't imagine we would be down here for Too long I'd imagine days at the most And so if you want to know what credible Crypto thinks is likely in terms of how Long the price of xrp is going to be Suppressed at these levels although Nothing's guaranteed he thinks it may Just be a few days now of course and he
Said this in other posts if Bitcoin Actually does take a bigger Dive you probably want to throw that out The window because the whole Market will Keep moving in tandem right uh here's a Post and this is about the xrp BTC pair This is this is fantastic this is really Interesting stuff here so this is an xrp BTC chart on your screen incredible Crypto wrote The Following just this Afternoon 2:29 p.m. central Time despite All the people in the comments of my Last post talking about how we are back Where we started after the drop on Bitcoin the xrp BTC pair is still 3 to 4% higher than when I tweeted and has Maintained a higher low which means Nothing has changed and the idea is Still going perfectly to plan those who Are not understanding this may benefit From studying and understanding the Relationship of altcoins uh you know Priced in Bitcoin uh Pairs and altcoins Priced in United States dollar those Pairs so that's why he wrote alt BTC and ALT slusd in any case now that Bitcoin May have begun to stabilize we should See this pairing continue to upside Targets which should coincide with a Rise on xrp USD as well as long as Bitcoin doesn't drop further and so That's always the caveat if Bitcoin Sneezes a two maybe uh redo your charts For every single altcoin on the planet
That's pretty much it because because Bitcoin leavs if it's that big of a Change anyway so that wouldn't be Surprised we we've always seen that Historically right very Normal but as far as this moment in time And credible crypto has arguably been The most precise analyst for this this Particular Cycle And when he's talking about the xrp BTC Pair I've shown it shown it so many Times in recent days might sound like a Broken record repetition is useful Though and there's always new people Jumping on Board look back to the last few times That xrp has looked this dismal when Priced in Bitcoin over the last decade These are the moments where it blasts to The upside this is where we are at right Now this is what he's talking about and He says that on the um xrp BTC pair put In a higher Low that's not nothing so it just Happens to be coming out of this phase This Zone and then it starts to put in Higher low and we're in in Bull mode Despite having a pullback over the last Few days it's not Nothing it's Something somebody who wrote a credible Crypto in response to that named The Man From udon and wrote are we thinking 80
Cent stop first stop incredible crypto Wrote higher so he thinks when the thing Does blast we're not going to go just to 80 cents and then sit there for a while He's teasing a little bit here obviously But he's serious higher is the answer Somebody else named crypto dorf wrote to Him and said hey cred in 2021 xrp failed To reach it its uh alltime High why this Time will be different question mark and This is what I was referencing at the Outset of the video and for me the Answer has always been very clearly the SEC attacked which is why I believe the XR that xrp the reason it's the only top 10 coin that didn't hit a new alltime High well there you go it's also the Only top 10 coin that was being attacked By the SEC but credible crypto has he Agrees with that but he has another Thought which I hadn't heard him talk About before I haven't heard anyone Mention before and it's worth mentioning First that credible crypto uh since 2019 He has had a theory that and he's he's Gone a Great Lengths to explain why he Believes this but back dating back to 2019 he believes that what we're in Right now is prolonged cycle and so what We saw in 2021 uh While most people have called That you know the the peak of its own Cycle uh he says no that was more like a Halfway point and we're having the true
Blowoff top now like like this year and He thinks it's going to be much more Ferocious as a result and that's why he Thinks it wasn't um as intense as some People were expecting despite the fact That it was pretty damn fun on the whole But so here's what credible crypto said Though because again why didn't xrp why Would you think xrps going to hadit a New alltime high why not last time and He said 2021 was midcycle not end of Cycle SEC also clearly caused issues at The time and so I hadn't seen him say That before if he's ever shared that Publicly and then I just haven't seen it But he's saying especially based on the The theory that he has right now uh if That's the case the fact that xrp didn't Hit a new all-time high in 20121 it doesn't mean anything I mean if It's just midcycle you wouldn't expect Expected to anyway so that's his Theory and and I don't know for sure Like he I admit like he's been spot on And he his theory about the lengthening Cycle could be correct and we'll have a Better idea by the time this is done Based on when things do finally uh hit Their height of euphoria the very tippy Top well have a better idea is it going To go into just a little bit later into This year does it spill into 2025 Because if it goes well into 2025 then Uh even credible crypto I think would
Say okay well then that I guess my Thesis was a little bit Off but uh If he's correct then the fact that it Didn't hit he doesn't think is Remarkable in any way so you take some Comfort from that if he ends up being Right on this anyway but I still say Even with the SEC like that's good Enough even just that is Enough here's a post from chart analyst JD and here's an xrp BTC chart xrp while Dumb money emotional about xrp USD pair Xrp BT pair is still in green so folks I'll just note that this is is similar To the point that credible crypto is Making about the xrp BTC pair it's Actually looking really good right now Uh and then people are complaining about The xrp USD Pair and so he says number one hidden Bullish Divergence two inverse hammer And three bouncing off 7year trend line And so look this thing's been baking in The oven a long time we'll all Acknowledge that right it's it's been Bing for a hot Minute this is about the if it's going To happen like we're going to know if we Were um correct in our assumption that Xrp really is going to blast off melt Faces hit new alltime H to price Discover we're going to find out if We're right about that or if we were
Disastrously wrong we're going to find Out in relatively short order there are No excuses past this I mean unless of Course there's a Black Swan even I've Talked about in the channel but I'm I'm Just saying if we have full-blown all Season and xrp does not hit a new Alltime high something's something's a Miss it's just hard to believe that um You know coin like xrp like you wouldn't Expect coins in the top 10 um Necessarily I mean especially when You're talking about the only three Coins in existence that have always been The top 10 by market cap that would be Bitcoin eth and xrp I'll just say this The idea that those three wouldn't hit New all-time highs this Market cycle That all three wouldn't that's Ridiculous to me there are only three Coins on the planet that fit in that Exclusive Club it's absurd to me if xrp I just because if that were the case I Don't think that xrp would even be in The top 10 by market cap of people Legitimately didn't care about it Anymore that's an indicator right I Think So and so he says don't be emotional Like dumb money you're better than that You know what I agree JD I am better Than that pretty awesome suu here's Another post this is from chart analyst Mickey bull crypto also talking about
The xrp BTC pair he says xrp BTC is Currently at the level that historically Initiates an upward rally it is about to Get interesting for xrp and so look it It I I believe this I'm drinking the Kool-Aid on this I know we still have to Get through this correction with Bitcoin Leading the way back on down okay fine It's you know people are going to forget Like people have already forgotten about The dip that we had in January this year After the uh ETF stuff happened that got Approved and then it was a sell the news Event but you know it's kind of Shortlived what how long did it last a Couple weeks or whatever it was then Right on to the upside people are going To forget this too no bitcoin's going to Keep blazing to the upside I won't be Surprised to see Bitcoin above $100,000 At some point before this Cycle's done I Won't be surprised if xrp does indeed Hit a new all-time high in Enterprise Discovery won't surprise me in the least I think that those are the most probable Outcomes and so this this is when it's Going we are so freaking close we got to Sit tight just a little bit longer but There's still fun to be had even in Moments like this and I've been having Fun I I hope you guys have too I Personally absolutely have been 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
