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Hello this is Matt on the moon Lambo Channel here's a headline from the Crypt Basic xrp targets $3 plus dollar as it Finally pushes to breach six-year trend Line and oh my how time flies when You're having fun I've been holding xrp For over six years and um and look it's It is what it is I thought I would have Had my life-changing wealth from xrp Sooner but then Kim Jean guinsler and Jay Clayton happened can't control that That being said we going and get ours Xrp so long as Bitcoin hits a new Alltime high xrp will hit a new all-time High that's what I believe and if I'm Wrong I'm wrong and if it goes to zero So be it I do not believe that is what's Most probable and so I'm just going to Sit here and continue to hold xrb is Still buy a lot my largest crypto Holding even after um the Market's been Rallying still buy a lot it's my largest Holding I went a little nuts with Purchasing in the first few years in the World of crypto purchasing xrp um but my Gosh it's crazy to think it has been Over a six-year Journey for me Personally and for many of you out there I I understand like a lot of you you've Been around just a few years but there Are a lot of you listening that have Been around about as long as me or even Longer and it's just it's just it's so Like it's kind I don't know how to word
It it's like satisfying having greater Conviction especially after today that It is reasonable to think that Bitcoin Will be hitting new alltime highs Because if bitcoin's going to hit at new Alltime highs I just I have a really Hard time imagining that that xrp Wouldn't follow Suit um but anyway 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 Is making YouTube videos about crypto Related topics but just as a hobby and Just for fun and indeed folks I do Believe that our weight as xrp holders Is almost over but we got to let Bitcoin Do its thing and there was this uh post From uh xrp crypto wolf that resonated With me it's a simple it's a simple Perspective but I like it he wrote Bitcoin hitting $63,500 is all the Confirmation we needed that the Bull Run Is here to stay and folks doesn't it Seem that way because again I understand Like at the time I'm recording this Bitcoin hasn't yet hit a new alltime High got up to about $64,000 but getting to that level is Outside of the realm of what any of the People who were bearish on xrp thought
Was POS possible so the fact that that Happened if anything doesn't that Instill confidence that hey this is Actually probably likely to happen Because it shows it can run outside of What even the Bears thought was probable Not just a little outside way outside of What the the people who are bears on Bitcoin thought thought was reasonable To suppose would happen so and so again If that happens though that's why I'm Excited for us here in the xrp Community uh there's also the I wanted To address this too so there's a post um From uh from credible crypto Um and uh he he reposted something from Somebody named cryptic the caddy and who Wrote might the conventional rotation Not happen because the liquidity is in The Bitcoin ETFs and hindering the Rotation of uh to alts and so folks the Guy's getting at here is typically when Money's money's invested in Bitcoin and Then when people want to take profits uh Some some cash out to USD or whatever Their fiat currency is but a lot of that Just gets invested in large cap coins And then when those run profits taken And then those get thrown into midc cap Coins small cap so on and so forth right But the the point that he's bringing up Here is well if the money is being Thrown into Bitcoin ETFs because that's In the world of traditional Finance
Untraditional uh stock exchanges well That money can't rotate into alts right And I've actually talked about this on The channel but I think uh credible Crypto um does a pretty good job Explaining why this isn't something we Need to worry about here and this is in Line with what I had articulated on my Channel in the past and so credible Crypto wrote The Following seen murmurs Of this idea recently and this is where I will again emphasize to ignore the Narratives ETF money may not flow to Alts but there is a ton of other Capital That will will enter this space on a Breach of Prior all-time highs and so Folk folks pause to think about that we Haven't se so fine I mean yeah there was Activity today massive on like coinbase Got it that's that that's the first time Though since since the bottom in November of 2022 that we've really seen Something like this uh and and we know That there haven't been a lot of Google Searches for Bitcoin so presumably That's going to be increasing but it's Typically not the case that those that Like the new money jumps in until the The all-time Highs are hit and then the Headlines are out there and mainstream Media s over you know what happens Everybody's talking about it and um and So we we haven't hit that yet but that Happening will be enough and so that's
Kind of what he's getting at here and Inred incredible crypto continues while ETF flows may be substantial they are Not the only force in the market greed Never Dies and if Bitcoin goes parabolic Money will find its way way into alts One way or another like it always does Eventually I will also add when I say Alts will run after Bitcoin breaks prior Highs I don't necessarily mean they will Start running the next day when we Breach the 20K highs for the first time The alt reversal Bitcoin dominance top Began about 2 weeks after 20K was Breached when Bitcoin paused after Hitting 32,000 so the key here is Bitcoin breaks Prior alltime High and at that point When it begins its first major pause Consolidation that is when attention Shifts back to alts in mass and we Probably see a peak in dominance until Then Bitcoin leads dominance Rises and Alts take a backseat for the most part You will want to look at individual alt BTC pairings for more Nuance ultimately On timing and so this is why it doesn't Matter that uh if you look at the xrp BTC chart it doesn't matter it looks Like garbage because by by it looking Like garbage to me it actually doesn't Look like garbage because as I keep Saying recently because it really Matters and I like to reiterate this
Because it's a crucial point when you See this big of a discrepancy when you See the xrp BTC chart at lows that have Only happened a few other times in History well if history is to kind of Rhyme with itself even if not perfectly Repeat that's when xrp starts running Because there's a big enough discrepancy People start noticing that and be like Maybe the Market's not sufficiently U You know Pricing xrp people think that it's it's Too low relative to bitcoin and then Inevitably what happens is buyers start Stepping in and then it it it becomes Exponential and then you have face Melting like that's that's what Ultimately happens so we do need to wait For Bitcoin but we probably don't need To wait that much longer and even if Xrp legs behind even if say we have to Wait months okay whatever it's going to Be a fun few months isn't it and I'm not I'm not just be clear I'm not predicting A timeline I don't know when this is all Going to happen I I'm here for the ride Whatever it is basically that that's my Stance you know I I know I can't control This I don't I'm not really big in the Prediction game certainly not on price I Never make price predictions I just Believe that over the Long Haul yes Number go up I that always believe that Speaking of number go up take a look at
This this is from uh a guy who goes by The name Checkmate he's the lead onchain Analyst at glass node I'm a big fan of Glass node because I'm a data guy Just I think a lot of people have a lot Of opinions without digging into data And it's It is what it is but um in this case it It's more just an intriguing point he Says here is a fun Bitcoin fact that you Probably won't believe at first Bitcoin Has added $800 billion in market cap Since January 1st 2023 the market cap was just 320 billion At the start of last year and has since Hit $1.2 Trillion uh becoming the 10th largest Asset on Earth that's a astonishing and he by the Way he posted this this morning before The run up to you know 64,000 and Wherever we are now um still safely About 60,000 of course but um Insanity that is this is what you want To see uh here's a post from chart analy CG crypto sharing expectations for xrp And their High you should check this out He says uh xrp market cap $1 trillion Just the beginning an update look Looking back at xrp staggering 2017 Surge of 100,000% and the potential 7,000 per Increase FIB 1.618 may seem like a minor blip but it
Actually represents just 7% of the 2017 Increase which is a tiny percentage my Target is a$1 trillion market cap near Fibonacci 1.61 five so a 7% increase Compared to 2017 will hit FIB 1.618 Which is a key Target for technical Analysts achieving a 7 7% gain from 2017 Uh cycle is extremely achievable this Time alternatively comparing it to the 2021 increase of around 1600% which put The market cap around $235 then dividing The $235 billion market cap by the Circulating supply of 55 billion Suggests a $4.20 move also let let us Push the the price uh near FIB 1. 1212 300 Billion market cap this projection would Put the price of xrp at $5.50 xrp army stays steady I won't Advise you on your actions but I'll Share mine I'm putting all my profits Into xrp while it's below $1 as I see a 5 to 10x return ahead is programmed and Guaranteed and so again I don't make Price predictions that sounds perfectly Reasonable if anything it's conservative And just my humble opinion if I'm wrong I'm wrong but a 10x from here I mean From where it is right now so I Understand he was talking about you know From when he posted this uh maybe it Would have been 550 so with with extrap Being close to 60 cents it's still a Little under six bucks you
Know uh yeah I think that's pretty Reasonable and again it's just so Exciting because we are at that moment Where it's it's it's pretty much Make It Or Break It gu bitcoin's going to hit a New alltime high probably that that's my Lean in anyway um and I I feel a bit More confident than yesterday like I Said it yesterday and I said it the day Before that said that's my leaning but I I I I do have stronger conviction now Because we got to these levels that were Supposed to be impossible and it's still Chilling you know and you saw open Interest wiped out and then you know Bitcoin still hovering above $60,000 Seemingly safely uh that's insane and we Haven't had retail Mania yet like that's Insane and we're at this these price Levels so again all that to say when Bitcoin goes yes finally xrp it's going To be one of the best days of my Freaking life when I finally see xrp Running after all of these years over 6 Years and I finally get to start taking Some damn profits from it because I've Never sold a single xrp in my entire Life I'm a stubborn guy when it comes to Investing like I will I will outpatient Anyone else and I by the way just to be Clear I want this to happen I don't want It to sound like I'm a or anything Like that or that I'm impatient I'm Actually not like I'm ready for it to
Happen sure uh but however long it takes I'm here because that is the emotional State that you need that's the mentality You need to have to be successful Investing period whether it's in Equities or the crypto asset class Whatever period you just you you have to Understand you can't control when stuff Goes when it goes It goes and either you Have exposure when that happens or you Don't and so I firmly understand that And and so I I don't feel impatient but Yes I would like it to happen now it's Been over six years that's all I'm Saying uh and then this xrp targets Three plus dollars as it finally pushes To breach six-year trend line a promit Market analyst has set an xrp breakout Target above the $3 Mark should the Crypto asset eventually breaches its Extensive six-year downward trend line Xrp has been largely underperforming Since it collapsed from the all-time High price of $3.30 in January 2018 the Crypto asset has remained below this Price level unable to even reclaim the $2 price territory despite experiencing The bull market in 2021 so so I'll pause Note depends on where you're pulling the Numbers from sources have different Alltime highs for xrp and I I shared a Screen grab of xrp at $2 according to Livecoin watch when that happened in April of 2021 so there's a record of it
It did hit it it just depends on where It didn't hit it in every single Market But that's where you get those Discrepancies just to be clear peace Continues notably some believe the sec's Lawsuit which began in December 2022 was Responsible for um xrp's inability to Leverage The 2021 market for a new All-time high now folks I'll pause a Note this is crypto media uh which is Why that mistakes on your screen it was December of 2020 not December of 2022 bunch of see students amid the Speculation xrp's underperformance since 2018 has resulted in the formation of a Downward trend line Market analyst JD Called attention to this downtrend Hinting at a potential breakout from xrp After 6 years and I don't need to read The rest of the article but uh here's Here's the chart that he shared xrp Price chart going back six years and Here's what JD wrote Xrp will the six-year trend line finally Break out on the non-log scale after six Years of those who know what they hold With One X gain will finally make Life-changing Gains make sure you're part of the 5% Who takes calculated profit oh yes folks I absolutely will I will start selling Somewhere probably close to the $5 Mark Even if it's just selling like 5% or so I'll make the decision on the fly at the
Moment uh but anywhere and just they'll Be scaling out fairly rapidly probably Cuz when it starts going like let's be Real you have a long time to dollar cost Average into a position but when xrp Goes historically you haven't had a lot Of time to scale out that was true last Market cycle and it was true in 2017 When it made that big move up to almost Four bucks in about two and a half weeks And then that was pretty much it so yeah Probably going to be selling xrp every Single day just getting broad exposure To those price points not worried about Hitting the top uh not even going to try To do that I'm just going to try and Exit to where it's sufficiently enticing For me personally and then if it just Kep keeps running past that I don't give A damn I just I don't care I will have Mine it will be fine that's pretty much It but you know he's noting here again It's just it's another piece of the Puzzle you can look at where it's like This is a Make It or Break a type of Situation where either it's going to Happen very soon or we're very wrong and We're going to be a bunch of sad pandas I just I don't believe that the E the Entire class is going to move in tandem With pretty much everything moving to The upside and that xrp won't be a part Of that I think that concept is absurd Unless unless bitcoin's really not going
To hit a new alltime high but it seems Increasingly likely Bitcoin will hit a New all-time high do we agree on that at Least I mean look at what happened today Look what happened yesterday it's crazy Out there so all this is done is Provided additional conviction for me And when we do get assuming we get Anyway a Bitcoin new all-time high that Will be the moment where I have mega Conviction yes this is happening for xp2 But I want to see it from Bitcoin first Technically and then once I see that my Attitude will be Yes it's it's like I will have the Strongest conviction in xrp hitting an Alltime high in intern price discovery That I've ever had but just we got to Get to that moment I think we're close Though it's really an exciting time to Be seeing all this stuff happen so 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
