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Hello this is Matt on the moon Lambo Channel xrp finally bottoms against Bitcoin with an 88% upsurge currently in Sight this is the headline from the Crypt basic and I actually mentioned a Little bit about this yesterday I'll Expand upon it as we get towards the Later part of the video here but but Here's the deal you know you'll wake up One day and xrp price will be running And when you first have a glimpse at the Price for a moment you may think you've Misread something but it will be real You know and I've had those moments with Xrp specifically myself a handful of Times over the years I'm looking at the Price I just open my phone like well That can't be oh wait that I guess that Is right and then I go to check a Second Source just in case there's some sort of Glitch with whatever uh platform I'm Looking at uh but look I've had that Experience like I said a handful of Times myself over the years and it will Happen again we don't know exactly when But it will likely be relatively soon I Personally believe and it's it's perfect Reasonable to expect a massive surge in Xrp price even without B Bitcoin hitting A new alltime high you know we we Realistically could wake up any day now And see that that that's actually Unfolding I just don't believe that We'll see xrp hit a new all-time high
Until Bitcoin hits a new all-time high First but we could certainly see a Massive run prior to that there there's Historical precedent for that so we Could still definitely have some fun Even before the face melt part but um You know look there's there's a broad Acceptance for many At at this point just the idea that the Real excitement in crypto is with Altcoins and that's really the next Truly big thing I mean unless you Consider Bitcoin hid in the alltime high To be a big thing which okay fine Technically it is but how many are going To be just you know thrilled on a Personal level about how their net worth Is increased because of the Bitcoin I'm Willing to bet not as many people as There will be that will will be excited About their net worth increasing thanks To uh altcoins running but but look when It comes to um you know the xrp BTC pair Would you rather purchase xrp when uh You know you're seeing that xrp is at The top or or when it's bottomed out Because right now people are bitching up A storm about xrp being worth way less Than Bitcoin bitcoin's taking off and What about xrp well doesn't that present Of anything a buying opportunity because I will tell you this in the charts Historically the answer is absolutely Yes cuz after Bitcoin after xrp rather
Runs and face melts it's I mean my it's Going to substantially outpace Bitcoin We can look at it on a chart would that Be a better opportunity to buy xrp well Historically no because that means it Just did an incredible job making people Filthy Rich I'm just saying but 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 all Right price is still holding uh xrps at 60 C Bitcoin at 42490 bucks so up substantially compared To the lows just the other day close to The $40,000 Mark market cap for the Asset class 1.6 trillion and the fear And greed index 74 out of 100 so this Really didn't scare a whole lot of People the fact that we had a Precipitous drop yesterday it's just It's normal stuff here I mean it did Scare some people don't don't get me Wrong but um you know it didn't it Didn't uh keep people from overall Feeling Greedy um take a look at this headline From the daily hdle analyst unveils max Pain scenario for Bitcoin says crypto
Never witnessed secular bare market and This is an interesting topic because it Comes from um one of my favorite anals Out there credible crypto and it's an Idea of like history it kind of rhymes With itself like I say with some some Amount of frequency here but it I mean It it doesn't literally repeat itself It's not exactly the same and so what we What appears to be happening right now Is a speeding up of the cycle so Couldn't we also on the flip side have a Bare Market that is substantially longer Than what is the norm well credible Crypto firmly believes the answer is yes And so even though we're going into the A very fun phase of a market cycle he's Warning that this is just his personal Opinion we're going to see a really Really really long be Market the likes Of which has never been known in the World of crypto after this reads as Follows a closely followed crypto Analyst is unveiling a scenario that Would devastate those who hopped on late On the Bitcoin bandwagon pseudonymous Trader credible crypto tells his 36,900 followers on the social media Platform X that Bitcoin will likely Leave most retail Traders on the Sidelines and rally just high enough to Entice them to come in the analyst Predicts that those who are late to the Bitcoin bull market will be in for a big
Surprise as he expects bit to witness a Multi-year downtrend and quote this is What he said verbatim max pay is new All-time highs prehab while everyone Fades Bitcoin at40 to $50,000 and then Massive dump into five plus year Mega Bear post having when everyone buys the Dip thinking we have another one to two Years left in this new bull cycle end Quote and so that's look that's what He's calling for and he's been talking About this type of stuff for a long time I mean if you go a year ago he he was Bullish when everybody else well not Literally everybody else but so many Probably most chart analysts frankly Because I think most are awful uh most Were bearish and then price gets up to This point and suddenly oh now we're all Bullish and so this is just how it goes Though just I I keep noticing this again And again with any an because because Most analyst since they're mostly awful They they have the same general Perspective of the typical liming detail Speculator whatever the sentiment is Most analysts have that and I just Happen to notice the ones that I think Are worth their salt they they're not They're they're in the minority and They're getting screamed up by the idiot Retailers who don't know what the hell They're talking about which is kind of An interesting thing to watch but that's
Just how it is and so I don't know if He's right or not but this is what he's Warning even so it's never been the case That you have this Market cycle where Before the Bitcoin having Bitcoin hits a New all-time high and he thinks it That's it's going to happen for the First time and then after that um that's That's the time to be fearful anyway Peace continues credible crypto Highlights that Bitcoin and crypto have Been in a macro uptrend since Inception And that a multi-year bare Market will Be good for the long-term health of the Market and he says quote it's not Negative it's just realistic in my Opinion crypto has never had a secular Bare market and every Market has one Nothing goes up only Forever this would be akin to the bust Of the early 2000s that preceded what Has been essentially a multi- deade Secular bull for tech stocks I am Basically expecting the same for crypto A secular bear to wipe out all the junk And then the next multi-decade Bull Run In which the Google's apple and Amazon Of the crypto space will be established End quote yeah and I I'll say at some Point this garbage it's still got to be Flushed out of the system and it's Taking a lot longer than a lot of people Expected but they're over 20,000 Cryptocurrencies are not all going to be
Widely adopted or adopted at all in any Sort of meaningful way but they exist Right now and I just don't see how that Could possibly be Sustainable it's it's been sustained Longer than most people would have Guessed but we're seen directionally Things go the way of you know like most Of those are going to go the way of the Dodo which by the way fun fact is my Favorite extinct Aven creature but uh as To how long I don't know I mean people Were thinking that in 2018 oh it's a Good thing that we're having this bubble Crash uh or the bubble pop and then Markets crashed because now we can just Flush everything out of the system that Was garbage and back then there were Probably like what 2,000 Cryptocurrencies well no nothing I Shouldn't say literally nothing but Stuff wasn't flushed out of the system Instead we went from having 2,000 Cryptocurrencies to now over 20,000 so No that was wrong and I wasn't I wasn't Confident that people are saying that in 2018 I was pushing back against the idea I was like where's the evidence for this Why do you think that they're all going To zero when they're not at zero yet After a lot of them pulling back over 90% or 95% but they're not at zero They're still floating around here and Then they continue to move even years
Later in tandem with the rest of the Market even if they're not all hitting New new all-time highs so it's just kind Of a weird dynamic but at some point uh He does believe cable crypto believes We're going to have a very long bare Market so the good news is we've got the Fun part ahead of us first but even in The bare Market I'm going to be having a Blast else we still be run this YouTube Channel as long as any of you are Willing to listen but because I have a Fun time just being in this face uh but I'm just going to see that as a Tremendous opportunity and most of what It is to be investing anyway is just a Bunch of sideways and downward price Action anyway so for me it's like power For the course even if it's a little bit Longer than previous Cycles whatever I'm All good on it I won't be flipping out I'll be taking in the opportunity should That unfold in such a way there's this Post from chart analyst crypto Caesar And um and he wrote The Following he Wrote everybody is arguing on X classic Quite normal for this part of the cycle And I thought yeah that that's about Right you know I haven't been over six Years and I'm like yeah this sounds About right and I made me think of Something that the blockchain backer Said uh very recently he's just noting That you know when it when it comes to
Sentiment from the public like when you Get to the part where there's a massive Pullback and it doesn't scare uh doesn't Scare the retail speculators which would Because if it scared them it would get Them to argue more but if it doesn't Scare the retail speculators that's the Time that you should actually be scared And I was like yep I just like bcb's Right absolutely 100% uh there's also this from chart Analyst ereg crypto this is an xrpusd Chart and for those of you not looking At the screen I'll note that he he Thinks two outcomes in particular are Plausible from this point uh one would Be xrp blasting off from about 58 cents Which we actually just had literally Yesterday and then the other one shows Xrp getting down to a slightly below 55 Cents um but still moving to the upside So even if that happens it's not the end Of the role but yes of course we'll have People that are you you know extrap Olders just screaming bloody murder and I'll just be like yeah whatever it's a Day that ends with the letter Y all is Right in the world but anyway this is What he's he's saying is POS possible or Most probable in his perspective here's What he wrote uh xrp's future blue or Yellow trajectory and again the blue one Is where xrp just bottoms at 58 since The yellow one is where it bottoms that
Looks like you know close to 55 cents And he says I'm leaning towards the blue Trajectory Although a dip to 55 cents remains Possible this might just be our final Opportunity to snag xrp at these rates Xrp Army stay steady I've mentioned Before that purchasing xrp below 50 Cents might soon become a thing of the Past yeah well I don't pretend to know When and I have heard that many times For many people so for some people it's Been famous last words but eventually It's going to be true eventually people Are going to say yeah it might be the Last time you can do this and it'll Actually be true and this is the closest I've ever believed that we we've ever Been to me beli in anyway that we might Actually be there so we'll See um then there was this xrp finally Bottoms against Bitcoin with an 88% Upsurge currently in sight so again I Mentioned this briefly in a video Yesterday but this article greatly Expands upon this and it's cool stuff so Check this out because again people keep Thinking oh my God xrp and they're Getting sad about they see B the xrp BTC Pair you look at it on a chart and it's Just it's just down down down down down I'm like Folks the times that xrp has been the Lowest against Bitcoin has been where
The actual opportunity is and people are Like freaking out about this I'm like no This this should lead us to believe that Happy times are ahead like what is what Is your actual MTH function but people Don't know I understand so I don't want To be too vicious here but come on I'm Just saying uh pce reads as follows the Price of xrp has finally bottomed Against Bitcoin after a series of Declines with Market analyst crypto Insight UK pointing to an immin imminent 88% surge in the xrp BTC chart we are Sitting at the bottom of the xrp BTC Range crypto Insite UK remarked sharing A chart detailing xrp's price movements Against Bitcoin over a weekly time frame Notably the chart confirms that Bitcoin Has largely outperformed xrp since July Xrp rallied by 59.2% against Bitcoin in a week when it Soared to a high of 93 cents upon the Pivotal July ruling in the Ripple V SEC Case this this up surge resulted in the Xrp BTC pair soaring to a new yearly High of 0.00 2970 on July 13th the last time xrp Traded at that Level uh against Bitcoin was last September however xrp eventually Collapsed from its high amid the Following price correction and since Then the token is underperformed Compared to bitcoin interestingly xrp
Has recorded 20 weekly losses against Bitcoin out of 22 weeks since mid July The altcoin has only witnessed two Weekly gains so again folks if you look At the xrp BTC pair at multiple points In history this has been this been Representative of an opportunity the Most famous one I would say would be of Course in 2017 where xrp traded sideways Against the United States dollar but Traded down against Bitcoin as Bitcoin Was rocketing off becoming worth way More in United States dollars but as That was happening would that have been A good time to purchase xrp Or a bad time to purchase xrp would it Be better to purchase xrp in that moment Or better to purchase Bitcoin in that Moment well history shows that it would Would have been in that moment better to Purchase xrp because it went on that Face melting rally up to near $4 and again when you see disparities Like this like historically it it should Lead us to believe like perhaps this is Something that should entice US based on Historic Presedent anyway peace Continues um interestingly XP recorded 20 weekly losses against Bitcoin out of 22 weeks since mid July the altcoin has Only witnessed two weekly gains the Losses have been exacerbated since early November as Bitcoin breaks above pivotal
Resistance points while xrp remains Relatively stagnant as a result xrp Collapsed to a low of 0.0000001 1425 Bitcoin marking a 52% Drop from the yearly peak in xrp's Lowest price against Bitcoin since March At this price crypto Insight UK believes Xrp has bottomed against the firstborn Cryptocurrency this assertion suggests That xrp will likely stop recording Further substantial dips against Bitcoin The analyst thinks a price reversal Could be on the horizon one of the Factors contributing to this sentiment Is the weekly RSI of the xrp BTC chart Notably the RSI dropped to 35.9 7 at the Time of reporting this value suggests That xrp is already slipping into an old Oversold position henting at an imminent Reversal in price movements and so that Flushes out the concept certainly Further than than what I was mentioning About this this Yesterday and it's true and this does Make sense and of course it doesn't mean That it happens in the next minute or Day or week or even month necessarily But I do believe if you fast forward a Decade from now and you look at a zoomed Out chart it it's going to look it's Going to look pretty obvious What actually happened here it'll look Like xrp's moving in correlation with The rest of the market but if you look
At what's happening on the xrp BTC Pairis you can do at any number of Points along the the line of History uh You'll be able to see that this was the Moment and so even if even if we hover Around here for another month or two or Three or whatever it ends up being Because xrp historically does run last If it's going to run it's going to run And I Just I again if bit hits a new alltime High how would this not Happen I mean I mean unless we have a World where Bitcoin runs to a new Alltime high and nothing hits a new Alltime high that sounds absurd that's Absurd that's a stupid idea I just I Can't imagine that happening there's Going to be so much excitement and Euphoria in the market of course things Are going to run and it's just hard to Believe that xrp wouldn't now if it Doesn't fine we'll have some sort of Come to Jay's talk but I just I really Have a hard time believing that's going To be the Case so anyway I seems very clear to me The best is yet head and we're going to Have a fun time like I said one day you Will wake up and xrp is going to be Running and it's going to be a very good Day 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
