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Hello this is Matt on the moon Lambo Channel and I have lots of exciting Stuff to share with you in this very Latest Moon Lambo Hot Jam including Things pertaining to the broader crypto Market uh great signs for Bitcoin which Leads the way so whether you hold Bitcoin or don't maybe you're not that Excited about it I mean I hold Bitcoin I'm not really excited about it uh but Even if you don't care about it well you Should because it leads the way Historically and as long as long of Things are good for Bitcoin trending to The upside uh you can count on the rest Of the market ultimately moving up as Well uh we' definitely got signs of that As well as perspective from an xrp chart Analyst who says that it's guaranteed That's a big that's a bold claim Guaranteed xrp is guaranteed to go 6X to 10x from the current price level so You're talking about upwards of a 900% Surge if indeed correct now that type of Movement absolutely sounds plausible to Me uh I'm just not so bold as to put a Guaranteed stamp on it technically you Know I have very strong conviction but Do I have 100% certainty no that goes a Little bit too far but I appreciate the Enthusiasm none the less 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 all right so at The time I'm recording this it is it's Past midnight all right uh let's see it Is 12:40 a.m. Central Time Friday uh March 29th 2024 uh xrp at 62 cents Bitcoin at $703 31 now I'll mind you just a little over 24 hours ago uh not that broadly Speaking the entire crypto Escape you Know all the speculators out there were In fear or anything I'm not making that Claim but um the environment certainly Gave the appearance of of uh being a Little bit more scary and a little bit Less certain and you could see all sorts Of people voicing as much on social Media but what we've seen since then at Least is a lot of strength coming Bitcoin moving to the upside xrp moving In lock step along with the broader Crypto markets here you have the crypto Fear and greed index at 79 out of 100 so Market absolutely still in extreme greed So let me share with you a couple Indicators here and we will be getting Into the xrp stuff specifically but Check this out you guys familiar with The Russell 2000 I I've brought it up From time to time the Russell 2000 is an
Index that tracks 2,000 small cap so 2,000 small caps of small companies in The United States and it's been Interesting because as noted by multiple Analysts including my fellow xrp YouTuber the blockchain backer um we Haven't seen you know a a full-on you Know Bitcoin to the Moon alltime High Crazy alt season we haven't seen that uh Without a very strong uh very strong Stock market you know you're talking About the the word expansion come to Mind um well what we've been seeing Recently is yes the Dow Jones and the S&P 500 this year hitting tons of new All-time highs i' I I'm not even keeping Track anymore of how many times uh they Both hit new alltime highs and you love To see it and that's part of what you uh You should expect in in these types of Environments but it's been a little bit Concerning because it's Bas it's only Basically been like you know a handful Of companies leading the way and so That's why there there were some Analysts especially earlier this year Before we knew for sure whether or not Bitcoin was going to hit a new alltime High there was less certainty or less Confidence from some that that we'd be Seeing that happen because some of the Stuff looks a little bit different but I Will note that although the Russell 2000 Has been lagging behind a lot it's
Basically been moving sideways for what A couple years at this point um roughly I want to say four maybe six weeks ago Uh the blockchain backer was talking About how he believed that the Russell 2000 uh was actually in woff Accumulation and I believe he said the Sign of strength phase so if that were Indeed the case that would be the right Before he start seeing that move onto The upside and if that indeed happens Then things would look start to look a Lot more like previous cycles and that Would instill additional confidence that Yeah this thing isn't going to be Tapering off anytime soon it's going to Be great because there's that much money Flowing into the space there's that much Liquidity here broadly speaking and now We are seeing the following and so there Was um chart analyst txmc formerly with Onchain analytics from glass node he Shared this um Russell 2000 chart and he Said Russell 2000 highest daily Clos Since March 29th 2022 so how about that maybe this time Isn't different it's just that it was Lagging behind and by the way I'll note That there there is historic precedent For this and I talked about it at the Time so probably probably was about a Month and a half ago I said guys uh and I I cited a specific example I can't Remember the exact time frame off the
Top of my head because it's been long Enough now but I noted that um you know Here's an example of Russell 2000 Absolutely taking off with the rest of The market but it lagged behind by like 10 months so maybe all the pieces Actually are here it's just that we Thought there was an expansion broadly Speaking because it just hadn't occurred Yet and things aren't going to be Exactly literally the same down to each Minute detail and look at look at Bitcoin though so obviously we're we now Have the benefit of hindsight that the Earlier uses in 2024 didn't have we know That Bitcoin has hit multiple new All-time highs um started to look like Maybe it was getting into price Discovery but how high did it get 73 74,000 somewhere around there and each Time it's been button up against that It's come to the downside now that is Actually historically normal uh once a New all time is alltime high is hit for Bitcoin uh it takes a while to break Through it with conviction but Inevitably in each case in the past it Has happened and I don't see why that Wouldn't happen here I'm not seeing Signs that things are exactly slowing Down in fact I'm seeing the opposite Here's another post from txmc this is a Bitcoin USD price chart and he wrote Bitcoin appears to be turning the 2021
All-time high into support so there we Go and you can see what it looked like When uh when it was first breaking Through the all-time highs just kind of Teasing a little bit through and then Right on back to the Downside um scaring the hell out of some People not me but some people and now He's saying okay it went back up above The 2021 all-time high which is a Critical level came back down tested as Support and uh it is indeed support That's at least at the time that we're Recording this excuse me so that's what He was highlighting here well folks That's incredible because if if Bitcoin Does indeed do what I think most of us Are expecting it to to do an ENT price Discovery hold onto your hat my son and Then you can imagine what that's going To mean for the altcoins because the Real opportunity for life-changing Wealth is in alt coins I believe Including Xrp here's a post from chart analyst Matthew Highland and he shared this post Uh this evening 9:10 p.m. central Time Bitcoin weekly candle remains in Position for highest weekly close ever Heading into Friday a weekly close above Prior Cycles high of $69,500 would Likely uh lead to a lot more up upside So and and folks eventually it's going To break through with conviction and
It's going to be real fun it'll be Another one of those days where Bitcoin's going up by thousands and Thousands of Dollars excuse me I have not been Coughing all day I literally have no Idea where this is coming from but let Me just take a sip of water my Apologies all right uh here's another Post for Matthew Highland Bitcoin this Is cool so this is history in the making I mean I hope uh Bitcoin is attempting To complete its seventh cons consecutive Green monthly candle for the first time In its entire history with this March Close that I would love to see and I I Hope it happens there's a really good Chance it could happen and this would Just be one more thing you can look at Speaking to the the degree that there is Incredible strength in this market this Is this is why it's like you you you Don't sell in a market like this I'm not Telling you literally listening what to Do it's not Financial advice I don't Mean that but I'm just saying my concept Is what what I believe to make the most Sense is you don't sell uh in a in a Market that is in Bull mode you know you Got you got to start till wait until There's some uh cracks in the facade and Uh maybe then it makes sense but I mean Don't go against the grain here that's That's my belief
Anyway here's a post from chart analyst Ali Martinez and uh he simply wrote The Following Bitcoin Wales have purchased More than 100,000 Bitcoin over the past Week worth $7 billion uh folks I got to Be real clear that's that is not a top Signal when Wales are still purchasing Them splishy splashy whales getting Aquatic AF uh parties on my friends that Is one of the things you watch for when Whales start selling they go into Distribution that's one of the things You should watch for and it doesn't go Up in a in perfectly in a straight line There can be times where whales are Selling and it's it's just part of the Process of a continuing bull market but You what I'm saying is this is not the Behavior you see at Tops the idiot liming retail speculators Have the ones that were going to panic Sell buy and large they've already done So and the Wales took advantage of that And bought their Bitcoin on the Cheap is what it is folks Tails all this Time this is always how it goes here's Another post from Ali Martinez Bitcoin Appears to be breaking out of a bull Flag on the 4H hour chart if Bitcoin Holds above $70,000 we could see a surge Of nearly 10% to a new all-time high of $77,000 and so I'm just highlighting a Couple examples of posts along these
Lines but just to illustrate the point This is broadly expected I'm not finding A bunch of analysts that don't think This will ultimately happen uh here's Another example from chart analyst jelly Bitcoin is breaking out from this cup And handle handle pattern these patterns Happen after an uptrend preparing the Market for a new move higher it has a Target of roughly $80,000 send It yeah as far as I'm concerned just a Matter of time you don't have to be a CH A Char guy to have that level of of Confidence you just need to have Understand some very simple things how What Behavior we seen in the past like I Was talking about a few minutes ago you Know when you when you hit that new all Time ey what happens there's a bit of a Struggle and then it finally goes and There's so much liquidity out there Right now why would it not happen it Just seems like a virtual certainty not An actual certainty but a virtual Certainty here's another post from jelly Historically when Bitcoin enters price Discovery altcoins are about to embark On a Monster Run I don't think we'll be Waiting for much longer uh yeah I don't Either in fact we've already seen a a Lot of uh exciting movements over the Last well I'd say mostly for me Personally I'd say a lot of the most fun
Moves for stuff that I hold was really Back to like say October that's when a Lot of the fun happened and I did some Final accumulation because that was Pretty much the tail end of the Accumulation range as far as I'm concern And I remember talking about that at the Time um not that we're not going to go Much higher I I firmly believe that we Are but when you're talking about Finally breaking out into the most Ridiculous portion that's the most fun That's the part that's ahead of us It's just there's you know days like That in crypto markets few and far Between most of what it is to be in Crypto is sideways price action you know Little bit up a little bit down mostly Sideways and then occasionally you have The days that are super fun where you Get these big breaks but the blowoff Tops that's when it's like every day There are multiple coins going and the Money's rotating um and that's why I'm I'm so glad that I have broad exposure To the entire crypto asset class I hold A lot of different cryptocurrencies It'll make it easier for me to scale out Over time rather than if I just hold one One or two or three coins uh well sure I Still got that opportunity for when Those go but not only do I get to have More fun by having more exposure because I get to watch those things go up over
Time and it is fun you got to admit that It's fun it's okay to enjoy this stuff Uh but also there it'll be less Stressful because you're not going to be Trying to scale out of a monstrous Position necessarily um where you're Riding on so much and then there's a Chance to bungle it and then are you Know if it's the uh you know crucial Days where whatever your coin is it's Going up you know where are you trying To sell it is your is your exchange live You know because you know what happens Well a lot of these exchanges uh under Times of a tremendous volume they crash And what if that's the time where you Really needed to sell it whereas if you Have a bunch more coins you're not Risking as as much in in terms of you Know the the stress of trying to get out Of your positions when that's F when You're finally uh monetarily enticed to Do so that's All uh here's a post from crypto Insight UK now this is the other day so this was On the morning of the 27th and he was talking about xrp BTC which still even at the time I'm Recording this looks good so lots of Analysts have been opining that it looks Like the xrp BTC chart probably bottom And we'll see you know got to see it Hold but we haven't so far but looks Like it bottomed on U is that
Technically March 11th or yeah it looks Like the 11th so you know a couple weeks Ago um and where where it is our it is Higher than than what it was it was at Before that and it had been trending Down for the longest damn time uh puts People in this mood of Despair and oh my God it's never going to stop but this is What you see before things take off so This is a critical chart to be watching And again I'm not a CH eyy you don't Have to be some sort of chart wiard to Understand this very basic concept look Where I'm circling right here this was The bottom for xrp look where we are Right now and so and I even noted and Was not pretending to be a charkey but I Noted at the time like even we were like Right here for those of you looking the Screen worm Circle Uh that would have been a third higher High had it held not that it had to Though as I noted even at the moment uh It can come back down but if the chart Analyst are correct that the bottom was On March 11th then we'll need to see This hold but either way this is normal Behavior even if the chart analysts are Wrong and this actually wasn't the Bottom then we're still pretty damn Close I would suspect anyway because xrp Is part of this asset class the asset Class moves in Tandem and at some point
Xrp will be so unreasonably valued Compared to bitcoin that people enough People with that who who don't just make Uh emotional buying and selling Decisions will recognize that money will Flow in and then the idiots that do make Emotional decisions you know foming in That money comes in a green candle is a Green candle is a green candle folks it Doesn't matter if it's Bitcoin or eth or Xrp when you got a crazy green candle People will fomo into it even if they Don't know what the hell it is because Humans are Ridiculous and I'm here for it in fact That's part of my Strat I'm counting on The humans to be ridiculous and then I'm Just not going to to be ridiculous I I Have my positions and then if I'm Enticed to sell I'm going to and if I'm Not enticed to sell then I'll just keep Holding and that's that and maybe I RI a Bunch of stuff to zero if I'm never Enticed that's pretty much it it pretty That part's stress free to me you know If anything uh I'm more concerned about Finally scaling out and hopefully Hopefully there aren't a bunch of Hiccups along the way but uh anyway so Crypto Insight UK said potential hidden Diver bullish Divergence forming here on The xrp VT vbtc chart if we look at the 4our chart we can see price potentially Forming a higher low whilst RSI is
Forming a lower low this is a bullish Signal Additionally the lower low on Price is coming in the oversold area This gives us even more room to bounce Should we start to bottom soon so again That was on the 27th in the morning now Uh he reposted that that's when he yes I'm correct yeah so that he reposted That and had a little bit of an update Here and he shared this chart It's the same chart it's just updated Because he posted later uh so he posted This 1:28 p.m. uh so this was a little Less than 12 hours ago he posted this And he said xrp vbtc 4our update some Laughed but as price action develops Things are looking better and better for This call and at least at the time that He posted it it was moving to the Upside so we'll see what happens you Know look even if the analyst had said The bottom is probably right around the The 11th even if that's not literally True okay then we're we're about to find One I bet this time is not Different uh here's a headline from you Today xrp begins bullish Ascent top Analyst teases 900% Surge and they're Sharing perspective from chart analyst Egreg crypto I'll make this chart that He shared full screen for you it's the Xrp price chart and I like the optimism I'm for this now a lot of people will Speak in absolutes and they'll say you
Know um well you know the hashtag Z Doubt in our community right and I I I Always appreciate like I can I Understand and appreciate where people Are coming from they use like # zero Doubt um I have doubt not like a ton but A little bit you I want to leave a Little bit of room uh for me possibly Being wrong about what I have very Strong conviction about but uh no I Sleep like a baby holding as much xrp as I have and it's my largest individual Holding so you know I won't say stuff Like so and so is guaranteed when it Comes to price action certainly but I Appreciate I appreciate the enthusiasm It from chart analyst e GRE crypto and He wrote The Following xrp guaranteed 6X To 10x historical data serves as the Blueprint for future movements let's Dive into the minimum and shortest pumps Observed when the 21 EMA crosses the 55 Ma on twoe time frame number one the Green box for those of you looking are Circling right here and right here two Green boxes 900% $5 50 blue 585 to $4 xrp Army get ready yeah so I Certainly acknowledge that price action In that real Is it's conservative it's very plausible
If we're going to have a full-blown alt Season I would be absolutely astonished If xrp doesn't participate and Participate to the degree that it hits a New all-time high in interest price Discovery now I don't know where the Price is going to go I always Acknowledge I could be wrong nobody Knows for sure but it would just be Absolutely bananas I mean think about What that would mean that would mean That it didn't run even though it Actually does have legal clarity now and That's the reason it didn't last cycle I Firmly believe that but think about this So humans the world over if it doesn't Go this is what this means humans the World over kept xrp in the top 10 Cryptos by market cap its entire Existence over a decade including while The SEC was attacking it that's what the Market did the speculators did that only To get to a bull run where there is Legal and they're like yeah no just Kidding we're just not going to put my Money like and then what humans are are Not going to act like humans do and then When money does a little bit starts Flowing in they just fomo like humans Are just going to not so people are not Going to people no people going to People people going to people son and so That's why the idea it's just it's so Absurd and you don't need to to be a
Chart guy to understand that Concept the world is already telling you That it that as far as it pertains to Crypto xrp is incredibly valuable I know There's toxic Bitcoin trolls that'll try And scare people out of their positions But the world look at where it's at in Market cap that's the entire freaking Planet telling you what they think for Over a decade that's super rare but no It's just not going to go to all time it Just just be there in the top 10 it's GNA hang out there but no new Al time no New Al time no no no that doesn't make Sense unless there's a Black Swan event Or we don't have an actual full-blown Alt season outside of that it doesn't Make a lick of sense of course it's Going to go of course it is Not technically 100% guaranteed but I'm Just say and that's why I also said many Times if that doesn't come to pass and There's there's no Black Swan event and Xrp literally just doesn't hit a new All-time high that's that's a moment Where we need to come together as an xrp Community and have like a have a come to Ja this moment you know what I'm saying Because something would be wrong at that Point and but it's still I just I don't See how that happens when the market is Screaming at us no this is one of the Most valuable cryptos on the entire Planet but it's just not going to
Participate but Bitcoin is and eth is And Doge pick your coin but but xrp just Isn't because reasons yeah I don't buy That I just don't buy that I'm not a Financial advisor 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
